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? After entering June 2007
The routine iron ore "long-term agreement" price negotiations between the three major mines and the world's major steel manufacturers in 2008 was held in Singapore as scheduled. As expected by the critics, the three major mines proposed a price increase of 42%.
This means that after four consecutive years of sharp price increases, iron ore will exceed US$150 per ton, which is more than three times higher than the US$42 per ton in 2004.
Sure enough, they are old cheeky negotiators. The three major mines saw the disunity within Huaxia Iron and Steel Corporation, and brazenly made such excessive demands.
The so-called; ask for the price, pay back the money on the spot.
Regardless of the first half of 2007, Australia's fmg resources company supplied 77 million tons of iron ore to China, but China's soaring new demand for iron ore exceeded 200 million tons, and the total demand exceeded 700 million tons. Not nearly enough.
In front of the experienced three major mines, Huaxia's officials participating in the "long-term association" negotiations are much more immature, and they are not the opponents of these market veterans at all.
The chaos of iron ore has been continuing. The large and medium-sized state-owned steel enterprises participating in the "long-term agreement" negotiation can get the iron ore supplied at the "long-term agreement" price, and they can earn 15% or more by selling it backhand. No amount of shares can be used up.
After the iron ore arrives in Hong Kong, it can be sold for money, which makes the state-owned large and medium-sized steel enterprises taste the real sweetness.
Although the "Steel Association" has repeated orders not to allow reselling of shares, this industry association does not care about personnel or finances. Whoever is a member of the Iron and Steel Association has a deep background, and they can listen to it if they want to, and just treat it as air if they don't want to.
All these situations are under the control of the three major mines, which is why they can brazenly raise the excessive demand of 42% price increase, because the three major mines are confident and know that Huaxia Iron and Steel Enterprises will still have to give in in the end.
? During the negotiations, there were those who communicated secretly with the three major mines, those who frequently winked, and those who had close contacts.
Often the decisions made by the core layer of the Chinese negotiation are leaked out immediately.
Wang Yaocheng was also deeply troubled by the scene of this mob of demons dancing wildly. He might as well have negotiated on behalf of many steel enterprises with Baosteel and his family.
What is the organization of the "Steel Association"? too messy.
The seven monks have eight different accents, and their internal opinions are not unified. Some stand firm, some soften, some are soft-spoken, and some say grotesque complaints.
The reasons for this are very complicated. For a ministerial enterprise or a local enterprise leader, let him consider a game of chess across the country, considering the interests of the whole country or brother enterprises in the iron and steel industry or even private iron and steel enterprises, even if the enterprise suffers a little loss. Persevere, this is hard to avoid.
Sitting in this position, the first thing to consider is to fill your own bowl of rice. We don¡¯t secretly communicate with foreign parties, and other companies have already done more extraordinary things.
Sitting still is a crime against the enterprise and its employees, and it is an unqualified enterprise leader.
If you can get more shares of iron ore, even if the company can't use it up, it will be tens of millions of dollars in profits if you sell it. After returning home, the employees will support it, the leaders will praise it, and the company will get benefits and face. Anyone will settle the account .
Don't you know that these short-sighted insights have not considered clearly the reason why there is no small pot in the big pot.
It is not good for Wang Yaocheng to comment on this, after all, he is a child of someone else's family, and his hands are too long to be annoying.
Huaxia Steel Enterprises greeted them with a smile when they wanted to obtain the iron ore share of fmg resources company.
The Wang consortium is indeed very wealthy and powerful, but you have no equity and you are not a superior leader. Isn't it too inflated to stand up and teach people to do this and that?
Therefore, fmg resources company has released heavy news;
In view of the strong demand for iron ore in the world's bulk market, fmg resources company plans to start the second phase of the project. The second phase of the project, which will last for one and a half years, will provide an additional supply of 110 million tons of iron ore, and will The supply of iron ore in the Latin America region nearly doubled.
Since the port and heavy-duty railway do not require additional construction, only the expansion of mine equipment and the heavy-duty railway branch line leading to 78km away, as well as an independent thermal power plant, the second phase of the project is more effective than the first phase of the project. The project is expected to It will cost A$6.9 billion.
After the completion of the project, it will provide an annual supply of 260 million tons of iron ore, plus the first phase of the Simandou Iron Mine Project, Red River Resources Company can provide an annual supply of 340 million tons of iron ore.
?If necessary, the Simandou Iron Mine in Guinea can expand its production capacity at any time to cope with the booming iron ore industry in China.??Have the slightest interest in acquiring it, and let it go to its final demise.
To be honest, these LCD panel manufacturers in Taiwan are not very good.
During the previous "LCD meeting", they conspired to fix prices and exchanged information on future production and other business plans.
Huanghe Science and Technology Group is well aware of this, but it has not revealed it.
