>>1942188yes its the frame
Fuji VALite 414 single butted
after some quick googling its apparently carbon manganese steel with some vanadium and aluminium
as for its description the mid 1980s catalogue says "ask your local fuji dealer"
but it seems to be an upgrade from High Tension 1020 steel and a legit attempt at providing an affordable product with some redeeming quality's
kind of reminds me of
https://en.wikipedia.org/wiki/Mangalloy