Young beria is impatient. "What about Charles? Will the other party cheat us? Deliberately release so much iron powder, or should we apply to the headquarters for funds to eat these iron powder? "
"No, if we eat these iron powders, in case the other party continues to expand production and we can’t digest so much, it will cause huge losses." Charles quickly shook his head.
Juan, who has been silent for a long time, also feels bad. The production type of Vale is not much different from that of BHP Billiton and Rio Tinto. Now bauxite, alumina and potassium ore base are certain.
Whether the other party has so much iron powder, he still has a little brains. There are rules for trading in Dalian Stock Exchange.
If the consignor fails to perform the contract as scheduled by the delivery date, he will not only be fined three times, but also be directly disqualified from trading and banned from Dalian Stock Exchange for life.
If the spot cannot be delivered, the letter of Dalian Stock Exchange will plummet in an instant.
Although Juan hoped Bluestar Mining wouldn’t produce so much iron powder, reason told him that the other side wouldn’t joke about such a thing.
Feeling helpless, Charles said in a low voice, "Let’s report to our headquarters separately! We can’t make a decision about this kind of thing. "
“OK！” Beria patted his forehead. "Fake squid!"
They didn’t pay attention to Suiren Company and Steel Association before, but they didn’t expect to face each other so quickly.
Moreover, this is not a slap in the face, but directly trampling them on the soles of their feet and crushing them in the face of Bluestar Mining, but they have no resistance.
Trading box
Chan kwong wing and Ding Lixing and other Baosteel traders are crazy about entering these futures. Anyway, Blue Star Mining dares to increase their volume and they dare to eat them.
If Bluestar Mining breaches the contract, Daye Dairen Company will also have the money to compensate.
Moreover, chan kwong wing Renren Company will not bet hundreds of billions of liquidated damages that these iron powders must be or that Bluestar Mining can be produced in the future.
Looking at the 3.57 million tons of pure iron powder, chan kwong wing turned his head and ordered, "When the negotiations between Lixing and Vale must be delayed, it is not too urgent to reach an agreement."
"I will definitely drag the negotiation off" Ding Lixing got the message.
Vale will never be very good for a while. If we can’t cope with the impact of Bluestar mining, the consequences may be disastrous.
Although Baosteel is a state-owned enterprise, it still has a little common sense in doing business.
In this situation, it’s foolish to send charcoal in the snow. The most correct way is to tear a piece of meat from the three major international mining groups by falling into a well.
Chapter one hundred and forty-nine Rebel backstab
Australia
Moer
Bhp Billiton head office
After hanging up, his face was dignified to the extreme. James Carter secretly told himself, "Let others come over at once."
Perhaps it was the secret Elena who noticed that the president was in a bad mood and quickly nodded and ran out to inform his vice president and department head.
Office Carter called the office brain to find the details sent by Charles.
After reading it, two vice presidents of headquarters and three department managers all appeared in the office.
Vice President Wood asked curiously, "What’s the matter with Carter in such a hurry? Do those Chinese people want to negotiate again? "
"We’re in big trouble." Carter rang before he finished his desk words. He glanced at Nai and answered the words.
But as he spoke, he would let the seat signal Wood and others to look at his brain.
Wood and others quickly saw Charles’ detailed report around their heads. The more they read the email, the heavier the atmosphere in the office became.
Ten minutes later, Carter finished talking with the president of Rio Tinto.
"Now tell me what we should do?"
"Could it be a trick from the other side?" One of the managers said 3.
Wood, who is in charge of mineral investment, said, "Carter, now we have three choices. The first choice is to fight a price war with each other and bet that the other bank can last for next month."
"The second option is to take out funds to buy the futures of the other party and pull the price, which is also a bet on the shortage of the other party."
"The last choice is to regard the other party as waiting for the other party’s library to dry up."
Carter was worried that the Wood proposal was based on the shortage of Blue Star Mining Library.
If the blue star mining library or production is abundant, the consequences will be very terrible for BHP Billiton.
Moreover, the Dalian Stock Exchange requires that the Chinese yuan must be settled, and the foreign enterprise account temporarily supports the cash account.
That is to say, if they join forces with Rio Tinto and Vale to eat some futures, they must prepare 100 billion yuan in cash.
Moreover, the major steel enterprises in China are not stupid. The consequence of their large-scale acquisition of iron powder futures is to raise the price of iron powder crazily, and many steel enterprises will hold futures and wait for the price to rise or due delivery.
They are blessed to be able to buy one-third iron powder futures.
The problem is to spend 100 billion yuan to buy iron powder. If the production of iron powder in Bluestar Mining is still very sufficient in half a year, BHP Billiton will definitely lose tens of billions.
They are still such a big strategic decision of the city company. Carelessness may lead to a sharp drop in the stock price.
Soon Vale President Goi also called Carter and discussed with each other for more than half an hour.
Vale is now in a dilemma, and they are also entangled in whether to spend money to buy blue star mining iron powder to raise the market price; Or lower the price of iron ore and fight the price war with Bluestar Mining; Or sit tight and see if bluestar mining is empty.
"Wood, you should know that we just got out of the economic crisis half a year ago. If we take out so much money, our capital chain may be unbearable."
"That can reduce the price," Wood replied with a headache.
On the first day of Dalian Ore Exchange’s official opening