bonanza

Chapter 204 International Iron Ore Prices

A car was parked under the office building, and two people got out of the car. One looked about 40 years old, and the other looked about 50 years old.

Looking at the red carpet on the ground and the bustling crowds around, the younger man couldn't help sighing, "It's only been a few years of work, and it has developed like this. The future of Mr. Yang is limitless!"

The older man nodded and said nothing, but was attracted by a pair of stone lions at the door.

The two brothers belong to the group of people who got rich first in China, and they have more leisure time, especially because he is not in good health. The company is mainly taken care of by his brother. He likes to read some idle books for entertainment on weekdays, and he has a lot of research on ancient architecture.

This pair of stone lions has a simple shape and smooth lines.

The eight treasures of Buddha, hand gongs, castanets and other ancient musical instruments are carved on the base, and the cubs at the feet of the lioness are carved in a naive manner.

Even on the bottom Xumizuo, peonies, gardenias, chrysanthemums and other patterns are carved.

Especially the sash on the lion's body is a bit like "Girl Wearing a Veil". He just came back from abroad. This kind of craftsmanship has been seen in the countryside, and all foreigners should really come and see it.

"Brother, what are you looking at?" The young man found his brother looking at the stone lion at the door. "Is this good for the stone lion?"

"Very good, I didn't expect to see such a beautiful stone lion here!"

"Shouldn't the guy at the entrance of the company be released? Why did he release the right stone lion? Aren't you afraid to scare away the God of Wealth?"

"Pixiu can only go in and out, gathering treasures; lions can distinguish good from evil, and attract wealth." The older man smiled.

"I've only heard of the Lucky Cat, but I haven't heard of the Lucky Lion!"

"Look at these two stone lions, one with its mouth open, which means attracting wealth, and the other with its mouth closed, which means keeping wealth! One can only enter and one can't get out!"

"I remember those books you read, didn't it say that only officials can place stone lions?"

"There are no such rules now!"

"Mr. Liu, forgive me, forgive me! I kept you two waiting for a long time!" Yang Dongsheng greeted him.

"President Yang, you're being polite!" These two are brothers Liu Xingguo and Liu Xingbang.

Yang Dongsheng shook hands with the two, and when he touched Liu Xingguo, Yang Dongsheng was taken aback.

It's only September, and even a little exercise is the season to sweat all over. Liu Xingguo's hands are as cold as ice.

"Mr. Liu is in good health?"

Liu Xingguo waved his hand, "I'm sick, thank you Mr. Yang for your concern!"

Yang Dongsheng let the two of them into the building. He was in a hurry when he heard a click, and a book fell from Yang Dongsheng's pocket to the ground.

"Sorry!" Yang Dongsheng bent down to pick up the book, and patted the dust with his hand. It turned out to be a "List of Compulsory English Vocabulary for High School".

"Yo! Mr. Yang is learning English and is going abroad?" Liu Xingbang became interested.

"I was naughty when I was in school, and I was expelled for fighting in the first year of high school. After working, I found that my knowledge was not enough. Not long ago, I transferred my brother to another school, only to find out that his student status is still in school. I want to try next year's college entrance examination. See See if you can do it."

"What a coincidence, our Minmin will also take the college entrance examination next year!" Liu Xingbang said.

"Which university does President Yang want to go to?" Liu Xingguo asked.

"I am in the mining industry. If I can pass the exam, of course I want to be admitted to the University of Geology and Mineral Resources. The school is the counterpart and it is close to home, so it is convenient to take care of the business."

"I have something to do with the University of Geology and Mineral Resources. Mr. Yang can contact me if necessary!" Liu Xingguo said suddenly.

"Okay!" Yang Dongsheng agreed casually, thinking that he must have felt that he would not pass the exam.

In this era, the university has not yet expanded its enrollment, and Yang Dongsheng dropped out of school for a few years before picking up books to review again. No wonder they think so.

After sending the Liu brothers inside, Yang Dongsheng went to meet other guests.

As soon as the auspicious time came, Yang Dongsheng invited Secretary Zhao, Township Chief Liu, Instructor Lin, Yang Wu and others to cut the ribbon together.

