"I just received news that the Planning Commission has asked Northern Steel Plant to release 500,000 tons of steel reserves to the market, including 300,000 tons of wire rods and 200,000 tons of round steel, to stabilize the prices of wire rods and round steel."
In the living room of the villa in the suburbs of Beijing, Sun Zhenjiang was half lying on the couch, with a teasing smile on his face, and said to Pittston, who was sitting in front of a computer and was busy.
"This is the sixth time that your country's Planning Commission has used reserved steel." Pittston opened a lotus form, filled in the numbers Sun Zhenjiang said, and then commented: "According to the information we have, the plan
The total steel reserves of the Committee are less than 10 million tons, but now, just over a month later, they have used 4 million tons. It seems that the officials in charge of this matter are very restless."
"Of course." Sun Zhenjiang said, "Stabilizing steel prices is a request put forward by the highest level. In China, this is called a political task. Old Pi, do you know what a political task is? A political task is to achieve the goal at all costs.
Do you think those old guys from the Planning Commission can ignore the task that needs to be completed?"
Pittston was used to being called "old skin". He shrugged his shoulders and said: "I like the political tasks proposed by your top leaders. If not, it would be difficult for us to mobilize plans so easily.
Committee’s reserves.”
"The Planning Commission is replenishing the market this time. Should we buy some of it?" Sun Zhenjiang sat up straight and asked Pittston seriously.
Sun Zhenjiang and the Meson Fund teamed up to speculate on the steel market, and Pittston was the trader sent by the Meson Fund. The strange thing is that while the Planning Commission continued to sell off reserves in an attempt to stabilize steel prices, Pittston was not in a hurry to stock up.
, but asked Sun Zhenjiang to contact other trading companies to stock up on goods to maintain the tight supply and demand situation in the market. Seeing his companions hoarding tens of thousands of tons of steel, Sun Zhenjiang felt itchy and became more and more concerned about Pittston's strategy.
It's becoming increasingly unclear.
Pittston chuckled 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 on hand? Are you worried that it is not enough for us 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 one day earlier, the price will be lower, won't you make more money? When people finish stocking up on the low-priced steel, we will
Wouldn’t it be a loss if we purchase goods at a high position?”
"On the surface, it does appear to be a bit of a loss." Pittston pretended.
"Isn't this just a superficial thing?" Sun Zhenjiang said angrily. Pittston's words were really too harsh. If it had been anyone else, Sun Zhenjiang would have fought each other with his fists. But for Pittston,
Sun Zhenjiang did not dare to take action. 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 speculate on the steel market 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 serious tone.
"You should call me by my name." Sun Zhenjiang said. Americans like to call other people by their last name, but if Sun Zhenjiang's last name is used alone, it would feel a bit disadvantageous. Sun Zhenjiang would rather be called by his first name.
Pittston shrugged again, changed his title and said: "Mr. Sun, I hope you remember that in this operation, we are bookmakers, not ordinary traders. Our funds must be reserved for the most critical period.
Use it at the right time, so that it can have the most effective impact on the market.
At this price, there are a large number of retail investors willing to stock up. Let them consume the reserves of the Planning Commission. When the price rises to more than 3,000 yuan, or even 3,200 yuan or 3,400 yuan, these people may wait and see, or even
Be ready to ship at any time. At this time, a strong amount of funds must be injected into the market. Only by continuing to raise the price can the market truly go crazy. Think about it, who else can mobilize such a large sum of money except us?
funds?"
"I understand this." Sun Zhenjiang said helplessly, "But we don't purchase until 3200 or 3400. If the price stops there, wouldn't our work be in vain? Old Pi, do you really believe that we can make it happen?
Is the price going to be over 4,000?"
"I have the most accurate calculation model here, and you can completely trust it." Pittston pointed at the 486 computer in front of him and said confidently, "Steel is a commodity with rigid demand. Manufacturers do not need to buy Mercedes-Benz cars, but
They have to buy steel, 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...well, by the way, it is called
A policy price increase is something your government allows."
"I'm always a little uneasy." Sun Zhenjiang muttered. However, after all, he decided to follow Pittston's arrangements. He always felt that although he was already a billionaire, he still had to get international money.
From his perspective, he is just a country bumpkin. If he wants to become a country bumpkin, he must learn the Western way of doing business. This cooperation with Meson Fund is his attempt to transform himself.
.
"Sun, don't worry. The Meson Fund has never failed. You just need to do as I ask. Okay, now you have called Liang and Ling and asked them to find a way to use the 500,000 tons from the Planning Commission.
The steel is eaten," Pittston said.
