Chapter 334 Iron Ore Price Rise
"Dear journalists, welcome to attend our loan signing ceremony with the Railway Administration!"

Zhao Ye stood on the stage and said.

This loan signing ceremony was proposed by Zhao Ye, and its main purpose was to spread China's determination to build high-speed rail to the outside world.Of course, Zhao Ye also has a small selfish motive, which is to let the outside world know that he loaned one trillion yuan to the Railway Bureau. If the country does not repay the money in the future, it will be afraid of being reported by the media.

"As the saying goes, 'If you want to be rich, build roads first'!"

"Recently, my country's independently developed high-speed rail has made a huge breakthrough. In practical applications, the speed of high-speed rail has reached 350 kilometers per hour."

“Therefore, in response to the call for national high-speed rail construction, I decided to let Galaxy Bank and Standard Chartered Bank loan one trillion yuan to the Railway Bureau, thereby speeding up the construction of high-speed rail in our country and benefiting more cities and people!!!”

As soon as the words fell, the reporters were stunned.

"Did I hear that right? Zhao Ye loaned one trillion yuan to the National Railway Administration??? Oh my God, is he so rich?"

Many countries have already opened high-speed rail projects, but not so fast.

Reporters were surprised, but not surprised.

On the contrary, it was Zhao Ye's generous loan of one trillion yuan to China that shocked everyone.

There are basically no loans of this size in the world.

"China's ability to independently develop high-speed rail is very impressive. The speed of 350 kilometers per hour is enough to be listed as one of the fastest high-speed rails in the world. Zhao Ye was even more shocking and refused to give up. He immediately loaned him [-] yuan. Do you want to be so awesome if you give [-] million yuan to the Railway Bureau? My monthly salary is only [-] to [-] yuan, which makes me feel ashamed..."

"Oh, God, this is simply impossible abroad! Even the American consortium will not lend so much money to the US government to build high-speed rail. Moreover, the United States basically does not have high-speed rail, and most of them are still in operation. The trains have a history of decades or even hundreds of years. They are not only very slow, but also dilapidated. Basically, few people are willing to take the train..." An American reporter was filled with envy.

The speed of 350 kilometers per hour really shocked him.

Compared with this, American trains are simply synonymous with backwardness!
Also, American trains are very expensive.

If the United States could give birth to a person like Zhao Ye, why would the United States not be able to continue to revive?

The American reporter looked at Zhao Ye and couldn't help but feel filled with emotion.

……

Soon, news of the loan signing ceremony spread like wildfire, and then quickly spread around the world.

After the people in the country heard the news, they were first shocked and then excited.

A-shares, all listed steel companies are booming!
Such huge good news has made investors, investment institutions and listed companies crazy.

When the news spread abroad, it naturally caused a huge shock.

Australia.

Several mining giants had bad intentions at this time.

BHP Billiton plc.

meeting room.

President Ronald Price said to others with excitement: "Everyone has received the news, right? China is going to build high-speed rail on a large scale. Zhao Ye, the world's richest man alone, loaned 1 trillion yuan to the China Railway Administration. ! Everyone, it’s our turn to make a fortune!!! Building high-speed rail requires a lot of steel. Even if we only increase the price of iron ore by 1%, we can still make a lot of money. In fact, 10% It needs to be at least 60% to satisfy our appetite! More than [-]% of China’s iron ore comes from Australia. This time China is going to build a high-speed rail. I don’t believe they won’t buy our iron ore!”

As soon as the words fell, other people in the conference room immediately echoed and burst into triumphant laughter.

"Haha, what President Price said is so right. If our iron ore price increases by taking this opportunity, we will definitely make a huge profit!!!"

"China's economy is developing so fast, which makes people really envious and jealous! This time, we must take advantage of it. Anyway, the other party has money, so they won't care about this money, haha..."

BHP Billiton's executives are a little complacent. China has always been Australia's largest iron ore trading partner, but it has no pricing power for iron ore.These mining companies are not grateful at all, they are greedy and shameless, and they often find various reasons to increase the price of iron ore.This time is no exception.

At this time, there was a high-speed rail construction boom in the country, and the previously confirmed high-speed rail planning route had entered the construction stage.

China has a lot of experience in building railways and so on.

In order to build high-speed rail this time, the Railway Bureau specially developed a machine called CPG500 ballasted track laying machine.

This kind of machine is mainly used to lay tracks. Its biggest advantage is that it can lay double rails weighing 30 tons and 500 meters long at the same time.Compared to other tools, it is much faster.Moreover, when the machine is running, it can also accurately lay the 200 kilogram sleepers below.