? The EU Special Investigation Committee stated;
Several involved LCD panel manufacturers conspired about 60 times between October 2001 and February 2006, mainly in hotels on Taiwan Island. They called these conspiracies "LCD meetings."
Dating back from 2001 to 2006, Hanyu Caixin colluded with other LG LCD panel manufacturers in Taiwan and the Korean Peninsula to manipulate prices, causing many color TV companies in China, as well as Yangtze River Technology Group, Dell, Apple, HP and other downstream companies to And consumers pay high fees and make huge profits from it.
As a result, the European Commission, the European Union's antitrust regulator, fined LG Display on the Korean peninsula and five companies on Taiwan Island a total of 649 million euros (about 863 million U.S. dollars).
?Since June 2006, Huaxia Development and Reform Commission has received reports many times;
It reflects that since 2001, Samsung, LG, Chimei, AUO and other LCD panel companies in Taiwan Island have conspired to manipulate the price of LCD panels, and the National Development and Reform Commission has opened a case for investigation according to law.
Who is the whistleblower?
Cough cough, everyone knows it well.
During the investigation process, relevant enterprises voluntarily reported the situation of conspiring to manipulate the price of LCD panels.
It has been verified that during the six years from 2001 to 2006, a total of 53 "crystal conferences" were held in the Taiwan Island area and the Korean Peninsula. The conferences were held in turn, basically once a month, and the main content was to exchange information on the LCD panel market and negotiate LCD panels. panel price.
? When selling LCD panels in mainland China, the companies involved manipulated market prices based on prices negotiated at crystal conferences or exchanged relevant information, which damaged the legitimate rights and interests of other operators and consumers.
The relevant departments have not yet made a decision on punishment. In the subsequent rounds of price cuts, two of these companies have belched one after another. With a nail on, no actual punishment can be made.
The embarrassing things done by these cowards were caught by the handle, which shows that the level is low, and it is really embarrassing to be with them.
The Royal Family Fund is not interested in collecting junk and making these bastards a fortune in the end, it is better to let them die.
What did the judgment of "Dream of Red Mansions" say?
The sky and the earth are white, and everything is so clean.
in a few days
Siemens, the strategic partner of LG Electronics on the Korean Peninsula, will hold 42% of the equity of LG Electronics and transfer it to Geli Group at a price of 3.25 billion US dollars, sadly withdrawing from all categories in the field of home appliances.
Think back to the beginning
Siemens acquired the relevant equity of LG Electronics at a price of 8.2 billion euros. This is an extremely favorable price. Siemens Group is full of ambitions and is preparing to do a big job on the Korean Peninsula. After only three years, it lost more than half of its investment and left with scars all over its body. .
The current situation of LG Electronics is not good. The price of large-size LCD panels produced by the company is generally higher than that of the licensed products in the market. As a result, the prices of home appliances such as LG TVs and computers are generally not competitive, and the share of the international market for export has shrunk sharply.
The huge production capacity cannot be released. LG Electronics has dismissed 36,000 employees three times this year, and closed 11 factories including Namgyong North Road, shrinking the front line in order to weather the severe storm.
However, the eighth-generation production line, which invested huge sums of money to establish, has been unable to form production capacity for a long time, and has been abandoned instead. The debt formed by the huge investment is burdened on LG Electronics, which makes the already unfavorable business situation worse.
President Gu Benmao is gritting his teeth and supporting himself, hoping to see a miracle happen.
Geli Group has become the second largest shareholder of LG Electronics. However, the siege in the world's home appliance market has not ended. The tide of Chinese home appliances flooded into the market, making LG Electronics still in a difficult situation
?The Samsung consortium is also in the same situation
After being rescued from a sudden cerebral hemorrhage, the president Li Jianxi was paralyzed and could not speak clearly, but his consciousness was still clear, and he was also looking forward to a miracle.
The Samsung consortium was taken over by the newly appointed vice president Li Jae-yong. He was dumbfounded when he learned about the difficult operating conditions of the Samsung consortium.
If you are not in charge, you don't know how expensive firewood is.
In just over half a year, Samsung Electronics alone has already incurred a heavy debt of up to 31 billion U.S. dollars.
?Because Li Jianxi was suddenly seriously ill, the Samsung Group was in chaos.
Samsung Electronics did not dismiss employees in a timely manner. In the case of a serious shrinkage in market share, daily expenses were higher than before, and hundreds of millions of dollars were spent every month.
Wang Yaocheng can't control other people's messes, he knows that the real winter has not come yet, and now it's just an appetizer. (Remember the site URL: www.hlnovel.com)?The timely dismissal of employees, in the case of a serious shrinkage of market share, led to higher daily expenses than before, and hundreds of millions of dollars in extra expenses every month.
Wang Yaocheng can't control other people's messes, he knows that the real winter has not come yet, and now it's just an appetizer. (Remember the site URL: 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
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