Chapter 1190: Negotiating Iron Ore Prices for a Rainy Day

On the phone, President Fujiwara's voice sounded cowardly and humble. Before he even started talking, he started apologizing non-stop.

Wu Tao patiently listened to her apology, and then slowly got to the point.

It turned out to be a matter of international iron ore raw material prices.

Since Reina Fujiwara handed over the traditional business of the Mitsui Consortium and began to focus entirely on the semiconductor industry, the old people within the consortium have begun to regain control of the lifeline of the steel industry, uniting the world's three largest iron ore mines through the influence of shareholders. The original stone production base began to control the price of iron ore.

As of today, iron ore prices have soared by as much as 20% after three repricings.

Before the last Zhonghai gathering, Fujiwara Reina noticed this operation and was worried that Xiao Ruiguang would be in trouble, which would affect her relationship with Huaxia Wu, so she gave instructions as the president.

However, the old school, who had tasted the benefits of rising iron ore raw material prices, completely ignored her instructions.

Only then did Fujiwara Rena realize the seriousness of the matter, and she even rushed back to deal with it personally even if she missed her appointment with Wu Tao...

Wu Tao finally understood after hearing the whole story.

However, there was no news from Xiao Ruiguang, and most likely there was no big reaction to the rise in iron ore prices.

But even so, Fujiwara Rena's response is worthy of appreciation.

What's even more gratifying is that this time, the old-school restlessness was successfully suppressed by her.

It can be seen that this beautiful Japanese president has really grown up a lot.

So on the phone, Wu Tao calmly responded to Fujiwara Reina's report. On the one hand, he did not put too much pressure on her, and on the other hand, he expressed sufficient praise for her behavior without leaving any trace.

After hanging up the phone with Fujiwara Reina, the convoy has entered Beijiang.

Wu Tao came to his senses and ordered the team to break up into parts so as not to attract too much attention in his hometown of Beijiang.

Then he fell into thinking about iron ore.

Nowadays, the domestic real estate industry is in the first wave of explosive growth. Zhongguang Iron and Steel Group, owned by Xiao Ruiguang, is making a lot of money, so it is naturally insensitive to the price of iron ore raw materials.

Furthermore, Zhongguang Iron and Steel Group has always attached great importance to technology research and development, and its technical advantages also determine that they are less dependent on high-quality iron ore than other domestic steel groups.

After thinking about it for a while, Wu Tao analyzed the difference himself.

Even so, he calmed down and called Xiao Ruiguang.

As soon as the call was connected, Xiao Ruiguang's hearty laughter came out immediately, which almost immediately confirmed Wu Tao's own judgment.

Otherwise, if Xiao Ruiguang is really troubled by the issue of rising raw material prices, he may not be able to laugh at all.

After a few words of greeting, Wu Tao decisively got to the point and asked about the rising prices of raw materials.

As a result, Xiao Ruiguang slapped his thigh and said in a louder voice: "This increase in raw material prices has really helped Zhongguang a lot!"

Wu Tao was confused when he heard this.

Xiao Ruiguang continued in an excited voice: "Last year, when I had ample funds, I purchased a large amount of high-quality raw materials through President Fujiwara's relationship. According to Zhongguang's consumption, it will be enough for at least three years!"

"...So this year's increase in raw material prices has not only not affected China Optical Technology, but has actually helped China Optic Technology unexpectedly seize a lot of market share. My staff has just taken stock, and the performance has doubled compared to last year..."

It turns out there is such a thing.

No wonder Xiao Ruiguang not only had no reaction at all, but was also so happy that he finally remembered to ask Wu Tao about his motive for making this call.

As a result, Wu Tao took the phone and began to hesitate.

The other party is now in a state of triumph, so his advice seems a bit out of place.

But when he thought of the memorable incident involving BHP Billiton in later generations, Wu Tao felt the need to talk ugly things going forward.

"Brother Xiao, first of all, I would like to congratulate Zhongguang Steel on its major breakthroughs and outstanding achievements this year..."

As soon as Wu Tao's tone suddenly turned serious, Xiao Ruiguang, who had always been in the air, also smelled an unusual meaning: "Brother, if you have anything to say, just say it directly. Follow me, you don't have to beat around the bush."

In this case, Wu Tao's voice became a little louder, "What I mean is that since most of the domestic high-quality iron ore relies on imports, we cannot sit idly by and ignore this price increase."

"... Because with the rapid development of the domestic real estate industry, the steel industry has experienced several rounds of surges. By then, the country will need to import more iron ore. So now it is up to raw material manufacturers to increase prices, and in the future only prices will be negotiated rights and opportunities.”

"...So, since China Guang Group has a seat at the bargaining table, it is best to take advantage of this opportunity. On the one hand, it can increase its influence in the domestic steel industry, and on the other hand, it must at least give raw material suppliers something to do. fear."

"This is to prepare for a rainy day." Xiao Ruiguang's face became solemn, and he even felt a little ashamed.

Compared to Wu Tao, his eye sockets are a little shallower after all.

But Wu Tao has not finished his words yet, "It is precisely because of the sustained development of the real estate industry that it may become easy to make money in the steel industry in the future. But even so, I suggest that China Optoelectronics not forget to accumulate technology and reduce technology investment."

Xiao Ruiguang reorganized his thoughts and said eloquently: "Don't worry, brother. Zhongguang has tasted the sweetness this time precisely because I listened to your advice before. So I will definitely do what you say. I will co-sign domestically soon. Steel manufacturers protest against this increase in raw material prices..."

Zuo Zuo and Xiao Ruiguang chatted for a while, and both parties ended the call happily.

I put down my phone and looked out the window, only to realize that the car had entered the boundary of Binhu. Looking casually, Wu Tao even thought he had arrived in some new socialist countryside.

The farmland is connected into a large area, with large-scale planting and water conservancy facilities.

The asphalt road has six lanes in both directions and is much wider than ordinary country roads. What's even more noticeable is that there are obviously more cars on the road.

There was an endless stream of motorcycle teams, mixed with many four-wheeled vehicles, so that the two vehicles Wu Tao was in, except for their brands, were not that prominent.

Approaching Liyuan Village, the scenery changed again.

Looking from a distance, in addition to my family and Uncle Dai, there are many farmhouses with different themes in the village.

The entire Liyuan Village has turned into a modern village focusing on the development of farmhouses.

This was the development situation that Anpingguo had been dreaming about day and night, but unexpectedly, it was realized in the hands of Liu Minho.

"It seems that Uncle Liu did a good job!"

A simple compliment made Liu Ruoxi even happier than praising herself. Wu Tao saw it and said with a smile: "When you go home later, take some gifts from the car and take them with you. Don't be empty-handed."

When it comes to her own family affairs, Liu Ruoxi is also a little arrogant, "It's good to have their precious daughter back, what more gifts do you need? I'm not getting married and returning home..."

Wu Tao was speechless for a moment, then waved his hand angrily: "Okay, just treat it as what I brought to them, okay?"