Several traders found that the price of pure iron sintered sand rose rapidly after receiving the news of BHP Billiton’s bankruptcy protection.

"Feed Li to buy 50,000 tons of iron ore?"
"The current price is 136 yuan …"
"Eat as much as you buy two thousand."
Several traders were dancing with their hands and keyboards while holding words. The price of iron ore on the futures trading page soared and once approached 2 yuan’s per ton.
Many people have been fucking or talking in a hurry since noon.
Li Hongwen, the top general manager’s office, is not surprised by the market reaction. The enemy has proved that the era when companies such as Bluestar Mining want to dominate the ball ore market is coming.
The former iron ore price is obviously on the low side. According to the market evaluation of various financial institutions, the iron ore price should be 22~2 yuan per ton, which is the normal market price.
Many financial institutions buy market futures by backdoor, and they bet on BHP Billiton that companies such as Blue Star Mining will raise the price of iron ore after they fall.
Sit tight in Diaoyutai Song Shijia and several of his mining group bosses laughed.
"Peach Blossom Fan said that it is better to see him from Zhu Lou to his banquet guests and see his building collapse."
These words are not only about BHP Billiton, but also about financial speculators.
Luo Tuo shook his head and said, "I don’t know how long Rio Tinto, Vale and FMG can last when the BHP Billiton building collapsed."
"It’s time to close the net soon." Song Shijia took out a document, which was their previous plan.
When it comes to this matter, the vice president of Minmetals Corporation is a little worried. "The former acquisition of Rio Tinto by Chinalco was blocked by Australia, and the other party may do the same thing this time."
Song Shijia was very calm. "If we don’t go to them today, we can stop them from playing dead. What kind of fresh radish skin are they relying on second-rate ore and agricultural products?"
In fact, this time the situation is really different from the acquisition of Rio Tinto by Chinalco.
At that time, Chinalco had a dozen market cards besides banknotes.
At present, the six major mining groups have the largest and most homogeneous ore production, and the lowest ore production is also supported by the largest metal smelting market and industrial countries.
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How to lose with a king’s hand?
Base is invincible, even if there is no way to buy mining alliance, it can lock up Australian mining companies.
"They will promise that if they don’t promise, we can bring down BHP Billiton and other mining industries." Song Shijia’s eyes flashed with cold eyes.
The new chairman of Luotuo Mining Association also participated in the strategic planning of mining alliance.
Really want to bring down his mining company that help ABCD three axes.
The first step is to raise the price of ore and induce the other party to expand production capacity. To expand production capacity, it is necessary to purchase equipment, build infrastructure and hire workers.
Wait until the other party goes into production and directly come back to a high level to turn ore production into a profitable business.
After a large amount of investment, the market price has plunged before it enters profit. Many companies will directly break the capital chain if the debt ratio is too high, and even go bankrupt directly.
Foreign-funded enterprises are different from Chinese enterprises, and it is difficult to survive unless they get special protection.
Although this method is simple, the market, raw materials and processing all occupy the core situation, which can cause a fatal blow to all industries
This is also the tried-and-true trick of ABCD, an international food group. Except for China, few enterprises and regions in the world can withstand their impact.
On the second day after BHP Billiton filed for bankruptcy protection, the three negotiating teams, Lituo, Vale and FMG, requested to see Li Hongwen again.
Li Hongwen didn’t refuse this time.
The two sides met at the negotiating table again after half a year.