On November 17, 2009, China Precision Steel, Inc. (the "Company") issued a press release announcing its financial results for its first quarter ended September 30, 2009. A copy of the press release, which the Company is furnishing to the Securities and Exchange Commission, is attached as Exhibit 99.1 and incorporated by reference herein.

The information contained in this Current Report on Form 8-K and the exhibits attached hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information or such exhibits be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

The information set forth in Item 2.02 above is incorporated by reference herein

Item 9.01           Financial Statements and Exhibits.

(d)      Exhibits

Exhibit No.   Description
99.1          Press Release dated November 17, 2009