Fushi Copperweld, Inc. (Nasdaq: FSIN)

ROTH OC Conference 2009

Safe Harbor Statement

Except for the historical statements made herein, the statements made in

this presentation are forward-looking statements that could cause actual

results to differ materially from those projected in forward-looking

statements include, but are not limited to, general business conditions,

managing growth, and political and other business risks. All forward-

looking statements are expressly qualified in their entirety by this

Cautionary Statement and the risks and other factors detailed in the

Company’s reports filed with the Securities and Exchange Commission.

Fushi Copperweld, Inc. undertakes no duty to update these forward-

looking statements.

Fushi Copperweld – Who we are

• World’s largest manufacturer of bimetallic wire; principally copper-clad aluminum and copper-clad steel

• Operate through wholly-owned subsidiaries Fushi International (Dalian), based in Dalian, P.R.C., and Copperweld Bimetallics LLC, based in Fayetteville, Tennessee. Over 100 years of operations.

• Exclusive worldwide rights to proprietary cladding technologies through 2015

• Global sales network serving over 60 countries in North and South America, Europe, Africa, and Asia.

• Manufacturing facilities in Dalian, P.R.C., Fayetteville, Tennessee, and Telford, England

• Market share leader in Asia, North America, and Europe

• Nasdaq Global Select.……………………………………………………….FSIN

• Price (Feb 13 2009)….…...…………………………………………….. ….$5.11

• Market Capitalization……………………………………...….....$145 million

• Fully Diluted Shares Outstanding………………………….28.506 million

• 2007 Revenues (FY end December 31)…..……….........$128.2 million

• 2007 EPS…………………………………………………….……………..…….$1.08*

• FY08 EPS…………..…………………………………………………$1.03 - $1.13**

Our business

Market reach

Key metrics

*Encludes $0.11 million tax-loss carry forward- **EPS excludes $0.08 litigation accrual

Company Highlights

Market Leader

Brand & Technology Dominance

Margin increase

Growth Potential

• Leading designer, developer, manufacturer, and innovator of copper-cladded bimetallic products in all major markets throughout the world.

• Copperweld is the single most recognized brand in the bimetallicsindustry worldwide.

• Focus on expansion within and into new, higher-margin products, applications and markets through investment into new machinery and R&D.

• Strong array of bimetallic products used in growth-oriented sectors of global economy

• Copperweld’s underutilized CCS and CCA lines will relocate to Dalian and significantly expand Fushi’s product offerings and capacity.

the power of two

Increased capacity

Bimetallics vs. Pure Copper

• Copper prices have risen dramatically— 97% since 2003*. Bimetallic wire offers greater value than pure copper in many industrial applications.

• CCA yields up to 2.7 times more wire length by weight than traditional solid copper wire.

• CCA has the same utility and functionality of pure copper and can be up to 65% cheaper.

• Pure copper wire is at risk for theft. The higher tensile strength of CCS and lower scrap value of aluminum and steel makes bimetallic wire significantly less valuable to thieves. Also, it is virtually impossible to separate the copper cladding from the core metal.

Cost benefits and technological advantages of bimetallics

*Source: New York Commodities Exchange (COMEX) high-grade copper trading prices January 2003 - January 2009

Applications of Bimetallics

Each category below can serve as a significant revenue driver. Shown are area percentage of sales.

Expansive Global Distribution

• Both Fushi and Copperweld are worldwide brands with a sales presence in over 60 countries. In the first quarter 2008 we served roughly 400 customers in 30 countries from our facilities in Dalian, PRC; Fayetteville, Tennessee; and Telford, U.K.

Net sales breakdown by region Q1-Q3’08:

DalianTelford

Fayetteville

Targeted Growth Markets

Telecommunication

Transportation

Electrical Power Utilities

Electrical Wire and Cable

Top Five Customer Breakdown

Q1-3/2007

Top Five Customer Breakdown

Q1-3/2008

Fushi’s Strong Financial Performance

*Copperweld Bimetallics LLC, acquired Oct. 29, 2007. All figures are in millions of USDs

Revenue CAGR = 56.1% — EBITDA CAGR = 52.2%

*

*

*

Fushi Key Financial Metrics

Net Income Growth (in millions of USD) Gross Margin %

EBITDA MarginSG&A as % of Sales

* Copperweld Bimetallics LLC, acquired Oct. 29, 2007 — ** Net Income Includes $2.1 million litigation accrual

EPS Growth

0.50

0.84

1.08 1.13

0.0

0.5

1.0

1.5

2.0

FY05 FY06 FY07 FY08 Guidance

YoY Growth

-

(in $ per share)

