Dalian.

Near the intersection of Huanghe Road and Xinkai Road, not far from Jinguang Building, Suiren Company invested to acquire a 17-story commercial building.

At present, the building is undergoing overall renovation of the facade, and the interior is also undergoing renovation.

Not only are the people in the decoration company busy, but also many employees of time information, who also arrange computers, related servers, electronic equipment, etc.

Imitating the domestic and foreign futures trading systems, written by Time Information. Huangshi International, which had previously withdrawn from the mainland in Xiangjiang, was also cooperating with the compilation of the ore futures trading system.

Huang's International's technical executives Li Hongwen, Huang Xiuyuan and Jiang Hailin discussed some details.

"It's a pity this time. If Huang's International hadn't been targeted by the Americans, I would have made Rio Tinto and others vomit blood." Li Hongwen said helplessly.

Huang Xiuyuan did not have the little money to hurt. After all, Suiren Company is now a big business, and financial speculation is just a temporary solution: "Financial is just a tool, and industry is the foundation. Now we need to change our role and become the makers of international rules."

"Zheng Huang's words are reasonable." Li Hongwen also knew that he had been short of Rio Tinto, BHP Billiton and Vale, which was just a small profit in the face of controlling global mineral pricing power.

What's more, Huang Xiuyuan knows the insidiousness of those guys on Wall Street, such as negative crude oil prices, modifying transaction data, removing network cables and freezing accounts, which is simply no bottom line.

Although the Ore Exchange is nominally the leader of the Iron and Steel Association, the one who actually leads the specific business is Suiren Company.

After withdrawing from the mainland, apart from some of the employees of Huangshi International joined the financial team of the Ministry of Security, the rest became the management of Dalian Ore Exchange.

After all, people from the ICIC Association do not have the experience of operating futures exchanges, so it is better to leave professional matters to professionals.

Shan Zhonghua had no objection, but just communicated with the China Securities Regulatory Commission and the central bank. In fact, the Dalian Ore Futures Exchange has already met all the formal procedures.

Dalian Ore Futures Exchange Management Company, also a 100% controlled enterprise of the State-owned Assets Supervision and Administration Commission, was only given to the Robinson Ant Company in terms of management.

The Robinia ants company appointed Li Hongwen and other former employees of Huangshi International to form the management of Dalian Ore Futures Exchange Management Company.

"Mr. Huang, according to Sega's news, our current production capacity is to produce 170,000 to 210,000 tons of pure iron powder every day, with a stock of about 640,000 tons. And as the production volume increases, the inventory will be more backlogged, and we need to take advantage of these raw materials in time." Jiang Hailin reported to him some specific situations.

Huang Xiuyuan thought for a while, then ordered: "Then you can arrange the listing of raw materials futures as soon as possible! By the way, what do you have any opinions on price?"

"It must not be sold at the price of iron ore, but at the price of pig iron." Jiang Hailin explained why.

Because the pure iron powder produced by Blue Star Mining is a semi-finished pig iron for steel plants, it is easy to smelve into pig iron ingots when taken back.

At present, the domestic production cost of pig iron is around 2,900 to 3,000 yuan per ton, while the wholesale price of pig iron is around 3,200 to 3,600 yuan per ton.

According to Baosteel's data, smelting one ton of pig iron requires 1.7 tons of iron ore, 0.28 tons of coke, and about 0.2 to 0.4 tons of slag-making agent. Among these three core raw materials, coke and slag-making agent are self-sufficient in China, and the prices are basically in a very stable state.

Therefore, the cost of iron ore has become a key factor in controlling the cost of pig iron.

This year's imported iron ore price is about 1,100 yuan per ton, which is equivalent to smelting one ton of pig iron, and the cost of iron ore is about 1,870 yuan.

With coke, slag-making agent, equipment depreciation, electricity and labor, these expenditure items combined are about 1,100 to 1,200 yuan.

It seems that there is still a profit of 200 to 700 yuan. In fact, if management expenses are added, inventory backlogs, and improper internal management, especially state-owned enterprises with rigid mechanisms, they are basically on the verge of losing money or at a loss.

While reviewing the data, Jiang Hailin explained: "The Snail Steel Plant can basically directly make steel with our own pure iron powder, and the purchase price per ton is 1,200 yuan. If used for ironmaking, the total cost is about 1,800 yuan per ton of pig iron."

Huang Xiuyuan also knew the difference.

Pure iron powder iron smelting: 1 ton of pure iron powder (1200) + coke or electricity (300) + other miscellaneous expenses (300) = 1800

Iron ore iron smelting: 1.7 tons of iron ore (1800) + coke (800) + power slag agent (160) + other miscellaneous expenses (220) = 2980

Blue Star Mining’s price per ton of pure iron powder is given to Snail Industry, which is the price of internal brothers. Even at such a cheap price, she still made 1,050 yuan in tears.

Jiang Hailin said a limit cost: "Mr. Huang, I think to crack down on the three major iron ore suppliers, the price of pure iron powder must be lowered to 1,400 yuan. In this way, the production cost of steel companies will be reduced to 2,000, or even lower."

"It's not good, but it's not enough. The extreme pressure cost of the three major iron ore suppliers is around 250 yuan per ton. If necessary, the price of pure iron powder can be lowered to 800 yuan, making iron ore trade a loss-making business."

At this price, the price of iron ore must be less than 150 yuan to compete with pure iron powder.

The problem is that the price is 150 yuan, and the three major iron ore suppliers will lose 50 yuan per ton, while Bluestar Mining still has a profit of 650 yuan per ton.

This is a direct crush, and the two are not opponents in the same dimension at all.

The three major iron ore suppliers may directly lose tens of billions of meters of purchases from China Steel Companies.

Li Hongwen suggested: "Mr. Huang, our other mineral varieties can also be prepared."

"Well, you can communicate with Hailin and Segado."

Although it has not been renovated well, the Dalian Ore Exchange already has the ability to undertake transactions.

October 3.

Shan Zhonghua, who brought the second interest-free loan to Bluestar Mining, brought people from the Iron and Steel Association to Dalian.

Not far from Dalian Ore Exchange is a business hotel acquired by Suiren Company. In the business conference hall, Huang Xiuyuan, Shan Zhonghua and others held a second in-depth discussion on ore futures trading.

"I have given them trading seats according to the plan for all members of the Iron and Steel Association members. Currently, a total of 537 transaction vouchers have been issued." Li Hongwen explained with the document.

Shan Zhonghua asked: "When do you plan to open the business?"

"On November 8, the exchange building will be available by then. We are trial-running the internal trading system, so there is no big problem." Li Hongwen replied.

Suddenly, Shan Zhonghua said: "Mr. Huang, are you interested in taking over Tonggang?"

"Uh? Didn't it mean that Shougang is considering a merger or acquisition?" Huang Xiuyuan was surprised.

"In the last negotiation, some people ignored the overall situation. This time I went to Beijing, and the superiors hoped that Tonggang would be taken over by Locust Ant Company and join forces with your company." Shan Zhonghua said an unexpected and reasonable reason.

The management of Robin Alien Company does not have to worry about the loss of state-owned assets of Tonggang, but is also warning other steel companies with their own ulterior motives.

After all, during the last negotiation, the domestic steel companies' scattered the people, which made them very disappointed and angry.
Chapter completed!