ORGANIZATION AND NATURE OF OPERATIONS (Tables)

9 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule of Subsidiary of Limited Liability Company or Limited Partnership, Description [Table Text Block]

As of March 31, 2013, Sutor’s subsidiaries and affiliate included the following entities:

Name of subsidiary	Date of incorporation/ acquisition	Place of incorporation	Percentage of shareholding		Principal activities
Sutor Steel Technology Co., Ltd. (“Sutor BVI”)	August 15, 2006	British Virgin Islands	100	%	Investment holding
Changshu Huaye Steel Strip Co., Ltd. (“Changshu Huaye”)	August 28, 2003	PRC	100	%	Manufactures of hot-dip galvanized steel (“HDG”) and pre-painted galvanized steel (“PPGI”)
Jiangsu Cold-Rolled Technology Co., Ltd. (“Jiangsu Cold-Rolled”)	August 28, 2003	PRC	100	%	Manufacture of cold-rolled steel, acid pickled steel and hot-dip galvanized steel
Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., Ltd. (“Ningbo Zhehua”)	April 5, 2004	PRC	100	%	Manufactures heavy steel pipe
Sutor Technology Co., Ltd. (“Sutor Technology”)	February 24, 2010	PRC	100	%	Trading of steel products
Ningbo Taixiang Investment Co., Ltd. (“Ningbo Taixiang”)	October 19, 2012	PRC	100	%	Investment
China Railway Materials Suzhou Company Limited (“CRM Suzhou”)	August 10, 2012	PRC	39	%	Metal materials business