Chapter 662 3 billion tons of iron ore
Yang Xing smiled and said, "Actually, I invited everyone to find an idea to solve the problem that domestic steel companies will be restricted by importing iron ore for a long time in the future and are at a disadvantage in the iron ore negotiations. Previously, Mr. Rong and I worked together to acquire mines in Australia, build terminals and railways, in order to break the situation where Rio Tinto and BHP Billiton, Australia's "two expansions" monopolize local iron ore exports. Although we have achieved a little, we are still weak."
"But now there is a great opportunity to break through. I can tell you a good news first. I hope it can be kept confidential for the time being. We detected a super-large iron ore in the Pilbara area not long ago, with an estimated reserve of up to 3 billion tons!"
You Sihai and Wenyu almost jumped up after hearing this. You should know that the iron ore production in Western Australia is only 100 million tons. If Yang Xing's words are true, this iron ore alone can feed the appetite of domestic steel mills for several years, which is undoubtedly a fatal blow to the monopoly of the two-dang.
Fmg Company, which was established in 2003 in history, discovered this huge iron ore in the blank area between the two major companies' mining areas under Liangtuo's noses, and with the mine, it quickly grew into Australia's third largest iron ore merchant. Later, in order to break the monopoly position of Liangtuo and Brazil's Vale giants in iron ore negotiations, domestic steel mills also took the initiative to sign long-term contracts with Fmg Company, hoping to increase negotiation chips in this way, but it was too late to take action and several efforts still failed to restore the unfavorable situation.
But it's different now. At this time, the game between domestic steel mills and the three giants has just begun. If domestic capital can control this huge iron ore at this time, if they can succeed, the offensive and defensive alliance of the three giants will automatically collapse. You Sihai and Wenyu were so excited that their hands trembled a little. The frustration just now was swept away, and they felt that it was a bright and bright village. Looking at Yang Xing's eyes became more and more different, especially You Sihai felt that the forces behind him wanted to make this young man more good. He was so lucky that he discovered such a large iron ore as soon as he tried, but his vision was indeed long-term. He actually made a layout in Australia a few years ago.
"When I first developed the Pilbara iron ore, I told Mr. Rong that we could not take down such a large plate, so we invited private capital from several provinces in Jiangsu, Zhejiang and Fujian to intervene. Now the tens of million-ton steel mill in Sanduao is being built, and the Yangpu steel mill is also starting construction soon. If this news is released at this time, it will ensure that more private capital can be attracted. I just want the National Strategic Resources Administration and the China Iron and Steel Association to coordinate, let everyone join forces to invest, break the traditional three-to-three iron ore negotiations, and let the company developing this mine become the fourth giant!"
Wen Yu and You Sihai both heard this and were lit up. Yes, the world iron ore negotiation mechanism has been formed in the old calendar decades ago. Japan and European steel mills have long-term investment cooperation relationships with iron ore manufacturers. Most of the price increases are left and right. This is inherently in a weak negotiation position for Chinese steel companies that participated later. Since it is difficult to overturn the table and start another game for the time being, it is better to attract more players to participate together. This is much better than setting the rules for a few people.
You Sihai considered it and raised his own question: "I listen to your opinion. It seems that I don't like to invest in domestic large steel mills. If you are so active in attracting private capital, why don't you directly let several large steel mills participate in it? They have sufficient strength and large procurement volume. Isn't this the best of both worlds?"
Yang Xing shook his head and expressed his objection: "Why did I invite you instead of directly looking for those big steel mills? I just don't want this matter to be too heavy for state-owned enterprises. The top ten steel mills in China have their own import channels internally. Whether they import iron ore or use their own iron ore, they are much better than private enterprises. There is no need to add icing on the cake. Instead, they can help private enterprises in time and make people remember you. It's okay."
"What's more, Mr. You said that Japanese companies like Mitsui Products have been involved in domestic large steel mills for a day or two, so don't make wedding clothes for the Japanese at that time. State-owned steel enterprises are taxpayers and industrial bases in various places. The upper-level personnel arrangements are very heavy, unlike companies and government departments. What if they are allowed to participate in the stake and do the exclusion of politics above the economy?"
This was very heartbreaking, but it was indeed a sharp attack. You Sihai wanted to argue. Yang Xing raised his hand and continued: "The other fundamental problem is that this iron ore is in Australia. After all, we must consider the prejudice of the capitalist government towards Chinese state-owned enterprises." You Sihai opened his mouth to refute, but finally couldn't say anything.
Although China joined the WTO at the end of last year, it does not mean that Western countries think that China has become their kind. Many foreigners see that Chinese state-owned enterprises are directly equated with the arms consortium of the Soviet era, and believe that state-owned enterprises are secret thieves sent by the government. In this case, foreign countries are very vigilant about the acquisition of Chinese state-owned enterprises for their own enterprises and resources. //The fastest text update is no ads//
Australia's iron ore is almost the same as the country's economic pillar. If domestic steel mills are found to be involved in the 3 billion tons of iron ore, it is probably not necessary to lobby the two governments, and the Australian government will ban it on the grounds that it is related to national security. On the contrary, if Xingwei Resources and the China-Change Group are the core, attract a large amount of domestic private capital and then disperse some investment to attract overseas investors, this is a normal business behavior in the eyes of foreign governments, and the resistance will be much smaller.