Sun Zhenjiang copied a "Big Brother" from beside him and dialed the number of his friend Liang Zhaohui:
"Hey, Liang Zi, what are you busy with?"
"Zhenjiang, what else can I do? I want to meet people for dinner. Damn it, I've been drinking with people these days. I'm almost drunk." Liang Zhaohui said in a bitter tone on the phone.
"Did you make an appointment with someone from the bank?" Sun Zhenjiang knew very well what Liang Zhaohui was doing, and knew that he was traveling between banks for loans.
Liang Chaohui said: "Isn't it right? We can't discuss anything at the wine table now? I can't even go to his old subordinates under the banner of the old man. People nowadays are so smart that they don't have any special feelings.
Yes, people only look at the 'present' ones."
Sun Zhenjiang smiled and said: "I believe you have a way. By the way, Liang Zi, let me tell you, there is news from the Planning Commission that another batch of reserves may be released recently and put into several markets.
What Pittston means is to 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 said a national curse: "Damn it, old man Wang from the Planning Commission is crazy. He released five or six batches of reserve steel in just over a month, right? Zhenjiang, how many tons are there this time?"
"
"The news I heard is 500,000 tons, 300,000 tons of wire rods, and 200,000 tons of round steel." Sun Zhenjiang said.
"Zhenjiang, you can buy a plane ticket and fly over and strangle me to death." Liang Chaohui shouted, "500,000 tons, if you eat them all, you will get more than one billion. Where can I get so much money?"
"Find a few more people and let's eat together," Sun Zhenjiang said.
Liang Chaohui lowered his voice and said:
"Zhenjiang, are you saying that Pittston's words are reliable? The Planning Commission keeps putting reserves out. Now we eat the next batch as soon as we see one. When will it be over? What if the Planning Commission...
There is enough steel, and we can't eat it at all. Wouldn't we be blind?
The current price of wire rod is 2,800 yuan per ton, which I think is quite high. If I sell the goods I bought for 2,200 yuan now, I will make a net profit of 600 yuan per ton. After paying off the loan interest, I can still save 10 to 20 million yuan. I think
It's almost there. If it continues like this, if the price falls instead of rising, we will be stuck."
Sun Zhenjiang said disdainfully: "I'm talking to Liangzi, can you be a little bit successful? You will be satisfied with one or two million? What is ten or twenty million enough for now? We have to go for hundreds of millions anyway.
Earn. Meson Fund is an international player and has a lot of experience. Pittston said that the price of steel will have to rise to at least 4,500 in this round. If you sell it by then, how much can you earn?"
"4500?" Liang Zhaohui grinned on the other end of the phone. He didn't believe that steel prices could rise to that level at all. But Sun Zhenjiang said it so categorically, and the Meson Fund provided endorsement, so Liang Zhaohui couldn't say anything.
.
Regarding his participation in the speculation of steel this time, Liang Chaohui felt a little bit like he was on a pirate ship, but it was easy to get on the ship and difficult to get off, and he was also a little greedy, so he couldn't help but get to where he is now. As for Sun Zhenjiang's depiction of Yuanda
He didn't believe in the future, but since Sun Zhenjiang predicted that the price of steel could rise to 4,500, then maybe 4,000 could be reached. In this case, he didn't have to rush to ship.
Liang Zhaohui can understand the idea of eating up the steel reserves thrown out by the Planning Commission. Only by constantly creating a shortage in the market can prices continue to rise. Whether it is steel users or some retail investors participating in speculation, there is a kind of buying
With a mentality of not buying when things go up but not when things go down, what they are doing now is to drive up the price and attract people to snap up, thereby causing the price to rise further.
As for when to sell the goods, it needs to be grasped very accurately. It is a pity to sell the goods too early, but it is a pity to sell the goods late, and you will be trapped. Sun Zhenjiang told Liang Chaohui that he should follow his instructions to decide when to sell the goods.
However, Liang Chaohui did not want to pin his hundreds of millions of yuan on Sun Zhenjiang. He decided to clear his position in advance before Sun Zhenjiang sold the goods, lest he become the last one in this relay race.
This is what he thought in his heart, but Liang Zhaohui would not let it out to Sun Zhenjiang. He answered on the phone: "Okay, Zhenjiang, I will listen to you, just contact a few more people and try to eat these steel materials.
"
After hanging up Sun Zhenjiang's call, Liang Zhaohui sighed and dialed another number on the mobile phone. Hearing the sound of connecting from the phone, he brewed his feelings for a while, and then said with a smile: "Hey, Rao Xing
Is it long? I am Xiaoliang. Are you free tonight? I would like to invite you to come out and sit for a while." (To be continued...)