Otai Special Steel began back in 1999 on June 23rd, registered inDongguan under the name Alltech Steel. Our goal was to supply moldsto the factories of Dongguan city, and we quickly built up to anannual revenue of $620,000 (US).Fast forward to August 2007, and our annual revenue had rocketed to$4,285,600 (US). This rapid growth and development saw us movingfrom just the retail market, to serving the wholesale market aswell, and led to us purchasing several new and high tech pieces ofmachinery, such as: Horizontal Saw Vertical Sewing Machine CNC Flame Cutting Machines Surface Milling Face Milling Plane Milling End Milling Grinding Equipment Plasma cutting machines LathesThis helped us to serve a wider market, meet customer demand andexpand our operations even further, which only led to more growthand development. Rapid Growth, New NameOn November 20th, 2007 Alltech Steel become Yao Teng TradingCompany Ltd. and the full-scale steel trading company as we know ittoday was born (which was to become Otai Special Steel Co. Ltd.)In addition to the original mold steel, we were now also dealing inhigh-speed steel and carbon alloy steel and competing with thelargest players in the industry, working alongside severalhigh-quality steel mills such as: Baosteel, Wuyang Iron and Steel, Northeast Special Steel, Wuhan Iron and Steel, Changcheng Special Steel, Valin Iron & Steel, Xinyu Steel, Xingcheng Special Steel, Xiwang Special Steel, Shougang, and other mills.We found ourselves in a very competitive position, able to leverageour relationships with other suppliers to provide solutions to mostcustomer desires and do it at an affordable price.We were now fully operational, with advanced machinery for and highcompetence in: hot rolling, forging, cold drawing hot die steel, cold die steel, plastic mold steel, carbon steel machinery, mechanical alloy steel, high speed tool steel, and more.It was an exciting time, and we had only just begun our expansion. Gaining confidence, going globalOn April 12, 2009 we took our company international. After gainingsuch momentum, solid relationships and a reputation to be proud ofin the domestic market, we knew the time was right to take ourservices and products to the rest of the world.Working with countries such as Mexico, Colombia, Brazil, Turkey,Argentina, Dubai, Saudi Arabia, Algeria, Syria, Iran, Egypt, thePhilippines, Indonesia, Malaysia, Singapore, Vietnam, India ourannual revenues began to exceed $25,000,000 and we began to focusintensely on the South East Asian, Latin American and MiddleEastern markets. Our Success FormulaWe are not the biggest company in China, and we firmly believe thisis our advantage. By maintaining our original roots as a family-runbusiness, we pay attention to every single customers desires andrequirements and make sure they are met with precision and speedevery time.Our network is wide, and we are able to choose the right mills atthe right time for our customers. We can make decisions quickly andpride ourselves on the high standard of our customer service,service delivery and customer satisfaction! Our Otai Special Steel Motto is: Going beyond myself, to make the team stronger!
