Material Empire

"Just received the news that the Planning Commission asked the Northern Iron and Steel Works to put 500,000 tons of reserve steel on the market, including 300,000 tons of wire rod and 200,000 tons of round steel, to stabilize the prices of wire rod and round steel."

In the living room of the villa in the suburbs of Beijing, Sun Zhenjiang half-lyed on the couch, with a mocking smile on his face, and said to Pittston, who was busy sitting in front of a computer.

"This is the sixth time that your country's Planning Commission has used reserve steel." Pittston clicked on a Lotus form, filled in the number Sun Zhenjiang said, and then commented: "According to the information we have, the plan The total steel reserves of the Commission are less than 10 million tons, but now it has only been more than a month, and they have used 4 million tons, it seems that the officials in charge of this matter are very impatient."

"Of course." Sun Zhenjiang said, "Stabilizing steel prices is a request from the highest level. In China, this is called a political mission. Lao Pi, do you know what a political mission is? Do you think those old guys from the Planning Committee can not care about the task to be completed?"

Pittston was used to being called "Old Pit", he shrugged his shoulders, and said: "I like the political tasks proposed by your top leaders. Commission's reserves."

"The Planning Commission is replenishing the market this time, shouldn't we buy some of it?" Sun Zhenjiang sat up straight and asked Pittston seriously.

Sun Zhenjiang and Jiezi Fund teamed up to speculate on the steel market, and Pittston was a trader sent by Jiezi Fund. The strange thing is that while the Planning Commission kept throwing out reserves in order to stabilize steel prices, Pittston was not in a hurry to stock up, but instead asked Sun Zhenjiang to contact other trading companies to stock up to maintain the tight supply and demand in the market. Seeing his companions hoarding tens of thousands of tons of steel, Sun Zhenjiang felt itchy, and he became more and more unclear about Pittston's strategy.

Pittston laughed and said, "Don't worry, we have plenty of time to stock up. Don't the Planning Commission still have 6 million tons of steel in hand, are you still worried that we won't have enough to stock up?"

"That's not what I mean." Sun Zhenjiang said, "I mean, the price of steel is rising day by day. If you stock up the goods one day earlier, the price will be lower, and you will earn more? When people have finished stocking up on low-priced steel, we will Wouldn’t it be a loss if you buy at a high position?”

"On the surface, it's indeed a bit of a loss." Pittston kept it close.

"It's not just on the surface, is it?" Sun Zhenjiang said angrily. Pittston's words were too harsh. If it had been someone else, Sun Zhenjiang would probably have punched him long ago. But for Pittston, Sun Zhenjiang did not dare to do anything. He knew that behind the other party was a large consortium that he could only look up to, and the success of this operation to hype the steel market also depended entirely on the efforts of this consortium.

"Sun, don't be impatient. I hope you can learn how to operate funds from this operation." Pittston said in a earnest tone.

"You should call me by my first name." Sun Zhenjiang said, Americans like to call other people's surnames, but if Sun Zhenjiang's surname is called out alone, it feels like a disadvantage. Sun Zhenjiang would rather the other party call him by his own name.

Pittston shrugged again, changed his title and said: "Mr. Sun, I hope you remember that in this operation, we are dealers, not ordinary traders. Our funds must be reserved for the most critical Only in this way can it form the most effective impact on the market.

At this price, there are a large number of retail investors who are willing to hoard goods, so let them consume the reserves of the Planning Commission. When the price rises to more than 3,000 yuan, or even 3,200 or 3,400 yuan, these people may wait and see, or even prepare to ship at any time. At this time, a strong fund must be injected into the market to continue to raise the price, so that the market can truly go crazy. Think about it, who else can mobilize such a large sum of money except us? "

"I understand this truth." Sun Zhenjiang said helplessly, "But we don't buy until 3200 or 3400. If the price stops there, won't we do it for nothing? Lao Pi, do you really believe that we can sell The price has been raised to more than 4000?"

"I have the most accurate calculation model here, and you can completely trust it." Pittston pointed to the 486 computer in front of him and said confidently, "Steel is a commodity with rigid demand. Manufacturers don't need to buy Mercedes-Benz cars, but Steel must be bought, and no matter how much the price of steel rises, they will buy it. For downstream manufacturers, they can allocate the extra cost of steel to their own products. This is called... um, yes, called Policy-based price increases are something your government allows."

"I'm always a little unsteady." Sun Zhenjiang muttered, but after all, he decided to follow Pittston's arrangement. He has always felt that although he is already a billionaire, he is nothing more than a bumpkin in the eyes of the international community. If he wants to become a "foreign steamed stuffed bun", he has to learn how Westerners do business. The cooperation with Jiezi Fund this time is his attempt to transform himself.

