Resource Tycoon Reborn

Chapter 8 Pretense or Catalyst

Chapter 8: Cover or Catalyst

In fact, the call lasted only five or six minutes, but in Fernan's mind, it seemed as long as half an hour. When Fang Mingyuan walked out of the house with an apologetic look on his face, Fernan and Agasha got up.

Farewell.

Looking at Fernand's figure as he hurriedly entered the car, Chen Zhong, who was following him, said strangely: "Why do I think Mr. Jacobs left in such a hurry?" Fang Mingyuan laughed twice, but

Didn't answer.

In fact, Fang Mingyuan knew very well why Fernan was like this. Fernan was confused by one of his little tricks.

The call was actually arranged by Fang Mingyuan before meeting Fernand, and was called by the Hong Kong side at this time. Then Fang Mingyuan would chat casually with the other party in English for a few minutes, and would intentionally repeat Bethlehem Steel loudly several times.

company.

Fang Mingyuan didn't expect such a little trick to really have any effect. With Fernan's ability, maybe he could find out quickly. So far, the Fang family has not had any formal contact with Bethlehem Steel Company. However,

, maybe Fernan will never be able to determine whether Bethlehem Steel Company has contact with the Fang family through some channel. Anyway, whether Fernan can confirm this matter, it will give him a sense of oppression, making him understand that now

The initiative in this matter is in the hands of the Fang family!

Of course, the matter of contacting Bethlehem Steel Company was not completely false. Because in Fang Mingyuan’s memory, Bethlehem Steel Company, a behemoth with a history of hundreds of years and once the second largest steel company in the United States,

In the near future, Bethlehem Steel will face the fate of being merged and acquired. He can't remember the specific year, but it should be the years at the end of the century or the beginning of the century. Before that, in order to avoid the bad luck of bankruptcy, Bethlehem Steel

The company's board of directors has sold many assets under the company's name to the outside world. These include steel plants, steel rolling mills, and even part of the shares of Brazil's United Minerals.

Speaking of the Brazilian United Mining Company headquartered in Bello City, Minas State, Brazil, many people may be unfamiliar with it. It is a mining company integrating mining, mineral mining, commercial trade and logistics. Its main business is iron and steel.

Ore exploration and trading. Brazilian Consolidated Mining Company has its own mines in Brazil. It is the second largest mining company in Brazil and the fourth largest mining company in the world. It is second only to Vale, Rio Tinto and Rio Tinto in terms of iron ore sales.

BHP Billiton.

In the next century, 30% of the annual output of Brazil's United Mining Company will be provided to Chinese steel companies.

So for Fang Mingyuan, the shares of Brazil United Mining are more important than the steel mill! If these shares can be acquired from Bethlehem Steel Company in time, then Brazil United Mining will have its own voice in the future.

Right. After having a breakthrough, Fang Mingyuan is confident that he will take advantage of several international economic turbulences in the future to gradually occupy more shares in Brazil's United Mining! This will be of great benefit to China, which will need to import a large amount of iron ore from Brazil in the future.

That said, it is undoubtedly of great significance.

Therefore, when Fang Mingyuan decided to set foot in the Chinese steel industry, he had been paying close attention to the current situation of Bethlehem Steel Company. Although it is extremely unrealistic to fully acquire Bethlehem Steel Company, due to historical reasons, in the United States,

The remuneration of unionized steel industry workers, including benefits and insurance, is 30% to 40% higher than that of other manufacturing workers in the United States. This problem has not only caused the labor costs of the U.S. steel industry to be too high, but also extremely high.

This has greatly weakened the competitiveness of the U.S. steel industry in the world, and has also created strong resistance to the structural adjustment of the U.S. steel industry - U.S. steel workers who are accustomed to high wages look down on jobs in other industries!

In fact, since the 1970s, the U.S. government has implemented a series of protective measures for imported steel in order to support the country's steel industry. However, despite the U.S. government's support in every possible way, since the 1980s, due to high production and labor costs and low productivity, the U.S.

The steel industry is still deteriorating. U.S. steel companies have actually lost their competitiveness. However, due to the special status of the U.S. economy in the global economy, the U.S. steel industry still has a position that cannot be ignored in the world's steel industry.

There were once steel giants who wanted to swallow up the Bethlehem Steel Company, which was on the verge of extinction, but in the end they had no choice but to give up. The big reason was that at that time, Bethlehem Steel Company had two employees.

There are more than 10,000 people, but the number of people receiving pensions from the company is as high as 310,000. Such heavy labor costs make the other party quit in spite of difficulties.

Fang Mingyuan certainly does not think that he can do what the world's steel giants have done and quit, but it is not difficult to gain some benefits from the decline of Bethlehem Steel Company. It is just the most difficult thing for Bethlehem Steel Company to retreat from.

Time is still a few years away from now. Water from a distance cannot quench the thirst of the people nearby. Now we can only use it as a cover to scare Fernand.

It was said that he was trying to scare Fernan, but Fernan who was sitting in the car did not think so. Naturally, Fernan had a better understanding of the current situation in the world's steel industry than Fang Mingyuan.

The oil crisis that began in the mid-1970s has caused many industries in developed countries around the world to devote themselves to reducing product energy consumption and costs.

The steel industry, which is a large energy consumer, is naturally no exception. The industrial maturity of developed countries has transformed the market's quantity demand for steel products into quality demand and low-price competition. This has resulted in the world's crude steel situation from the mid-1970s to the present.

The total annual output is stagnant. The output of developed countries continues to decrease, while the output of developing countries continues to increase rapidly. The pressure to reduce costs has forced the giants of the world's steel industry to adjust their own structures.

On the one hand, they are constantly transferring backward production capacity to developing countries, or simply letting them withdraw from the stage of history; on the other hand, they are also actively preparing for reorganization and mergers and acquisitions. This is the case in Europe, the United States, and Japan.

Therefore, Fernand's emphasis on Fang Mingyuan's trick actually far exceeded Fang Mingyuan's original plan. It was precisely because Fernand knew that Bethlehem Steel Company did have the possibility of selling and transferring its steel plants to external parties.

!

So the situation quickly developed at a speed beyond Fang Mingyuan's imagination! (To be continued. If you like this work, you are welcome to vote for recommendation at ***(***.***),***, you

Your support is my greatest motivation.)

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