Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in hlnovel.com -> Romance -> Brilliant Life of Rebirth 98

Trip to Pakistan (2)

Previous page        Return to Catalog        Next page

    ??

    Therefore, for a long time after the establishment of Modu Steel, the international iron ore price was dominated by the three major companies. In fact, it was also dominated by the United States and China. China did not participate in the long-term agreement.

    It was not until 2004 that I joined the long-term association negotiations for the first time, but the results were shocking.

    Before the second round, the price of domestically imported iron ore fell by 20%, while the price of international iron ore rose by 337% since joining the long-term association.

    The high price of iron ore has resulted in meager profits for steel companies. The annual price increase of iron ore even exceeds the profits of the entire steel industry.

    ????????????????????????: ?? Directly led to every time the long-term cooperative price was released, it would cause many doubts. In the end, China gave up the long-term cooperative mechanism in 2010.

    ? Subsequently, indexed pricing emerged.

    Among the three major international mainstream indexes, the Platts Iron Ore Index is the most used. Platts, the organization that compiles the Platts Index, has its parent company, one of McGraw-Hill's major shareholders, and holds shares in Citibank.  , and Citibank is a shareholder of Rio Tinto and BHP Billiton.

    Therefore, China still has no say and is firmly controlled by the three major mines.

    Huaxia is trying to occupy the index high ground and launch the world's first iron ore futures product. Because it requires soft currency settlement, the three major mines are unwilling to abandon the rice knife settlement, resulting in the futures not being widely used by mainstream international ore merchants.

    finally,

    In order to compete for the pricing power of iron ore, China, with state-owned enterprises as the main force, conducts mergers and acquisitions around the world, targeting mines and other resources, but the overall results are not optimistic.

    Yi Xiaohai remembers reading an overseas sustainable development report of Chinese enterprises. Only 13% of China¡¯s overseas enterprises have considerable profits.

    There are also cases including MCC¡¯s losses and Taifu Iron Ore project¡¯s losses.

    The mechanism of state-owned enterprises is not as flexible as that of private enterprises. Private enterprises spend their own money and will invest more carefully.

    State-owned enterprises ignore the market and blindly consider the so-called strategy, which often violates the laws of the market, leading to serious losses and eventual failure.

    Therefore, iron ore pricing power requires the participation of private forces, and it also requires Chinese steel companies to join forces and negotiate in a unified manner to the outside world.

    ¡°However, there are still various factors in the current domestic environment, and the possibility of everyone joining forces is not high. Yi Xiaohai plans to solve the problem at the source.

    When the Han and Tang Dynasties attacked the financial market, they forced Mitsui & Co. to sell their shares in Vale. Therefore, Han and Tang are now the majority shareholders of Vale.

    Although becoming a major shareholder, the right to speak is far from enough, because most shareholders in the United States regard China as a piece of fat and want to take a bite.

    Yi Xiaohai now wants to start with the shareholders of Vale in Brazil. If he can win their support, or directly obtain the shares, he will take the initiative in future steel pricing.

    After listening to Yi Xiaohai's explanation, Miranda told Yi Xiaohai seriously that his plan might be difficult to achieve.

    "The relationship between the five major families in Pakistan is not good. They each control part of the shares. You can win support from two at most, but it may be difficult for the other three."

    ¡°It should be enough to have two support companies.¡±

    Miranda didn¡¯t know that Yi Xiaohai held 23% of Vale¡¯s shares, so having two 11% shares was almost enough.

    It¡¯s just that he thought too much. Mitsui Industrial Co., Ltd. has the largest stake in Vale, with 23%.

    A large part of it was acquired by Mitsui Property from major families in Pakistan in order to increase its voice. In fact, the major families in Pakistan only hold less than 20% in total.

    Yi Xiaohai didn¡¯t know, he was full of confidence.

    ¡­¡­

    Rio is the second largest city in Brazil and the gateway to South America. It is also one of the most economically developed regions in Brazil and South America.

    Yi Xiaohai entered the city and saw the Christ Statue from a distance, which is the symbol of Rio.

    The car drove directly to a hotel in the city center. The hotel was very large and the most luxurious hotel in Rio. However, when Yi Xiaohai saw the name, he almost couldn't help but swear.

    Impliedmeaning¡­¡­

    Yi Xiaohai has acquired many hotels overseas, but they are still being reorganized, so the names of many hotels have not yet been officially unified.

    However, he remembered that Zhao Yu told him that because this hotel in Rio was owned by the Yago Group, all the hotels were renamed "Yuyi Hotel".

    It¡¯s just that implied meaning means meaning, not the abbreviation of Yi Xiaohai and Li Xuanyu. Yi Xiaohai suddenly felt helpless.

    The person in charge of the hotel is a Chinese named Lin Xingxing. When Yi Xiaohai asked, he said he was sorry.

    Because when I changed my name,The person in charge of Baguo is a Chinese-speaking person, so he homophoned Yuyi as meaning, and the registered English name became implied meaning.

    "It's already being processed over there, and it will be corrected in the next few days."

    Yi Xiaohai could only accept it.

    The floors of the hotel are not high, but it covers a large area. It has not only ordinary guest rooms, but also supporting villas. Lin Xingxing arranged for Yi Xiaohai and Miranda to live in the largest and most luxurious Villa No. 1.

    The building covers an area of ??more than 1,000 square meters and has three floors. The surrounding gardens, swimming pools, helipads, etc. cover an area of ??nearly 10 acres. It can be said to be a quiet place in the midst of chaos.

    The back of the villa is connected to the beach and can be reached in 5 minutes by taking the hotel's tram.

    The beach is still closed, there is no harassment from outsiders, and it is very quiet.

    Miranda is a very energetic manager. He took Yi Xiaohai to go swimming at the beach. Yi Xiaohai could only accompany him. By the way, he asked Lin Xingxing about Vale Company.

    "Boss, look over there."

    Miranda went for a swim in the sea, and Lin Xingxing pointed to the building far behind:

    "That is the headquarters of Vale. It is said that the interior is very luxurious, and a hotel has been built on the side of the building for guests to enjoy."

    Because Yi Xiaohai asked him to inquire before he came, Lin Xingxing knew the situation of Vale very well and told Yi Xiaohai a lot.

    Including those shareholders, who are the current main persons in charge of the company, what are the preferences of certain people, etc.

    He also whispered to Yi Xiaohai that most of these were actually bought with money, and the authenticity was difficult to verify.

    Yi Xiaohai smiled,

    He knew that the information was bought, and he bought it from Fei Xiaosong, but Lin Xingxing didn't know.

    Because Fei Xiaosong had some misunderstandings with Miranda, he tried not to meet Miranda himself, so many things were conveyed through Lin Xingxing,

    Although it is a bit troublesome, it also gives Miranda face and avoids the embarrassment between the two of them.

    "Are there any conflicts within Vale?"

    "The main conflict is the struggle for interests between the five major families, which has continued into the company. However, with the help of the United States and Footbath, they have not gone too far. Even if there are unresolved conflicts, they will try not to affect Vale's interests.  So overall, it¡¯s quite harmonious.¡±

    "What about the Hutas family? How is their behavior?"

    "The person who provided the information said that the information would cost extra, and it would cost 100 million yuan. I"

    Yi Xiaohai understood that Fei Xiaosong was planning to meet and chat with him.

    ?¡­(Remember the website address: www.hlnovel.com
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report