Chapter 788 . A strong man breaks his wrist

(Three more, there is something tomorrow, try to update)

Steel prices are still falling, and the decline is still accelerating, from falling three or five yuan a day to falling fifteen or twenty a day. Everywhere there are legends that Huang Wenbin bought dozens of ships, which were later used to transport steel from abroad. This time, millions of tons of various steel products have been bought, all waiting at the port to prepare for unloading. In the future, the price of steel will be greatly reduced, and foreign steel will be cheap and of good quality. Yang Mu went to check, and there was no shadow at all. But rumors have always been rumors, and rumors have always been rumors, and rumors have broken their legs, no matter how hard Yang Mu tries to publicize them, he can't stop Gangjia from sliding all the way. He couldn't hold his breath and asked Yang Bo to discuss.

"What the hell is going on? What tricks does Huang Wenbin want to play? Yang Mu asked.

"He shipped a lot of goods and kept the price down." Yang Bo's head was full of sweat.

"Nonsense, of course I know what he did, I'm asking him what he wants to do when he lowers the price!" Yang Mu said.

"It is said that his batch of foreign steel is very cheap." Yang Bo said.

"There's no reason to keep the price down, who thinks they have a lot of money!" Yang Mu said, "The higher the price, the more you earn." ”

"He's in a hurry to collect cash for the shipper." Yang Bo was not sure, "I heard that as soon as the ship arrives at the port, it will be paid immediately." ”

"He can mortgage the steel to borrow! I've been playing this trick for so long, why didn't I suddenly stop playing it at this time. Yang Mu was puzzled.

"He can find a source of low-priced steel, and there is no point in hoarding high-priced steel." Yang Bo said, "So many foreign steel impacts the market, which will lead to price reductions." If we also ship together, the price of steel will collapse. It is better to make a splash on your own first, so that the price of steel will come down, so that those of us who are hoarding high-priced steel will lose money as soon as they ship, and he can take the opportunity to occupy the market with low-priced foreign steel. ”

It makes sense, but Yang Mu is still not at ease, "Could it be that Huang Wenbin already knows something, and steel prices are really going to fall?" ”

"This ...... We are staring at both sides of the remediation of small steel mills and iron ore negotiations, so there should be no problems. Yang Bo said.

"It shouldn't be a problem." Yang Mu also comforted himself, "Secretary Tang's news said that the local government has not yet realized its mistake, and it is not ruthless enough." There is also a stalemate in the iron ore negotiations, and it is impossible for the steel association to make concessions, and it is impossible for the three major mines to make concessions. If you let it this year, what will you do next year, and if you let it go every year, their profits will be gone. Other countries can reduce prices when they see Huaxia's insistence, and they will also learn from ......" But he has never been at ease, Huang Wenbin's news is more well-informed than Yangmu, and it has been verified many times, "It's better to ship some goods first, you take out 100,000 tons of steel and try it first." ”

Although Yang Mu took the right decision, it is a pity that the steps are too small to catch up with the market trend, the 100,000 tons of steel have just been sold, and the steel price has begun to collapse. Yang Mu hurriedly increased shipments, but the more he added, the faster the steel price collapsed, and with a hesitation, the steel price quickly slipped towards the abyss without looking back. "The market price has dropped by a hundred?" Yang Mu was shocked, "How can it drop so much?" ”

"It's more than a hundred, this price is fake, there is no buyer at all, there is a crash everywhere!" Yang Bo said.

"What the hell is going on?" Yang Mu's phone rang, and he picked it up and answered, "What! Are you serious? ”

"What's wrong?" Yang Bo asked.

Yang Mu put down the phone, there was no blood on his face, "The boss called Secretary Tang back." ”

"What?" It took Yang Bo several seconds to understand what he meant, "The operation to remediate the small steel mill has stopped?" ”

"It's a good thing to say that environmental protection is good, but don't affect the local economy too much." Yang Mu said, "The shortage of steel has affected the implementation of the national four trillion plan." ”

"The economy is in charge." Yang Bo also understood, "Then we ......"

"Hurry up and ship! Ship at a lower price than the market price! Yang Mu shouted, "Why do everyone know, we only know!" In fact, he also understood that not everyone knew about it, but only Huang Wenbin knew it in advance. But Huang Wenbin controls Beitian Company, Beitian Company controls more than two-thirds of the steel trade in Hebei Province, and Yangmu is against the entire market. It would be nice if there was exclusive news, but now even the news is behind others. Yang Mu regretted this in his heart, why did he only care about looking at Secretary Tang, but he forgot that Secretary Tang was still subject to a higher level of control. Now is the era of economic leadership, GDP is the last word, no matter how strong Secretary Tang's wrist is, no matter how hard the background is, it cannot affect economic development.

"Yes, I'll arrange it right away." Yang Bo ran out.

"How so?" Yang Mu only inherited the marketing network of Han Guang's family, and it has been eaten up a lot by Beitian Company for a while, Beitian Company has fifteen shareholders, the expelled Sun Liyan, the channel also fell into the hands of Beitian Company, and the channels of other big traders have been encroached upon a lot, no wonder Huang Wenbin spent so much effort to establish Beitian Company, and spent so much money to maintain, several shareholder rebellions have been suppressed with both soft and hard, and it is really worth it.

