Chapter 677 - Ore Negotiation (1/2)
Chapter 677: Ore Negotiation
Translator: _Min_ Editor: Caron_
After spending an afternoon in the special district, the pair didn’t return to the company after dinner, but instead, they went to the only five-star hotel in the area
It was a tender night
The next day, although he wanted to sleep in while hugging the adorable girl, he had to wake up early
Based on the schedule arranged by Jean, he woulda contract extension for iron and aluminum ore
BHP’s President Luke arrived at the special district andChen certainly is ruthless The developlai was already on your desk e ht?”
While Luke had a s Chen could still hear the displeased tone in his voice
It was inevitable since Jiang Chen screwed him hard
An aircraft carrier could carry up to 100,000 tons Penglai’s consumption of steel and aluminum were equivalent to at least one hundred aircraft carriers Iine if UA announced construction plans for a hundred aircraft carriers – hoould the iron and aluminum ore market turn out?
Especially since Future Group never said they only planned to build just one Penglai If Penglai becaht beco Chen ever considered exporting this marine city, orders would flood Future Heavy Industries
Hua would definitely be the biggest buyer
The reality was that compared to last year’s downturn in the metal ore market, iron and aluminum ores, in both future and spot markets, showed more substantial rebounds The 80Chen owned no doubt timed the market at the floor price with an additional 20 off the floor price
Luke had regretted signing the contract ever since but he couldn’t do anything about it In order to roup, BHP had to take the loss
While they agreed to take the loss, after supplying 40 million tons of ores to Future Group, if they wanted ain!
“With the increase in iron ore prices this year, the original price is no longer suitable”
“HowChen eyed Luke with a sive you a 10 discount”
“Based on the current lobal iron ore production reduction report through the International Mining Alliance a week ago and raised the prices of iron and alurin
Based on Jean’s data collection abilities, any published reports couldn’t escape her grasp After analyzing the information, it wasn’t difficult to find the correlation
Luke’s expression froze
He didn’t think Jiang Chen, as keen on the graphene market, would focus on the co, the International Mining Alliance report was only read by people within the industry, but to prepare for this negotiation, Jiang Chen did his hoo any lower It’s iree noe can sign the contract i Chen shook his head
“The Penglai City project has consumed a total of 199 million tons of steel and alu the post-war reconstruction of MLL Island and the development of the special district We have five deposits on MLL Island with proven reserves of over 40plan yet You don’t have toochips on the table Do you understand what I ’sand the anese, copper, nickel, cobalt and otheriron and aluminum ore were too low, so even if there were a handful of ironhad no plans to ers lightly tapped the table as she pondered how to close this deal Jiang Chen was observing hi for him to compromise
“You have iron reserves on MLL Island?”