China Gengsheng Minerals, Inc. Wins $2 Million New Refractory Product Contract with a Chinese Steel Mill

China Gengsheng Minerals, Inc. (OTC Bulletin Board: CHGS) ("Gengsheng" or "the Company"), a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has signed a new full-service contract for refractory products with Hebei Wenfeng Iron and Steel Co., Ltd. ("Wenfeng") in Hebei Province. The total value of the contract is approximately $2 million per year, based on the current estimate of Wenfeng's production….more at MSN Money