After hearing Xie Zhiqing's detailed introduction, Li Rui learned what was going on.

The price of iron ore suddenly fell and the international market fell into panic, which led to a series of chain reactions.

When the steel trade was booming, the Baiziwan market was crowded with hundreds of millions of dollars flowing every day. The gathering of money was like a piece of fat, attracting various financial institutions like flies to participate.

Steel trade and banks hit it off and were closely tied together. Steel products once became the most favored financing collateral for banks. Banks purchased banks by using loan transfer, deposit-loan linkage, floating interest rate split, acceptance bills, and proportional ratios.

The provided financial products, funds, insurance products and other methods further increase the leverage of the steel trade industry, creating the illusion of prosperity of steel trade in the short term.

When the industry illusion reached its peak, there was a saying in the steel enterprise circle in some places that as long as you have 10 million yuan in funds, you can withdraw 40 million yuan from the bank.

The specific method is to first use 10 million yuan loan as a joint guarantee loan, borrow 20 million yuan from the bank, use this 20 million yuan to place an order to purchase goods, then use the goods to mortgage the 20 million yuan bank acceptance bill, and then take the bill to another one

A bank discount.

After a while, 10 million has become 40 million, making the steel trade industry extremely prosperous and prosperous.

This situation is like passing flowers by beating a drum. When the industry is thriving and rising, everyone who receives the flowers can make money, and of course everyone is excited.

But all this prosperity is based on the continuous influx of funds to take over, and also on the payment of downstream companies. Once the market becomes sluggish, external funds no longer enter, downstream no longer pays, and the capital chain becomes unprecedentedly tense, as long as there is any link.

If a default is done, a chain reaction will occur in one link after another, which will lead to the collapse of the entire game.

The most terrifying thing is that when a default occurs, the banking industry will always use the method of adding fuel to the fire that they are best at: reducing or recovering loans, or even stop lending to the entire steel trade enterprise.

The capital chain of steel trade enterprises is dancing on the tip of the knife, and they rely on living between banks. Once the banks tighten, they will immediately lose their ability.

In just a few days, seven or eight bosses ran away in Baiziwan market alone. Tens of thousands of tons of iron ore piled up on the docks of Dengzhou Port, Tanggang and Haizhou Port, no one took over. A few days ago

The still popular steel trade industry instantly became deserted and deserted.

With pessimistic news coming from several international iron ore giants, the industry is even more sluggish. Huaxin Pacific's magnetite project in Australia was originally planned to open its first production line by the end of this year, but it was announced yesterday that it would be postponed for half a year.

The central and western iron ore project invested by Huagang has been abandoned for several years, and it was directly announced that due to port and railway construction, it will not be put into operation until 2017 at the earliest.

Under this situation, the investment in the Ximangdu No. 1 and 2 mining area is quite as heroic as a moth to the flame!

Moths flew into the fire, because they didn't know that fire was fire.

The Power Consortium is not a real moth, nor does it realize that it sacrifices its own interests for the sake of national interests. When it sees something is wrong, it immediately backed down.

Dengzhou Port still wants to persist, after all, they represent national interests.

Luqiao Group was intrigued by the idea of ​​retreating. They were originally from aluminum, but this time they targeted Ximangdu to try diversified operations, rather than looking for a dead end.

Vili Group is originally a Lion City enterprise, and it only takes the lead in organizing a consortium for the sake of interests. Once it is discovered that the Ximangdu project not only has no interests, it may bury itself in it. Of course, it is how far it is to travel as far as it can!

The three companies have disagreements. First, there was an internal strife, and then Weili Group unilaterally announced that it would no longer participate. Luqiao Group also pretended to be dead. How can the remaining Dengzhou Port support the remaining Dengzhou Port?

The news came back to the Mining Association, and I was stunned from the bottom.

Originally, the Ximangdu project was progressing very smoothly. The Weli Consortium won the No. 1 and 2 mining area, and Hua Aluminum participated in the No. 3 and 4 mining area. After taking this super mine, it can ensure that Hua Guo obtains it in the international iron ore market.

It affects the right to speak in pricing and can also solve the iron ore supply problem in the next decade.

As a result, the situation changed, Rio Tinto, the major shareholder of Hua Aluminum, immediately announced the suspension of development, and the recovery date was set. The Weili Consortium even collapsed directly in internal strife, almost causing an international joke!

The Mining Association, which is the driving force behind it, was slapped in the face, and President Tian slapped the table on the spot!

If slapping the table is useful, President Tian may smash the desk directly, but slapping the table cannot bring back the Vili Group, and he can't even slap the Luqiao Group, which pretends to be dead. ωωw..net

After all, no one knows how long the crisis caused by the iron ore price cut lasts, three months, half a year, one year, two years, or ten years, or eight years?

In this case, who dares to take risks with tens of billions of dollars?

At the first day of the Mining Association, it also planned to save the situation and re-match the Viagra Consortium bid.

I worked all night without any progress.

At the second meeting held last night, the Mining Association began to study a remedy plan, and someone asked whether Xingrui could be invited back.

As soon as the proposal came out, the conference room was silent, and the expression on everyone's face seemed to have eaten a fly.

Xingrui is indeed a good company, with determination, ideas, strength and sentiment. Each of them has read the suggestion written by Li Rui, which can be said to be a gem, from the inside out, from the present to the future.

From macro to micro, from market economy to international situation, the analysis of the Ximangdu project is extremely thorough, and a little modification can be used as a guiding opinion!

But it is because Xingrui is so good that they are in a dilemma.

Half a month ago, in order to ensure national interests, they made Xingrui voluntarily give up the Ximangdu project.

After turning around, I was going to invite Xingrui back?

Not to mention whether Xingrui is willing or not, where will the Mining Association put its face?

Someone said on the spot that unless you really can’t find a takeover, then consider Xingrui.

Then everyone racked their brains to find the takeover warrior. Hua Aluminum was still suffering in the No. 3 and 4 mining area. Hua Steel was trapped in Australia and couldn't take care of itself. Baosteel Han Steel Han Steel Wu Steel Hai Steel Ning Steel... The domestic well-known companies have found one of them.

, All companies only replied one sentence: Let’s consider it!

This is to give face to the mining association. When someone asks them if they take over the iron ore project, they will probably just reply with dirty words!

The meeting started until after five o'clock in the morning, and finally someone couldn't help it and said, "Otherwise, ask Xingrui again?"

This is the reason why Xie Zhiqing called Li Rui early in the morning.

After hearing this, Li Rui sighed in his heart.

What should be avoided is still not to be avoided. It seems that Ximangdu and himself are really destined to be destined.
Chapter completed!