"If you can get out of it this time, you will definitely not do it against Huang Wenbin next time, at least not in business." Yang Mu secretly made up his mind. As for what it means to get out of the way, Yang Mu originally felt that it was acceptable to lose one billion and eight billion, but later he felt that two or three billion was no problem, and then he felt that three or four billion was also considered to be a way out, and in the end he even felt that even if the more than 10 billion he earned from the last steel speculation was lost, it could be regarded as getting out. It's a pity that the market is very cruel and ruthless, and Yang Mu's last wish has also been disappointed.

"Father-in-law, father-in-law, it's not good!" On this day, as soon as the morning dawned, Yang Bo suddenly heard a piece of news and ran over.

"What's wrong?" Yang Mu asked.

"There are rumors in the market that the iron ore negotiations are about to break through, and the three major mines have made concessions and promised a 35% reduction." Yang Bo said.

“35%!” Yang Mu gasped, still comforting himself, "It doesn't matter, it's only 35%, and the Steel Association requires 40%, and it's not okay to have less." ”

"The three major mines also said that in order to show their sincerity, the price of spot iron ore has also been reduced, regardless of the quantity of supply, and how much is ordered." Yang Bo said.

"Is this true?" Yang Mu was stunned.

"I ...... I don't know, but it's all spread in the market. Yang Bo said.

"In other words, the two pillars that support steel prices have collapsed." Yang Mu said calmly.

"It's not necessarily true." Yang Bo said.

"It must be true, even if it wasn't true, but everyone thinks it is, it's true." Yang Mu said, "No wonder Huang Wenbin cleared the goods, so ruthless ......" He took out his mobile phone and wanted to verify the relationship, but before that, there were more important things to do, "You go and clear all the steel in our hands, no matter what the price, as long as you can recover the money, we will sell it all!" ”

Originally, steel is a kind of thing, it will not deteriorate after a few months, and it is a standard industrial raw material, and the amount is very large, if it is your own money, the price will fall if it falls, and if you put it for a few more months, how will the price also rise. It's a pity that Yang Mu learned Huang Wenbin's revolving loan method, took out a loan when he bought steel, and bought steel when he got the money from the loan. If the price of steel rises all the way, then this round can make money. But if the price of steel falls, this round can all lose money.

"Yes." Yang Bo trotted out.

Soon Yang Mu knew that the news circulating in the market was not fake, but unfortunately it was useless, the price of steel fell in an avalanche, and when the new news came, it was even more lawless, not only breaking through the cost line, but even going down to the two-word head, and the price of some steel has reached the threshold of more than two dollars - the bulk carrier carrying foreign steel entered the port and docked, and the steel pipes and steel plates were piled high, occupying the entire port. Such photos made the news and spread to thousands of households.

"It's all fake! Taken from a specific angle, in fact, there is not much of this pile of steel at all, and connoisseurs can see it! Yang Bo said excitedly.

"Connoisseur?" Yang Mu shook his head, "There are a few connoisseurs, even if they are connoisseurs, and a few can calm down and look at the photos." As soon as the ship arrived at the port, Huang Wenbin went up to greet him in a high-profile manner, and there was a lot of crazy news everywhere, saying that the price of this batch of steel was very low, and that there were hundreds of ships behind, all full of steel, and they would soon arrive at the port. At this time, Yang Mu had already found out that there were no hundreds of boats at all, not even dozens of boats, only a few boats. But these words are light and fluttering, where there is a port full of steel is convincing. No matter how hard Yang Bo tries, he can't sell much at all, the buyers have all disappeared, and the price of steel has collapsed too fast, and no one dares to enter the steel.

"Father-in-law......" Yang Bo asked, "Are we going to step up shipments now?" ”

"No, don't come out." Yang Mu said, "The price is too low, so keep it." ”

"However, we have a lot of borrowings that are coming due." Yang Bo reminded him in a low voice.

"There's no way around it." Yang Muyi gritted his teeth and said, "We all use steel collateral to borrow, and we can only ...... at this time Let them reap the steel. ”

"This ......," Yang Bo opened his mouth, and finally only said, "Yes." ”

Yang Mu mobilized the connections of the whole family, in order to mortgage so much steel, if you regret not to pay back, it doesn't matter when the price of steel is still rising, it doesn't matter if it's flat, and even a small loss is no problem, but now the steel is an avalanche of decline, Yang Mu does this, which is equivalent to offending all these connections. In the future, it is considered light to die and not get along, and most of them will have to face countless retributions. There's no way to get out, even if you fill in all your net worth.

The only way is for the strong man to break his wrist and release all the steel. It's hard to rebuild once it's broken, but it's better than going bankrupt. Anyway, there is still the Hai family, and Huang Wenbin can't go too far. With billions of money that can be cashed out, you can still live the rest of your life. Not to mention anything else, Li Weimin still has 30 billion in cash...... At this time, Yang Mu suddenly remembered that he still had a hole in the boss that had not been filled, and the contract he signed with Li Weimin!