China Gengsheng Minerals Announces Sales Price Increase To Nine Steel Companies

China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperatures, and used in the steel and oil industries, has announced that it has obtained an average increase of 55% in prices for nine "full-service" customers in the steel industry from July to September 2008.

The company provides "full services" to China's steel mills in the form of refractory product installation, testing, maintenance, repair and replacement. Full-service customers contributed 42.1% of the company's total sales in the first six months of 2008, compared with 38.3% for the full year 2007.

Shunqing Zhang, chairman, president and CEO of Gengsheng stated that being able to raise the prices for refractory services is a key strategy in times of economic slowdown.

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One thought on “China Gengsheng Minerals Announces Sales Price Increase To Nine Steel Companies

  1. Do you manufacture super duty silica bricks (SDS) for use in the glass industry? please provide the data sheet of products and prices of standard SDS bricks CIF Chennai in continer load consignments.looking forward to hearing from you
    amrik singh
    managing director
    RGC Consultants
    23 Hemkunt Colony, 2nd floor
    New Delhi 110048, India

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