Vol 2 Chapter 503: Source of steel

"Lao Pi, you think too much, the officials of the Planning Commission are not so smart. + Besides, even if they have such a calculation, they will not do it like this, can they watch the steel prices just go up?" Sun Zhenjiang said somewhat disapprovingly.
"What if they did it deliberately to seduce us?" Pittston asked. Previously, he had the same optimism as Sun Zhenjiang, and now suddenly thought of the possibility of being fooled, the idea was completely different. Many things are like this. When you don't think of a possibility, you will be optimistic. Once someone says that the key to it is broken, all the optimism will collapse instantly, and all the doubts that you didn't notice will be all Emerged.
"Sun, think about it, the Planning Commission has been putting steel on the market, but they have n’t enough each time, just enough for us all to eat. If they put 2 million or even 5 million tons at a time, we It would not have been possible to digest these supplies so boldly. In the past, we thought this was because the Planning Commission did not have enough reserves to do this. But now it seems that they always have tens of millions of tons in their hands. Reserves, but each time only throws hundreds of thousands of tons, it is clear that there is no intention to really control the market, but to deliberately let us have the illusion. "Pitts said sarcastically.
"You mean, the purpose of the old man of Wang Hongsheng is to let us eat the goods he threw out? But, what is the purpose of this?" Sun Zhenjiang still wondered, what is his hatred with the old man Grudge, there is no reason for the old man to pit him.
Pittston shrugged, not bothering to explain why. As a foreigner, he sees things differently from Sun Zhenjiang. Sun Zhenjiang felt that it was impossible for the government to deliberately set up a bureau to pit a company, but Pittston felt that it was normal for the market to cheat. I can calculate the other person, what is the reason for the other person not to calculate the other way around?
"No matter what his purpose is, this is the reality. We thought that the Planning Commission only had 10 million tons of steel, and in fact they had at least 20 million tons. This number was far beyond our expectations. It is even more terrifying The thing is, I even suspect that they have more than 20 million tons of steel in their hands. They are preparing to throw it out when we are unable to eat it, giving us a fatal blow. "Pittston said.
"20 million tons?" Sun Zhenjiang finally calmed down and thought about it, because the possibility described by Pittston was really too dark.
In order to conduct this steel speculation, Sun Zhenjiang spent a lot of money. He bought through several officials within the Planning Commission and asked them to disclose to them the internal information of the Planning Commission. For the sake of insurance, he is simply contacting these officials. These people do not know each other. Others are also insiders of Sun Zhenjiang, so there is no possibility of deceiving Sun Zhenjiang with a unified caliber.
From these officials. Sun Zhenjiang learned of the planning action plan of the steel supply and marketing system reform this time, and also knew that the planning commission had prepared 10 million tons of steel reserves in order to prevent excessive price increases. Because this number is very important, Sun Zhenjiang repeatedly verified it many times, and also sent people to visit several large steel mills to confirm that the number is correct. It is precisely because he has mastered such core information that he has so much confidence to do a big job.
When the Planning Commission successively used its reserves to stabilise prices, Sun Zhenjiang felt that he was well-informed and was not worried. He first let Liang Zhaohui and Ling Yiping eat steel. When these little brothers' funds were almost exhausted, he started to use his own funds and funds from meson funds to enter China through underground channels to continue stockpiling. Waiting for the Planning Committee's reserves of steel to run out, you can make waves.
When the steel thrown by the Planning Commission exceeded the original range of 10 million tons, he was slightly surprised, but immediately received news from the Planning Commission that the steel was raised for some reason. It was the Planning Commission. Last hope. Watching steel prices on the market keep rising. Coupled with rumors that the central leadership is extremely dissatisfied with the work of the Planning Commission, Sun Zhenjiang believes that the Planning Commission is indeed poor in Qianqiang, and it is difficult to collect hundreds of thousands of tons of steel for such a large market. But it's nothing, and it can't solve any problems.
Sun Zhenjiang did not notice that when he repeatedly explained the rescue plan of the Planning Commission with optimism, the steel commissioned by the Planning Commission had reached more than 20 million tons, which was more than double the number he had originally grasped. Through the use of strategic reserves or overtime production, it may be possible to increase the supply of hundreds of thousands or 1.8 million tons, but to say that a total increase of 10 million tons is impossible.
However, this extremely impossible thing actually happened. Isn't this a weird thing? Since Pittston's statistics are correct, there is only one explanation, that is, the Planning Commission concealed its strength from the beginning. And what is the purpose of concealing strength, can Sun Zhenjiang still think of it?
