Fangda Special Steel Technology Co., Ltd. [600507.SS] Stock Forecast

Fangda Special Steel Technology Co., Ltd. manufactures and distributes steel products in China. The company provides alloy structural round steel used in the automobile and tractor industries; hot-rolled ribbed steel bars used in civil engineering construction; hot-rolled flat steel used in flat steel for the plate chain of material lifting conveyors, as well as used in material conveying equipment in mining, building materials, cement, chemical, and other industries; spring flat steel used to make automobile spring plates or air suspension guide arms; and spring round steel and wire rod products. It also offers high-speed wire, coiled screw, large coil, automobile leaf spring, automobile torsion bar, stabilizer bar, etc. The company sells its products under the Changli and Seagull brands. It also exports its products. The company was formerly known as Nanchang Changli Iron & Steel Co., Ltd. and changed its name to Fangda Special Steel Technology Co., Ltd. in December 2009. Fangda Special Steel Technology Co., Ltd. is based in Nanchang, China.