Vol 5 Chapter 166: Mr. Hammer

During the 1930s and World War II, some politically influential monopoly groups became the main followers of Japanese monarchy, and the Sumitomo Foundation was no exception.
　　
　　 During this period, the family concentration of the Sumitomo Foundation became more apparent, and most of the consortium’s industries were concentrated in the hands of the Sumitomo family.
　　
　　Among them, Sumitomo Group has mastered the copper industry resources for centuries.
　　
　　 After the defeat of Japan, various chaebols were disintegrated under the restrictions of the United States and reorganized into enterprise groups. The Sumitomo family's influence in Japan's political and economic aspects was also greatly weakened. However, as Japan's economy recovered after the war, the Sumitomo Consortium made a comeback and grew stronger.
　　
　　 Since then, Sumitomo Corporation has been more widely involved in international trade activities in the fields of metals, machinery, petroleum, chemicals, food and textiles, and has become the core company of the Sumitomo Foundation and one of the four largest Japanese traders.
　　
　　 How strong is Sumitomo like this?
　　
　　 In 1991 alone, Sumitomo’s total global sales reached more than 120 billion U.S. dollars, more than the total GDP of China as a whole.
　　
　　 And Binzhong Tainan is the chief dealer of the non-ferrous metals trading department of Sumitomo Corporation.
　　
　　 This guy has two very intriguing nicknames, one is "Mr. Five Percent" and the other is "Hammer". The former is the honorific name given to his abilities by insiders, while the latter is portraying his character.
　　
　　The reason why people in the circle call him "Mr. 5%" is because the non-ferrous metals trading department of Sumitomo Trading Co., Ltd. led by Binzhong Tainan controls as much as 5% of the global copper trading volume. This shows that Binzhong Tainan's outstanding record in international copper futures trading also reflects the significant impact that Sumitomo's buying and selling decisions can have on the international steel market.
　　
　　"Hammer" is derived from Hamamaka's English translation name yasuohamanaka, because Hamamaka's pronunciation in English is very similar to "hammer". But the main reason why this nickname can be called is because it reflects the hammer-like hard character of Haminaka Tainan in trading.
　　
　　 It can be said that it is this kind of perseverance that contributed to his unshakable position in the non-ferrous metal market.
　　
　　 London Financial District, Non-Ferrous Metal Market Trading Department of Sumitomo Corporation.
　　
　　 As the phone rang, Haminaka put down his teacup and picked up the phone on the table.
　　
　　 "The Thai man has always been good, I am Okamoto Junyao. I haven't contacted him for a while. I'm really sorry."
　　
　　 "Oh. Okamoto-kun. It's been a long time since I haven't seen him. It's been good recently. How come I suddenly remembered calling me, it's really amazing."
　　
　　 "Thank you for your concern, Lord Tainan! That's the case. I am now working in the First Industrial Co., Ltd., and someone asked me to ask. I wonder if you have time recently. He wants to do a big business with you."
　　
Big business?
　　
　　 Bin Zhongtai Nan couldn't help but smile.
　　
　　 It's not that he looked down on this former subordinate, but really, there are not many things that can be regarded as big business by him.
　　
You should know that the total financial asset position of Sumitomo Corporation in London has reached 5% of global trading volume, but this is only the size of financial assets. In fact, in many mining companies around the world, Sumitomo Group is a shareholder one. It controls the second mine of Qingling Copper Mine in Peru, the Morensi Copper Mine, the largest open-pit copper mine in the United States, the Grasberg Copper Mine controlled by Freeport, and Chuquicamata in Chile, the latter being the world's largest copper mining company.
　　
Yangxie Manufacturing is the predecessor of Daiichi Industrial Co., Ltd. Although there has been rapid expansion in the past year or so after the injection of new capital, the main orders are still some orders from Kawasaki and Osaka Metalworking. In the first half of this year, Daiichi Industrial Co., Ltd. Sumitomo bought only US$20 million in raw materials.
　　
　　As the largest dealer of Sumitomo Corporation, Bin Zhong Tainan does not think that an outsourcing company can cooperate with him in any big business.
　　
　　 However, Hamamaka Tainan didn't mean to ridicule him. Okamoto Junyao was considered his junior. If he could help him, he didn't skimp on a chance.
　　
　　 picked up the tea on the table and tasted it, Haminaka Tainan changed a comfortable position and asked: "Oh. Is your boss An Hui Koji who wants to see me?"
　　
　　 "No. It's Mr. Akiyama Kennan, my boss, Mr. An Hui."
　　
　　Bin Zhongtaiman was stunned while holding the phone. As the chief trader of non-ferrous metals at Sumitomo Commercial, he knew or knew more or less all of Japan's famous characters.
　　
　　 But what Qiu Shan Jiannan hadn't heard at all.
　　
　　 "Why does he want to see me?"
　　
　　 "Mr. Anhui told me that Mr. Akiyama would like to discuss with you the copper futures share in the London market. By the way, Mr. Akiyama is in London now."
　　
　　Nani?
　　
　　 Any cat or dog would like to come to discuss the copper share with me!
　　
　　 Binzhong Tainan couldn't help feeling a little ridiculous.
　　
　　 "Okamoto-kun, for your sake, I can give this Qiushan 15 minutes to build south. What do you think?"
　　
　　 "Thank you so much, my lord!"
　　
　　 "Oh. It doesn't matter. The weather in China should be pretty good now."
　　
　　 "Yes. The sun is very big and the temperature is still very high. Compared to London, it is more comfortable in China."
　　
　　 "......"
　　
Canary Wharf is not far from the financial district. Modern buildings and various architectural styles full of history can be seen everywhere along the way. These buildings are intertwined and present a unique style with the crowds coming and going on the street. Charm.
　　
　　 As the car drove smoothly, Shen Jiannan put down the information sent by the intelligence department ~ EbookFREE.me ~ dark eyes flashed with a dark light.
　　
　　 In 1970, Binzhong Tainan, who was only 22 years old, joined Sumitomo Corporation.
　　
　　 By the end of the 1970s, Binzhong Tainan went to the London Metal Exchange to participate in metal futures trading. At that time, he was mainly dealing with tin and nickel futures contracts.
　　
　　 At the beginning, he had no reputation, just an ordinary employee. But in just a few years, Binzhong Tainan began to show his talent in trading.
　　
　　 In 1998, his trading volume on London copper had reached 10,000 tons per year. In the early years, he had already had a place among the major international copper futures, and "Mr. 5%" and "Hammer" were called out at this time.
　　
　　 This is extremely unusual.
　　
　　 The high risk of the financial market is no different from the battlefield. On the battlefield, anyone who survives and is promoted is a well-deserved genius.
　　
　　 Not everyone is the kind of lucky guy like Washington, the founding father of the United States, who is so lucky that every time he is about to die, his superiors will die on the battlefield, relying on killing everyone and becoming the biggest winner.
　　
　　 Binzhong Tainan obviously did not only rely on luck to get to this day, this Mr. Hammer has been able to remain in Sumitomo for twenty years, his strength is evident.
　　
　　Be aware that Japanese trading houses usually adjust their traders every two to three years.
　　
"why you?"