"Sun, don't worry, the Jiezi Fund has never failed, you just need to do as I ask. Well, you have called Liang and Ling and asked them to find a way to transfer the 500,000 tons of the Planning Commission Steel eats it," Pittston said.

Sun Zhenjiang copied a "big brother" from his side, and dialed the phone number of his little friend Liang Zhaohui:

"Hey, Liang Zi, what are you up to?"

"Zhenjiang, what else can I do? I'm asking someone out for dinner. I'm so stupid, my buddy has been drinking with people these days, and I'm almost drunk." Liang Zhaohui said in a distressed tone on the phone.

"Anyone from the bank?" Sun Zhenjiang knew very well what Liang Zhaohui was doing, and knew that he was running between banks for loans.

Liang Zhaohui said: "Isn't it true that you can't discuss something at the wine table now? It's impossible for me to go to his old subordinates under the banner of the old man. Nowadays, everyone is very smart, and they don't have any special feelings." Admittedly, people only look at 'now'."

Sun Zhenjiang smiled and said, "I believe you have a solution. By the way, Liang Zi, let me tell you that there is news from the Planning Commission that another batch of reserves may be released in the near future and put in several markets. What Pittston means is, let your brothers eat this batch of goods, and not let the Planning Commission lower the price."

When Liang Zhaohui heard about this, he opened his mouth and cursed: "Fuck, that old man Wang from the planning committee is crazy, has he released five or six batches of steel reserves in just over a month? Zhenjiang, how many tons are there this time? "

"The news I heard is 500,000 tons, 300,000 tons of wire rod, and 200,000 tons of round steel." Sun Zhenjiang said.

"Zhenjiang, buy a plane ticket and fly over and strangle me." Liang Zhaohui yelled, "500,000 tons, all of which will cost more than a billion yuan. Where can I get so much money?"

"You find a few more people, let's eat together." Sun Zhenjiang said.

Liang Zhaohui lowered his voice and said:

"Zhenjiang, do you think that Pittston's words are reliable? The Planning Commission keeps putting out reserves, and now we eat the next batch as soon as we see one batch. When will it be the end? What if the Planning Commission There is enough side steel, we can't eat it at all, wouldn't we be blind?

Now the price of wire rod is 2,800 yuan per ton, which I think is already quite high. If I sell the goods I bought at 2,200 yuan now, I can make a net profit of 600 yuan per ton, and if I pay off the loan interest, I can still lose 10 to 20 million yuan. I think about there. If this continues, if the price does not rise but falls, we will be locked up. "

Sun Zhenjiang said disdainfully: "I said, Liang Zi, if you are a little promising, can you be satisfied with 10 to 20 million? Why is 10 to 20 million enough now? We have to run for a few hundred million! Earn. The Meson Fund is an international player and has a lot of experience. Pittston said that the price of this round of steel products must rise to at least 4,500, and if you sell it at that time, how much can you earn?"

"4500?" Liang Zhaohui grinned on the other end of the phone. He didn't believe that the price of steel could rise to that level, but Sun Zhenjiang's words were so convincing, and the Jiezi Fund provided the endorsement, so Liang Zhaohui couldn't say anything. .

For participating in the hype of steel products this time, Liang Zhaohui felt a bit like he was on a pirate ship, but it was easy to get on the ship and difficult to get off the ship, and he was also a little greedy, so he couldn't help himself until now. He doesn't believe the great future that Sun Zhenjiang described, but since Sun Zhenjiang predicted that the price of steel can rise to 4500, then maybe 4000 can be reached.

Liang Zhaohui can understand the consumption of the reserve steel thrown out by the Planning Commission. Only by continuously creating a shortage situation in the market can the price continue to rise. Whether it is steel users or some retail investors involved in speculation, they all have a mentality of buying up and not buying down. What they are doing now is to drive up the price and attract everyone to buy it, so that the price will rise further.

As for when to sell the goods, it needs to be grasped very precisely. It's a pity to throw it early, but if you throw it late, you will be caught. What Sun Zhenjiang told Liang Zhaohui was that he had to follow his instructions to decide when to sell the goods. However, Liang Zhaohui didn't want to entrust Sun Zhenjiang with hundreds of millions of dollars of net worth. He decided to clear the warehouse in advance before Sun Zhenjiang sold the goods, so as not to become the last baton in this relay race.

That's what he thought in his heart, but Liang Zhaohui wouldn't reveal to Sun Zhenjiang, he replied on the phone: "Okay, Zhenjiang, I'll listen to you, contact a few more people, and try to eat these steel products. "

After hanging up on Sun Zhenjiang, Liang Zhaohui sighed and dialed another number on his mobile phone. Hearing the sound of connecting from the microphone, he brewed his feelings for a while, and then said with a smile: "Hello, President Rao? I'm Xiao Liang. Are you free tonight? I would like to invite you to sit down for a while." sit."