"Lao Pi, you said, did the planning committee get support from where?" Sun Zhenjiang asked.
"Who can provide support to the Chinese Planning Commission? Unless it is ..." Pittston said here, suddenly hesitated, he thought of a possibility: import!
To come to China to speculate on steel, it is certainly impossible for Pittston to think that the Chinese government will make up for the supply and demand gap by importing steel. The meson funds have predicted that the Chinese government's foreign exchange is extremely scarce, and even if steel is to be imported, the quantity is very limited, which is not enough to control the entire market. During this time, Pittston was operating in China, and meson funds were not idle abroad. Monitoring the Chinese government's purchases abroad is an important task for them. Information returned from abroad shows that the Chinese government has not increased the scale of steel imports, which has led Pittston to relax his vigilance.
However, when the Chinese Planning Commission continued to produce steel, Pittston suddenly realized that the monitoring of the Chinese government's overseas procurement behavior by the meson fund was likely to fail, because only the international market could provide China with With such a large-scale supply of steel, it is impossible for China's domestic steel companies to increase so much capacity out of thin air.
Thinking of this, Pittston picked up the phone and dialed directly to the USF headquarters in the United States, raising his doubts to the staff there.
"Pittston, you should trust our work." Cooper, a technician responsible for gathering international market intelligence, muttered dissatisfied over the phone. "We monitor the actions of several major Chinese import and export companies on the international market. They The quantity of imported steel has not exceeded previous levels. "
"Cooper, did you just monitor the business of those import and export companies? Have you ever paid attention to the import behavior of other Chinese institutions?" Pittston asked.
Cooper said: "Don't be stupid, Pittston, the Chinese government's commodity procurement is divided. Apart from these companies, other companies are not responsible for steel imports. As for those enterprise-level sporadic purchases, you will not Do you think it has any impact on the macro data? "
Pittston said: "You are talking about the division of labor under normal circumstances, but the situation is not normal now. I very much suspect that the Chinese Planning Commission has adopted a blind-eye method, which has kept several large trading companies calm and at the same time with the help of some The small companies that are eye-catching come to import steel. Haven't you conducted surveys on the major steel markets around the world? Haven't asked various large steel companies? By the way, you'd better go to the shipping market to see if you have recently shipped to China. Ships of steel, transporting tens of millions of tons of steel is not a trivial matter, and ordinary 30,000 tons bulk carriers need to transport hundreds of times. "
"Well, if you really need this data ..." Cooper seemed to be helplessly compromised, and in his mind, he realized that he might indeed have made an empirical mistake. But can this blame him again? With so many clues in the steel market, steel mills, and shipping companies, how could they be staring every day?
It has to be said that as a multinational speculator, the subsidiary companies are still very dense. In less than an hour, Cooper's phone call made to China. The information he provided to Pittston made Pittston and Sun Zhenjiang suddenly dumb.
"We have found out that there is a Chinese company called Daqin Group that has purchased a lot of 12 million tons of steel in the Japanese and European markets in the past two months," said Cooper.
"What, 12 million tons of steel! How could you know nothing about such a large-scale transaction!" Pittston only hated that the telephone line was not thick enough, otherwise he would rush in and rush to the United States to kill Koop. ~ EbookFREE.me ~ Sorry, Pittston. "Cooper's voice was a little timid," they were dealing very secretly. In Japan, they purchased steel from Nippon Steel and other companies through Chunshan Company as an intermediary. They also specifically told Nippon Steel not to disclose the status of the transaction. In Europe, they contacted steel magnate Leonardo, and they did not know what kind of internal agreement they had reached. Leonardo actually agreed to apply for a $ 2 billion seller credit for him from the European market. Imported steel. "
"The Daqin Group ..." Sun Zhenjiang was standing next to Pittston, thinking of the name, his face was a little pale, "I have heard from the Planning Commissioner that this is the secret weapon of the old man Wang, the old man said to this house The company has high hopes. I have asked people to investigate that they do have three iron and steel plants, but the annual production capacity is only over 10 million tons, so I did not take it to heart. It seems that I am wrong, and the old man is using This company does cover and imports steel. "
"This means that the Planning Commission realized from the beginning that there was an inner ghost, and deliberately released the wrong information through the inner ghost. The only purpose was to let us be fooled!" Pittston put down the phone and said with a cold voice. (To be continued ...)
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