The time entered late March, and Yang Peiqi, who had been busy for several months, was finally able to be free. Yang Peiqi originally planned to go back to her hometown in Jiangzhou, but she has not been home for two months since she left home on the New Year. However, Zhu Huanlin, the girl, proposed that now is the best season for the scenery of West Lake, and she wants to take him to West Lake for a good time.

For such a request, Yang Peiqi naturally can't say no, plus a trip home is to play for a day or two, it doesn't make much sense, it is better to go home and rest for a while after a while, and wait for the company to get on the right track.

At the end of March, the scenery of West Lake is indeed beautiful, which is in line with the ancient poem: the flowers are gradually charming to the eyes, and the shallow grass can have no horseshoe.

This chaotic flower is not only the flowers blooming on the shore of West Lake, but also the women who dress up and show off their branches. Because it's a weekend, many people from the cities around West Lake come here to spend the weekend.

Looking at the beauties that appeared around her from time to time, and thinking of that ancient poem, Yang Peiqi's thoughts couldn't help but be a little crooked. Well, this is also something that can't be helped, because he found that most of the people who accompanied those beauties were middle-aged Dashu millet, and there were even many gray-haired old men. A promising young man like Yang Peiqi is rare.

Of course, it's not that there are few young men who come to West Lake to play, it's just that most of them are alone, or they are surrounded by some female companions with very ordinary appearances.

It seems that in this era, if you want to be fascinated by the flowers, you have to have economic strength. It's just that I don't know if those middle-aged Dashu millet and white-haired old grandfathers can still sink their horse's hooves into the shallow grass.

Think of these. Yang Peiqi couldn't help but laugh, Nima. Labor and management are a little ruined, how can you think so badly about the pure year-old love between those beauties and those middle-aged Dashu millet and white-haired grandfathers. It's a picture.

The beauties around her saw Yang Peiqi staring at the beauties around her from time to time and laughing stupidly, and suddenly became unhappy, and stretched out her hand to use the killing move two-finger Zen, which directly brought Yang Peiqi back to her senses.

"Bad guys, what are you thinking? Laughing so cheaply......" Zhu Huanlin whispered in Yang Peiqi's ear.

Yang Peiqi's old face turned red, and she said curtly: "Why am I thinking about dirty things?" ”

"Do you dare to say that you weren't thinking about dirty things just now?" Zhu Huanlin glared at Yang Peiqi.

"Uh...... What I think about is a very pure thing...... okay" Yang Peiqi said weakly, "Look around, it's all pure year-old love, full of true love." ”

Zhu Huanlin listened to Yang Peiqi's words. I couldn't help but look around, and then I was speechless. The term "year-old love" is quite appropriate, but whether it is true love or not, Zhu Huanlin only has hehe.

"You guy, why is your mouth so poisonous?" Zhu Huanlin stretched out her arm and crutched Yang Peiqi and whispered.

Yang Peiqi laughed, and then whispered to Zhu Huanlin: "Actually, what I said just now was lying to you, and I laughed because I thought of two lines of poetry." ”

Zhu Huanlin was stunned. Asked, "Two lines of poetry?" What poem? ”

"The flowers are getting more and more charming, and the asakusa can have no horseshoe." Yang Peiqi said with a smile.

Zhu Huanlin said puzzledly: "Isn't this Bai Juyi's "Spring Trip to Qiantang Lake", what's so funny?" ”

Yang Peiqi smiled and said nothing.

Suddenly, Zhu Huanlin's face turned red. Then he gave Yang Peiqi a roll of his eyes. Because, she thought of a so-called new interpretation of these two poems that she saw on the Internet not long ago, a silver-slutted guy. These two lines of poetry are linked to the relationship between the woman.

Especially thinking of the beautiful thing that happened between the two last night, Zhu Huanlin was even more grateful. couldn't help but reach out again to perform the two-finger Zen stunt, and there was a 180-degree rotation around Yang Peiqi's waist. He whispered hatefully: "You guy, why are you so bad!" A good poem, what did you say about it? ”

"What did I say, I'm very pure, okay, it's because you're not pure and want to be crooked." Yang Peiqi said pitifully.

Just when the two were joking, Yang Peiqi's mobile phone rang, but it was Chen Lisha, who stayed in the central part, who called, saying that Baosteel had increased its price.

After Yang Peiqi heard the news, he was stunned for a moment, and then quickly recovered, but his mood was complicated.

Baosteel, which has always been regarded as a market vane, has raised prices against the wind in this sensitive period, what kind of interest chain is buried behind this?

Baosteel's price increase itself is nothing, but the timing is indeed a bit sensitive.

Why is it a sensitive matter now, it has to start with the pricing mechanism of iron ore.

