Resource Tycoon Reborn

What puts even more pressure on Mitsui & Co. is that Fang Mingyuan has established a complete industrial chain from iron ore mining to transportation to smelting to application. This makes this series of companies under the Fang family extremely capable of resisting external pressure, and these

Enterprises, the Fang family has all realized its own control or jointly controlled with the Guo family, which makes it impossible for outsiders to defeat them even from the inside. Moreover, not to mention that these enterprises are now very profitable, there is the second largest company in the Gulf

The existence of banks and Hong Kong Kumho Film Group Corporation, two core enterprises with extremely strong funding capabilities, has also made it possible that their capital chains have never been broken. Yushan has not seen the Japanese consortium's influence from these enterprises under the Fang family.

Shadow, but he also had to admit that Fang Mingyuan had stronger control over these companies under his control. He had the controlling rights and ensured that the operations and development of these companies must obey his will!

In fact, not only Mitsui & Co., Ltd. is feeling the pressure, but other consortiums in Japan are also feeling the pressure, and this is especially true for the three major mining companies. Although, in terms of overall strength, Haiping Mining Company and MM Company controlled by the Fang family

It is still far behind the three major mining companies, but in terms of iron ore alone, Haiping Mining Company and MM Company are already qualified to negotiate at the table, and even have the ability to disrupt the situation.

The three major mining companies have all tried to contact the Fang family, hoping that they can join forces to maintain the high level of iron ore prices. However, Fang Mingyuan's reaction to their attempts to win over can only be described as indifferent. Fortunately, the previous few iron ore

During the iron ore price negotiations, neither Haiping Mining Company nor MM Company did anything to disrupt the situation. Of course, at that time, the iron ore output of these two companies was not as impressive as it is now.

The iron ore price negotiations are about to begin again in the new year, and the iron ore output of Haiping Mining Company and MM Company has increased significantly. In addition, Hong Kong Baifusheng Investment Company has become Katsk Metal Group

Of course, it is not difficult for them to understand that almost 64% of the shares of Hong Kong Baifusheng Investment Company are in the hands of the Fang family and the Guo family. This means that in the future, Fang Mingyuan will control the iron ore output.

There will be potential for continued improvement.

Moreover, when the Chinese government was rectifying the import qualifications of steel companies that import iron ore, Liaoning Iron and Steel Group Company actively contacted China's domestic steel companies, which made them feel a little uneasy. Liaoning Iron and Steel Group Company is China's third largest steel company.

It is a major steel company, the largest private steel company, and a founding member of the Special Steel Association. Its influence is so great that it is even more influential than many large state-owned steel companies.

Although the continued price increase of iron ore is undoubtedly a good thing for Haiping Mining Company and MM Company, they can obtain more profits. Moreover, this price increase is more difficult for Liaoning Iron and Steel Group Company to digest than

It is easier for other domestic steel companies in China and they can make more profits, which puts Liao Iron and Steel Group Company in a more advantageous position in China's domestic steel industry. But they always feel that this time, the Fang family may have to go out of business.

What a variable. Mitsui & Co., Ltd. tried to contact Fang Mingyuan this time. Although it was out of their own position, it actually represented the intention of the three major mining giants.

The reason why Mitsui & Co., Ltd. did not come forward directly was because in the original purchase of rare earths, although it eventually purchased rare earths from Huaxin Mining, Mitsui & Co., Ltd. and the Fang family were not happy. Over the years, although Mitsui & Co.

Purchasing rare earths from Huaxin Mining also tried every possible means to acquire more rare earths from other rare earth production companies in China through various channels. This of course harmed the interests of Huaxin Mining. However, as other countries have successively launched rare earth

Mining, Mitsui & Co.'s demand for China's rare earths has gradually decreased.

Moreover, Mitsui & Co., as well as many companies under the Mitsui Zaibatsu, have more or less had conflicts with companies under the Fang family in the same field, either openly or covertly, and there are also some methods that are not on the table.