*Excludes $0.11 tax-loss carry forward- **EPS excludes $0.08 litigation accrual

* **1.03 -

Strong Balance Sheet

September 31, 2008

(Unaudited)

December 31, 2007

Cash 50,043,410 79,914,758

Accounts Receivable 50,018,459 23,611,186

Inventory 20,444,709 12,308,295

Plant and Equipment 107,816,898 87,228,600

Total assets 294,616,554 246,468,617

Current Liabilities 43,542,897 33,665,563

Long-term Liabilities 45,305,993 68,515,396

Capacity Expansion

*Estimated annualized capacity and actual YTD production, FY08

92.63%96.56% 93.77% 82.83% 60%

Utilization % (Output/Capacity)

4,800 4,446

8,400 8,111

12,000 11,152

26,000———CCA:

22,650

CCS:3,350

21,536———CCA:

19.936

CCS:1,600

63,500———CCA:

46,400

CCS:17,100

28,366———CCA:

22,331

CCS:6,035

DalianDalian FayettevilleFayetteville Fayetteville Fayetteville Dalian Dalian

– 27,600 MT of installed annualized CCA capacity at onset of 2008

– Additional 6,000 MT installed in Q1’08 – 33,600 MT of annualized CCA capacity installed

– Ample facility space available for equipment transfer and future expansion

– 12,400 MT annualized CCA capacity

– 16,300 MT annualized CCS capacity

– Capital investment implemented Q4’07 to expand product line and address value migration trend

– Additional 4,100 MT of CCS scheduled to be added in 2009

– Phase I -6,000 MT of CCA cladding capabilities completed in Q1’08

– Phase II - 4,100 MT of CCS cladding capacity arrived in Dalian in Q4’08 and currently being installed

– Phase III - Additional 6,000 MT of CCA cladding capabilities scheduled to be operational in Q1‘09

Addressing Demand

Highly Experienced Management Team

the power of two

Chairman & CEO

Li Fu

President/CFO

Chris Wang

Mr. Fu is the Chairman and CEO of Fushi Copperweld, which he founded in 2001. Mr. Fu holds a degree in engineering from PLA University of Science and Technology. Under his leadership, Fushi has experienced phenomenal growth.

Wenbing Chris Wang has served as CFO of Fushi Copperweld since 2005 and President since January of 2008. Mr. Wang has worked for Redwood Capital, China Century, and Credit Suisse First Boston. Mr. Wang holds an MBA from the University of Rochester. Mr. Wang was named one of the top ten CFO’s of 2007 in China by CFO magazine.

EVP, Chief Operating Officer

Dwight Berry

Dwight Berry oversees Fushi Copperweld's sales, R&D, and manufacturing operations at all locations wordlwide. Mr. Berry has 15 years of direct CATV/wire and cable experience and over 20 years experience in manufacturing management. Mr. Berry's education includes a B.S. from Mississippi College and the Wharton Financial School at the University of Pennsylvania.

Company Highlights

Market Leader

Brand & Technology Dominance

Margin increase

Growth Potential

• Leading designer, developer, manufacturer, and innovator of copper-cladded bimetallic products in all major markets throughout the world.

• Copperweld is the single most recognized brand in the bimetallicsindustry worldwide.

• Focus on expansion within and into new, higher-margin products, applications and markets through investment into new machinery and R&D.

• Strong array of bimetallic products used in growth-oriented sectors of global economy

• Copperweld’s underutilized CCS and CCA lines will relocate to Dalian and significantly expand Fushi’s product offerings and capacity.

the power of two

Increased capacity

Contact Us

Investor contact

Beijing office

• Nathan AndersonDirector of Investor Relations & Corporate Development nanderson@fushicopperweld.com

• Fushi Copperweld, Inc.

TYG Center Tower B, Suite 2601

Dong San Huan Bei Lu Bing 2

Beijing PRC 100027

Tel + 139 1150 8107  

+1 931 652 2433

Thank you!

Appendix: Bimetallic Wire Basics

• We manufacture a composite wire in which copper strip is bonded to a solid aluminum or steel core

• CCA and CCS can be engineered to meet the electrical properties and functionality of copper wire

• CCS combines copper’s conductivity with the strength and stability of price in steel

• CCS high corrosion and fatigue resistance make it an ideal choice for grounding applications

• The ratio of copper thickness tothe core remains constant throughout the drawing process

• Bimetallics come in a large variety of sizes, conductivities and strengths

• CCA’s outer copper sleeve acts as an insulating layer for the aluminum, preventing oxidation

• CCA has become the industry standard for trunk & distribution, and cell-tower connecting cables

PRC Broadband Subscribers (in millions)

Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08

*Source: China Telecom, China Netcom

PRC Mobile Subscribers (in millions)

Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08

*Source: China Mobile, China Unicom