Not only is the speed very fast, but the distance between adjacent sleepers is 60 centimeters, and they are arranged quite neatly, which is unimaginable.During the construction of the Beijing-Tianjin intercity railway, Zhao Ye and his party came here to inspect the construction progress.

When I saw this CPG500 ballasted track laying machine, I realized that China’s reputation as an “infrastructure maniac” was not in vain!
In the past, it was all laid manually, and one sleeper required several people to lift it, which was time-consuming and labor-intensive.

Now with this artifact, laying railroad tracks no longer requires so much manpower.A track-laying machine paired with 7 people can lay 2000 meters of track in one day. At this speed, it can be said to be the world's leading!

Zhao Ye couldn't help but secretly clicked his tongue while listening to the introduction from the project leader.

The construction speed is really fast! ! !

Just when Zhao Ye was happy, secretary Liu Yinyin frowned and walked over.

"Director Zhao, I just received news that the price of iron ore in Australia has increased by 15%!"

When Zhao Ye heard this, his face suddenly darkened. If he hadn't been concerned about his image, he would have cursed loudly.

The price of iron ore has increased by 15%, which will mean that the construction cost of high-speed rail has increased significantly.

Not only that, the increase in iron ore prices also affects other aspects, including real estate, manufacturing, financial industry, etc...

Zhao Ye, who returned to the company, finally couldn't help but cursed.

"TMD, these Australian mining companies are really nothing, and they actually took the opportunity to increase their prices by 15%!"

A price increase of 1% to 3% is acceptable.

But a price increase of 15% would have a huge impact, and China would not be able to accept it at all.

Liu Yinyin said in a deep voice: "Director Zhao, the other party's sudden increase in price should leave us room for bargaining. But the other party has a huge appetite, at least 7% or more! Our country should soon send people to negotiate with Australia, strongly Demand that the price of iron ore mines be lowered."

Zhao Ye shook his head and said, "I'm not optimistic about the outcome of the official negotiations!"

In his previous life, Zhao Ye had already seen Australia's face clearly.

Even if the price of iron ore can be negotiated, it will still be much higher than before.

Zhao Ye was furious and said coldly: "I won't let them succeed, I have to teach them a lesson!!!"

"I, Zhao Ye, can do things that are difficult for the country to do!"

"Don't they like to raise prices? That's great. Let's see who loses the most in the end! Liu Yinyin, please contact Galaxy Mining Group immediately and ask the senior management to come to my place for a meeting at 3 o'clock in the afternoon. Oh, by the way, let someone investigate What are the main products Australia exports to my country? I want to know detailed data!"

"Okay, Director Zhao, I'll do it right away!" Liu Yinyin responded.

……

Three o'clock in the afternoon.

Ten executives from Galaxy Mining Group came to Zhao Ye's office.

Everyone knew the purpose of Zhao Ye calling them to the meeting.

CEO Fei Chengyi is already ready.

"Mr. Fei, the price of iron ore in Australia has increased. How is the iron ore output of Galaxy Mining Group? Can the price of iron ore be brought down?"

Fei Chengyi shook his head and said: "Director Zhao, the main industries of Galaxy Mining Group are concentrated in Africa. Although Africa is rich in mining resources, you know that Africa's infrastructure construction and transportation are very poor, and mineral transportation is difficult. So, so far, Galaxy Mining Group's total iron ore output is only 3000 million tons, less than one-seventh of Australia's BHP Billiton Mining Company."

In addition to BHP Billiton, there are many mining companies in Australia.

It is difficult for Galaxy Mining Group's iron ore output to affect the other party.

When Zhao Ye heard this, his expression suddenly turned ugly.

Upon seeing this, Fei Chengyi hurriedly added: "Director Zhao, although the iron ore output of our Galaxy Mining Group is low, it has great potential. Although we have obtained the development rights for many mines from the local government, due to various reasons, such as Inconvenient transportation, political instability, war, etc. have resulted in these mines not being developed. If these mines can be developed, I can guarantee that our iron ore production can be increased to at least 2 million tons per year!!!"

Zhao Ye couldn't help but frowned when he heard this. The difficulty of developing this African mine is far more difficult than what Fei Chengyi said, but this still doesn't stop me from developing the mine! ! !
Zhao Ye's eyes were firm and he said decisively: "No matter how difficult it is to develop the mine, we must develop it. Those Australian idiots, let them go. China no longer needs to import iron ore from them!!! "

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like