On April 15, 2022 in the Gregorian calendar, the Chinese government announced a new round of domestic infrastructure plans, kicking off a large-scale infrastructure construction.

Driven by this grand plan, the demand for steel has increased significantly, and many steel companies that have been reducing production for many years are running at full capacity to produce.

This has also driven the demand for iron ore.

In the past, when the three major mines took the opportunity to raise the price of iron ore, but this time they were unable to raise the price - because the road and port construction in Utan Prefecture in country T has reached the initial goal and has a strong transportation capacity, Daxia Mining has successfully expanded production, making up for the huge demand for ore from Huaxia Iron and Steel Company.

In recent years, the price of iron ore in the international market has fluctuated greatly, and this fluctuation is caused by Huaxia Iron and Steel Company.

At the beginning of this century, because of the needs of infrastructure construction, China's steel production increased at a terrifying rate year by year, which pushed up the price of iron ore in the international market a lot, which led to a one-time price increase of 80% in violation of the agreement of the three major mines.

It was only after that incident that the Chinese saw through the so-called contract spirit of Westerners and faced the interests of reality, they were not worth bullshit, lost their illusions, and began to search for minerals all over the world.

Since then, the pace of development of Africa has also accelerated considerably.

In the past, it was just an idle move, but by that time it was already an imminent big thing.

When it did not find the resources that could replace the three major mines, Huaxia also made a move, that is, to greatly reduce the production capacity of major iron and steel companies, remove the serious pollution and waste of local steelmaking products, and reduce the demand for iron ore, so as to lower the price of iron ore.

The only way to reduce dependence on the three major mines and get rid of their price hijacking is to use this kind of self-severing method.

The good thing is that the demand for iron ore in the international market has been greatly reduced, the price has fallen sharply, less than half of the high price, and the three major mines have even suffered losses on their books.

Kangaroo country and China are at odds, which is also a big factor - China's production reduction policy has caused the kangaroo country's ore export revenue to drop significantly.

The disadvantage is that the infrastructure frenzy that has risen since the 4 trillion bailout has begun to cool down, affecting China's economic development and modernization.

- Roads and bridges are not accessible in many places, so what are you talking about modernization?

Although China's infrastructure has developed rapidly in recent years, the world has been eye-catching.

However, Huaxia's plate is too big, the foundation is too thin, and the infrastructure construction in many places is actually very poor, and larger-scale construction and development are needed.

And Huaxia also has that ability to carry out larger infrastructure construction.

Therefore, the three major mines are not very worried about the temporary drop in the price of iron ore, and they know that Huaxia will inevitably carry out the next round of larger infrastructure construction, which will require a large amount of steel.

As a result, the value of their iron ore will skyrocket, and they will soon be able to earn a lot of money.

It is precisely for this reason that although they have losses on their books, when Huaxia's companies want to buy shares, they all shout astronomical prices.

They have great confidence in the future price of iron ore, or in the economic development of China.

After several years of waiting, the Chinese government finally announced the start of a new round of infrastructure construction.

However, the majority of the iron ore purchased by those steel companies fell on the side of Daxia Mining, and they did not reap much benefit at all.

I thought that the price of iron ore in the international market could at least take the opportunity to increase more than double, but who knew that the price only increased by about one percent.

And what's even more annoying is that even if it is a percentage of this promotion, most of it has been eaten by Daxia Mining.

There is no way, among the major shareholders of Daxia Mining, there are several large steel companies in Huaxia, which belong to the community of interests and will definitely give priority to the purchase of iron ore from Daxia Mining.

Although Daxia Mining is a company registered in country T, the investors are all Chinese and have a strong official background, and it is impossible for the three major mines to make a price alliance with them.

The Huaxia government announced the start of a new round of infrastructure construction, which comes after Daxia Mining expanded its production capacity.

The expansion of Daxia Mining's production capacity was after the completion of the first phase of the railway and port project in the Daxia Special Economic Zone.

This link is all planned for a long time, and there is nothing to do with the three major mines at all.

In this round of infrastructure construction in China, the three major mining companies will not get much benefit.

The iron ore grade and reserves of Daxia Mining are comparable to the existence of the three major mines.

There is no reason for Huaxia's steel companies not to choose their own products, but to be held hostage by the prices of the three major mines.

In the face of an opponent like Daxia Mining, it is difficult for the three major mines to gain the upper hand.

Fighting a price war, first dumping at a low price, cutting off the interests of competitors to force or annex the other party, and then raising the price to earn back after gaining a monopoly position, is a good method, and it is also a method they often use.

But this trick didn't work for Daxia Mining.

Daxia Mining has so many shareholders of large steel companies, both sellers and buyers, self-sufficient, it is impossible to force them to death.

And it is also a bit ridiculous to have a price war with a Chinese company based in Africa.

The labor costs on both sides are very different, the difference is several times, the same price, Daxia Mining can make money, the three major mines can only lose money, how to fight this price war?

Now the price of iron ore has risen by one percent, and the three major mines have only lost a little less, while Daxia Mining can make a lot of money, which is the gap between the two sides.

Mr. Xia would rather sell the equity of Daxia Mining at a low price, but also to attract those investors from Huaxia to cooperate, not simply patriotic, there are still very important interests in the choice.

Only with his back to the strong motherland can he gain a firm foothold on this battlefield.

Otherwise, why should he compete with the three major mines?

Now Daxia Mining is producing at full capacity, and the sales volume is not worried, and it can generate huge profits every day.

Mr. Xia gambled the net worth of the entire family, and finally won.

He won, but the three major mining companies lost.

If you miss this round of super-large-scale infrastructure construction in China, the three major mining companies may go bankrupt because of too much loss, unless they can wait for the economic take-off of South Asia.

At the moment, however, they do not see that hope.

The heads of the three major mining companies held urgent consultations, and came to the conclusion that only one of them and Daxia Mining could survive.

It's time for life and death.