Economic Woes Fail to Put a Dent in China Precision Steel, Inc. (CPSL) Purchase Orders
China Precision Steel manufactures and markets high precision cold-rolled steel products in China for a wide variety of applications, including automobile parts, steel roofing, plane friction discs, appliances, food packaging, saw blades, containers and more. The company today announced it has strengthened its presence in China and Africa, reflected by an increase in order from the regions. Even in a tough market, China Precision Steel said demand for its products remains high and the company is running its facilities at full capacity. "We are experiencing strong demand for our high precision, cold-rolled steel products despite the current global slowdown. Our…