Many of the shareholders of the Mitsui Zaibatsu and its affiliated companies have secret financial support for Japanese right-wingers. Fan Mingyuan's position is obviously opposed to them. Japanese right-wingers have often stumbled upon Fan Mingyuan and lost face.

The death of veteran Toshiro a while ago made them quite passive by Fang Mingyuan. Therefore, Iwata Masaichi stepped forward to test Fang Mingyuan's attitude first, and then consider how to persuade Fang Mingyuan next.

Masao Iwata knelt on the ground, his forehead already touching the ground. As the head of the iron ore department of Mitsui & Co., he had some responsibility after all.

"Iwata-kun, get up, this matter is not your fault alone." Tamayama said without waving his hands, "It's not just us. Mitsubishi and Sumitomo are also the same." The Japanese consortium's infiltration of the three major mining companies is not

Only Mitsui & Co., Ltd. is doing this, and the Mitsubishi Consortium and Sumitomo Consortium are also doing it. If we carefully count the shares of the three major mining giants, capital from Japan accounts for a considerable proportion. This is why when reading books, every new

Japan Railway Company will simply accept the important reason for the increase in iron ore prices of the three major mining companies. The losses outside the embankment will be compensated within the embankment. In the end, Japan will be able to receive high dividends from the three major mining giants, and at the same time, it can also crack down on

China's steel industry has raised the production costs of China's steel companies.

In the past few years, the three major mining companies have made huge profits from the rapidly growing iron ore trade in China, making them a lot of money. Capital is greedy, and the three major mining companies continue to expand iron ore mines.

On the other hand, they are also planning to earn greater profits from China in the new year. Regarding their idea, Mitsui & Co., Ltd. are naturally happy to see the results. But China

The reaction also made them somewhat worried.

What if the Chinese government transfers the right to import iron ore to a few large agent importers and uses China's monopoly to correspond to the iron ore trade monopoly of the three major mining companies? The steel industry in the United States and Europe has declined.

, and since domestic scrap steel can already meet most of the steel demand every year, the amount of iron ore imported is not large. For example, last year, more than 70% of the national steel demand in the United States was met by smelting scrap steel.

If Japan had not exported a large number of steel products and related products, its demand for iron ore would have already dropped to less than 30% of total domestic demand. Only China, due to the rapid development of infrastructure and real estate industry in recent years,

With the prosperity of the country, there is a huge demand for steel products, which also makes the domestic steel industry flourish.

In 2005, China imported 280 million tons of iron ore. However, the global iron ore production that year was only 1.3 billion tons, of which the global sea trade volume of iron ore was 650 million tons.

The top three countries for ore are China, Japan and South Korea, with 280 million tons, 140 million tons and 0.5 billion tons respectively. China alone accounts for 100% of the global sea trade volume of iron ore.

Forty-three! Although 2006 has not yet passed, from the information they have learned, the amount of iron ore imported by China this year will definitely exceed 300 million tons. Considering the iron ore production in Japan and South Korea,

There has been no major fluctuation in the import volume of iron ore, which means that China’s iron ore import volume may account for half of the global iron ore sea trade volume. However, China Iron and Steel Industry accounts for half of the global iron ore sea trade volume.

.But it has absolutely no pricing power for iron ore. It can only follow the footsteps of Japanese steel companies and passively accept iron ore prices. This has to be said to be a irony.

But! If the Chinese steel industry can be integrated and work together to collectively fight against the rise in iron ore prices, the three major mining companies will also have to carefully consider the negative impact if the talks between the two parties collapse. The three major mining companies want to squeeze

The best interest is not to make both sides suffer. But after getting the first-hand information from Masao Iwata, Yushan no longer worried about this situation happening. The biggest variable at present has become Liao Iron and Steel Group Company.

"Iwata-kun, judging from the information you provided, mm Company and Haiping Mining Company have a total iron ore production capacity of 120 million tons. Except for part of it being supplied to Aselokki Group Company, basically all of them are

It can be shipped to China. This means that mm Company and Haiping Mining Company can meet nearly one-third of China's domestic iron ore needs next year?" Mengxiong Jinnai is not familiar with the iron ore trading business.