After the ribbon-cutting, lunch was arranged at Haoyunlai Hotel on Yangma Street.

Yang Dongsheng toasted at the table, and said all the kind words, his cheeks were about to cramp.

All the way to the table of the bosses of the steel factory.

Yang Dongsheng gave a round of respect and was about to leave.

At this time, I saw a young man standing up holding a wine glass. He smelled of alcohol and didn't know if he was really drunk or not. He said to Yang Dongsheng, "Mr. Yang, now a ton of foreign iron ore is only a little over 20 US dollars. According to the exchange rate of 1 The U.S. dollar is only more than 5 yuan, and it is less than 150 yuan a ton, and the ore grade of others is not worse than yours, but you sell it for nearly 200 a ton, shouldn’t it be lowered a bit?”

Everyone in the room looked at Yang Dongsheng.

This guy is not lying. In the early 90s, affected by the economic downturn, the international iron ore price began to hover at a low level for more than ten years.

The price of lump ore in several major mines is as low as [-] dollars per ton.

At that time, several major iron ore giants took the initiative to invite Chinese iron and steel enterprises to cooperate in development, but our iron and steel enterprises refused, thus missing this excellent opportunity.

Of course, Yang Dongsheng didn't have an encyclopedia in his mind, so he didn't know these things, but since they publicly stated that a ton of foreign iron ore was only a little over $20, they probably wouldn't lie.

Yang Dongsheng is also a backer now, they dare not be tough, they can only be soft.

"Today everyone is here to congratulate, and we will talk about the business at the company tomorrow!" Yang Huai hurried out to block the way.

Yang Dongsheng patted Yang Huai on the shoulder, motioning Yang Huai to get out of the way.

If Yang Dongsheng avoided it today, these people would intimidate them further. Once all the steel factory bosses were twisted into one thread, it would be difficult for Yang Dongsheng not to lower the price with the power behind these steel factory bosses.

"This guy is right. Since the international iron ore price has dropped, we should drop it too!" Out of the corner of his eye, Yang Dongsheng saw that the young man burst into a smile, and looked around triumphantly. Yang Dongsheng ignored him. He continued, "I think that's it. The international price of iron ore is just over 20 dollars a ton. I don't want your more than 20 dollars. The unified calculation is based on 20 dollars a ton. As long as you can pay in dollars, I will never Breaking my promise, and giving priority to delivery! If you can’t pay in US dollars, then I can only apologize, and the current price can’t be less.”

International iron ore prices are low, but do you have dollars?
Due to the continuous launch of the second and third phases of the Shanghai Iron and Steel Plant, as well as other major projects, a large amount of industrial equipment and resources need to be imported, which almost emptied the country's foreign exchange.

In the 90s, why did China reject invitations from several major mines?On the one hand, it is due to a misjudgment that iron ore prices will always be so low that there is no need to enter the iron ore industry. On the other hand, it is because they want to go out and negotiate cooperation with several major international iron ore producers. What they want is foreign exchange , People don’t want RMB, and what our country lacks most in the 90s is foreign exchange.

Yang Dongsheng didn't know what the black market exchange rate in Guazhou was.

When he went to Shanghai last time, Yang Dongsheng inquired casually. On the black market in Shanghai, 1 US dollar is exchanged for almost 12 yuan. Black market dealers in domestic third-tier cities like Guazhou have to go to Shanghai to buy US dollars and exchange them. The exchange rate on the dollar will only be higher.

This is only on the premise of small-scale exchanges. If Yang Dongsheng took out [-] million yuan to exchange, even if he was not arrested by the police first, the exchange rate might rise to skyrocketing.

It is precisely because of this gap between the official exchange rate and the actual exchange rate that the country has had to continue to depreciate the renminbi over the years, but it still cannot keep up with the decline in the black market.

"Mr. Yang, my nephew was drunk just now. Mr. Yang, don't be as knowledgeable as him!" A middle-aged man stepped forward and slapped the young man. Apologize!"

The young man covered his face and stared at Yang Dongsheng fiercely.

(End of this chapter)