You Sihai also thought of the other hand, in the past foreign ore negotiations, the China Iron and Steel Association always tried hard to persuade steel mills across the country to coordinate and attack the outside world, but found that people always sneaked away and quietly bought foreign spot iron ore at high prices. In addition to having no overall view, it is mainly because domestic steel import indicators have been controlled for a long time in the hands of state-owned enterprises with solutions, and they have a lot of skills and high output. They always suppressed private steel mills in the iron ore import negotiations. Now, letting private capital invest in Australian iron ore is a fair competition.
He couldn't help but think that he had a long talk with Sheng Wenyuan, chairman of Jiangsu Shagang, a famous domestic private steel entrepreneur. At that time, Sheng Wenyuan lamented that the operating level of domestic private steel mills is not inferior to that of state-owned factories, and they have great technical pursuits. He once acquired a steel mill in Germany's Thyssenkrupp Steel Company. After dismantling it, he transported it back to China from thousands of miles away. He restored the details of the factory almost brick by brick in China. Even the Germans were surprised by this and even made a special documentary to celebrate it.
However, an important reason why private steel mills have never been able to surpass state-owned steel mills is the serious inequality at the starting line, especially in the supply of raw materials. Although the sales have been marketized, the domestic system still retains serious planned economic remnants in iron ore procurement, and has been unable to compete with Baosteel and others in terms of output and high-value-added products. Sheng Wenyuan is very dissatisfied with this. If he can get the iron ore of Yang Xing and Rong Mingyou, he will probably be more confident to compete with the boss of the country.
You Sihai's silence was seen in Wen Yu's eyes, and he knew that he had been persuaded by Yang Xing. He was different from You Sihai and he was happy to see private capital entering the steel industry and breaking various monopolies at home and abroad. And Yang Xing came to him, in addition to the iron ore involved national strategic resources, it must also be related to the news that the State Council was about to rectify the steel industry not long ago.
The central government has not unaware of a series of negative situations brought about by the rise of the new "large-scale steelmaking" in China. Last year, the National Development and Reform Commission publicly warned the rapid growth of steel production capacity, resulting in excessive mining and random mining of mines, damage to resources and ecological environment, and frequent problems such as pollutant emissions.
In addition, in recent years, a considerable part of the funds in new steel projects come from bank loans. Once market demand changes and product prices fall, it will lead to a decline in corporate efficiency or even bankruptcy, thus forming new non-performing assets of the bank, which may lead to a large-scale laid-off and unemployment, and forming new unstable factors. Whether it can effectively curb excessive investment in steel and other industries has become an outstanding task in current macro-control.
It is estimated that the fixed asset investment in the steel industry this year reached 70.4 billion yuan, an increase of % over the previous year. In 2003, which was approved by the National Development and Reform Commission, the investment increased by 100 billion yuan. Now the country is extremely strict in the approval of the new major steel projects. Wen Yu received instructions before coming. Given the successful experience of the National Strategic Resources Administration in integrating the rare earth industry, some people suggested that the National Strategic Resources Administration should come forward and copy its successful experience to the steel industry.
Yang Xing suddenly revealed that he had discovered 3 billion tons of iron mines in Australia. Sima Zhao's intention was too obvious when contacted by his construction of steel plants in Sanduao and Yangpu. But Yang Xing's next words made him realize that his situation was still too small, and underestimated the ambition of this young man worth over 10 billion US dollars less than 30 years old.
"You have heard of the world's largest steel company, Arcelo, which is composed of three major European steel companies this year. They are all century-old brands and can also elect large companies that represent Europe in the global iron ore negotiations. You said that if I can pick this crown gem, then I can not only add chips to the iron ore negotiation table, but also obtain advanced steel smelting technology. In ore material selection, environmental protection and energy saving, and production of high-value steel, are of great help to enhance domestic steel smelting water, right?"
You Sihai and Wenyu were stunned and didn't know what to say. As the cradle of the industrial revolution, Europe has countless famous steel companies, laying a solid foundation for the takeoff of European industry. However, with the rise of the Asian economy after World War II, the center of the world's steel has moved east to Asia. Especially in recent years, the rapid development of the Sino-Indian economy has led to a rapid increase in steel production between the two countries. Faced with the situation where low-priced steel in Asia impacted the international market, European steel mills went bankrupt one after another, and the rest were to form formations to protect themselves and unite to compete, so the emergence of Aselo Steel Company.
I was busy buying a house yesterday, so I delayed a chapter and quickly added it today. I am really sorry!
Chapter completed!