Prior to 2009, the international iron ore pricing mechanism meant that from the fourth quarter of each year, the world's major iron ore suppliers negotiated with major customers to determine the iron ore price for the next iron ore year. If any of the miners agree on a price with the mill, the negotiations are over, and the others generally follow suit and accept the results. Each iron ore year starts and ends from April 1 of the current year to March 31 of the following year.

This pricing mechanism was formalized in 1981, and for more than 20 years, international steel companies and mining companies have followed this "rule of the game", forming a relatively stable international iron ore pricing practice. This practice mainly includes the following principles.

The first is the principle of the same variety and the same increase, that is, only the price of each variety of ore is determined, and the difference of different quality ores in the variety of ore is not considered. The second is the principle of following, the initial price agreed upon in the first negotiation will be accepted by all parties in the remaining negotiations, and become the standard price for the whole year and be followed. The third is the FOB principle, the price of iron ore is determined by the FOB price, without considering the shipping freight. Fourth, the principle of contract price, that is, the "long-term" price, once the international iron ore price is determined, the international iron ore products in the next fiscal year are bought and sold at this price, and are not affected by the fluctuation of spot prices. Fifth, the annual pricing principle, that is, the negotiation of the next iron ore year will be carried out from the fourth quarter of each year.

However, since the beginning of the 21st century, China's iron and steel industry has grown rapidly, and the demand for iron ore products in steel mills has been increasing. According to statistics from Huaxia Customs, China's iron ore imports hit a record high of 630 million tonnes in 2009, accounting for 68% of the world's seaborne iron ore trade. Iron ore imports from Australia and Brazil accounted for 64.4% of the total imports in the same period.

Huaxia began to participate in international iron ore price negotiations in 2003, and Baosteel, as a representative of Huaxia Iron and Steel Industry, participated in the 2004 annual iron ore pricing negotiations. Baosteel finally accepted the result of the negotiations on an 18.6% price increase for Japan's Nippon Steel Company.

The pattern of the negotiations is three-on-three, that is, the three major suppliers of Australia's BHP Billiton, Rio Tinto and Brazil's Vale, and the supply and demand sides of Baosteel, which represents Huaxia's steel industry, Nippon Steel, which represents Japan's steel industry, and representatives of Europe's steel industry. Since Baosteel entered the negotiations, it has received an initial price increase of 9.5% in 2007.

2008 was a pivotal year for changes in international iron ore negotiations. Japan's Nippon Steel announced that it has reached an agreement with Brazil's Vale on the price of two fines of different quality in fiscal 2008, which will increase by 65% and 71% respectively, which is the first time that the principle of "same variety, same increase" in the international iron ore pricing mechanism has been broken.

It is worth noting that in 2008, Rio Tinto of Australia did not follow the initial price, but imposed sea freight on iron ore sold to Asian steel mills (mainly in the Chinese market), and ended up with a higher selling price. In addition, under the long-term promotion of BHP Billiton in Australia, more and more iron ore transactions in the Chinese market have actually been settled at spot market prices, including sea freight, breaking the long-term "FOB principle".

After the rules of the game were broken, the negotiations between the supply and marketing parties in 2009 went extremely hard, and the negotiation time exceeded the deadline of April for the first time in previous years, and the agreement was not reached until the end of May. From an unpopular industry to one of the hottest industries today, the supply and demand for iron ore products has changed dramatically, with miners who used to be looking for steel mills now raising prices sharply, and buyers are increasingly squeezed as their reliance on iron ore increases.

Since 2010, the world's three largest iron ore suppliers have formed a united front on the change of iron ore pricing from long-term agreements to short-term contracts, which marks the beginning of a major change in the international iron ore price negotiation mechanism that has been in place for decades, and is likely to be replaced by a quarterly pricing system linked to the spot market.

Iron ore suppliers BHP Billiton of Australia and Vale of Brazil have announced quarterly pricing agreements with customers, and Rio Tinto, Australia's second-largest iron ore supplier, also issued a statement on April 9, 2010 that it is negotiating quarterly pricing plans for iron ore with customers.

In fact, since the second half of last year, steel prices plummeted, before the beginning of this year were in a state of recovery, since then because of the speculation of steel futures sharply increased the price, after January the ex-factory price has been in a state of smooth operation, until the latest price adjustment, although there have been clues, but at that time it was to cancel the preferential way.

And now it is the end of March, the first quarter of this year is coming to an end, and the second quarter of iron ore import negotiations are about to begin.

Baosteel's sudden announcement of steel price increases when it is about to start the new quarter of iron ore negotiations is obviously not beneficial to iron ore price negotiations.

According to the data, it is not the first time that Baosteel has raised steel prices before the iron ore price negotiation.

Today's beauties, the true love is often middle-aged Dashu millet and white-haired grandfather, and Baosteel's true love is actually not a Chinese company, but a Japanese company such as Mitsui and Nippon Steel.

Think about it, repeatedly raising prices before opening iron ore negotiations, this is absolutely full of true love for Japanese companies. (To be continued......)