"Hi!" Iwata Masao said. Jinnai Mengxiong couldn't help but have a headache. It can meet nearly one-third of China's iron ore demand. When it comes to iron ore prices, Fang Mingyuan can be said to have a considerable say in it. No wonder

The three major mining companies and Yushan did not pay so much attention to Fang Mingyuan, who was already fully capable of disrupting the situation!

"In accordance with international iron ore pricing rules, the world's mainstream iron ore suppliers negotiate with their major customers to determine the iron ore price for the next fiscal year. Once the price is determined, both parties will implement the negotiated price within one year. Iron ore

When either party on the ore demand side and any party on the iron ore supplier reach an agreement on the price, the negotiation ends, and both international iron ore supply and demand parties accept this price as the price for the new fiscal year. In this way, is it Liao Province?

Steel Group Corporation, MM Company, and Haiping Mining Company have also reached this standard?" Yushan did not ask Masao Iwata.

"Chairman. Theoretically, this standard has indeed been met. But in reality, the representative of Huaxia Iron and Steel Enterprises in negotiations with iron ore suppliers has always been Haibao Iron and Steel Group Company. Although Liao Provincial Iron and Steel Group Company

It is the largest steel company in China in terms of steel production capacity, but it cannot represent China's steel companies, so it is not qualified to represent it. Although the total production capacity of mm Company and Haiping Mining Company has reached 120 million tons. However, at present, these two companies

They are still independent companies. Such a company can barely be regarded as a mainstream iron ore supplier. Now what we are most worried about is the merger of MM Company and Haiping Mining Company. Then it can be completely regarded as a mainstream iron ore supplier.

.”

"If it reaches an agreement with the Aselokki Group Company, will it also comply with the rules?" Jinnai Moxiong asked.

"If mm Company agrees with the Aselock Group on price, theoretically, it is in compliance with the rules." Masao Iwata said solemnly, "However, the Aselock Group has always been in agreement with the three major mining companies.

It has signed a long-term procurement contract with the company, and if the amount of iron ore it purchases from MM Company is too small, it will not comply with the rules. Although Fang Jun owns a part of the shares of Aselock Group Company, it is not enough.

Influence the decision of Aselokki Group Company."

"Oh!" Jinnai Mengxiong nodded, "But it doesn't seem difficult for mm company to merge with Haiping Mining Company. Didn't you say that Fang Jun's shares in these two companies have reached an absolute

Holding?”

"If the company and Haiping Mining Company want to merge, the difficulty will not be at the company level, but at the level of the Brazilian government and the Australian government. Unless the two governments prevent the merger, otherwise, for Fang Jun

, All he needs to do is make up his mind." Masao Iwata said helplessly.

"I think you don't have to worry too much about this in the short term. Even if two companies want to merge, it is impossible to get approval from the two governments quickly. Haha, don't forget our friends, in the two governments

The influence is still very large." Yushan Jingwei said with a chuckle. The three major mining giants will not let their competitors grow easily. Now is not the time of the financial crisis in Southeast Asia. Today's three major mining companies

The company still has sufficient funds and enough energy to intercept.

"In this way, in the short term, MM Company and Haiping Mining Company should have little impact on the new round of iron ore price negotiations, but in the long run, it will be a problem." Jinnai Mengxiong said with a sigh of relief. Mitsui

A considerable chunk of the current profits of property companies come from the three major overseas mining companies.

"That should be the case, but we still can't figure out why the Liaoning Iron and Steel Group Corporation has been in frequent contact with many Chinese steel companies recently." Yushan said after pondering for a moment, "Iwata-kun, regarding this matter

We must investigate the matter clearly, I always feel that there must be something wrong with it."

"Hi!" Masao Iwata responded, "I'm going to ask them to step up their investigation and find out as soon as possible." This incident also made him a little uneasy. There is no way that Liao Provincial Iron and Steel Group Company did this without a purpose.

(To be continued.)