Chapter 592: Roaring

Three days later.

New York, USA.

Lakshmi Mittal roared from the conference room: "Price reduction! You have a better proposal than a price reduction?" ”

In the face of Lakshmi Mittal's roar, everyone looked at their noses and noses, and their noses looked at their hearts, as if it was someone else, not themselves, who was bearing his anger.

Professor Steven sat in his seat, curling his neck desperately, like an ostrich, hiding his head in his chest for fear that someone would notice him.

He didn't want to stand up to Lakshmi Mittal now.

At this time, Lakshmi Mittal was as angry as a brown bear, as if he could tear people up at any time.

It's just that Steven can't help but feel a little dissatisfied and self-deprecating in his heart, when is a Tianzhu pariah actually qualified to roar in front of an English gentleman.

As the former suzerainty of Tianzhu, the British seem to have a sense of deserving and superior in front of the Tianzhu people.

Of course, he can only think about it so much to entertain himself, and it is probably impossible for him to stand up and teach Lakshmi Mittal a lesson to this Tianzhu pariah.

Naturally, he is not surprised by Lakshmi Mittal's rants.

If he were to be in Lakshmi Mittal's position, he would be much angrier than Lakshmi Mittal.

Hua Pan's counterattack came too fast and fiercely, but his own reaction was too slow and too late.

Three days ago, the day after they announced that they would reduce the price of titanium alloy to $73, Huapan had already reduced the price of titanium alloy to $70.

It is said that Huapan's price reduction was also expected by everyone, but Huapan's price reduction was too fast and too fast, as if it had not been discussed at all, as if a plan had been made a long time ago, and once they reduced the price, they would follow up immediately.

In this way, everyone originally thought that they could take advantage of the opportunity to reduce the price and snatch some market share from Huapan's hands, but the result was that the market share was not grabbed, but because of the time difference, they lost 2% of the market share.

After all, the price was reduced on their side, and Huapan's side instantly lowered the price, and there was no chance to fight the time difference with them.

And if they say that they want to follow Huapan to reduce the price, they need to go through tedious convening and discussion, and they are congenitally inferior to Huapan in efficiency.

In other words, the entire alliance has been tossing for so long, and the price has been reduced from 100 US dollars a kilogram to 75 US dollars a kilogram, and tens of millions of US dollars have been lost.

"Lowering prices doesn't seem like a good idea, and we shouldn't think about how to deal with this matter from another direction. John Morgan said.

Speaking of which, the Morgan consortium is naturally wealthy, and how much wealth it has, even if it is John Morgan, the head of the Morgan consortium does not necessarily know.

After all, after the monopoly turmoil in the eighties of the last century, all the old big consortia have been broken into zero, cross-shareholding, and thousands of companies with shares under their names.

But no one is afraid of burning too much money, and you know, every dollar they cut now means they need to lose 120 million dollars.

This can't be said to be cutting meat, it's just killing pigs.

120 million dollars, I don't know how many pigs I can buy.

But it's not that everyone can't afford to lose this lot of money, as for everyone's hearts are a little empty now, and they feel bottomless.

The main thing is that Hua Pan's response was too decisive, there was no hesitation at all, as soon as they discussed a result, Hua Pan's side immediately lowered the price.

This makes people too helpless and embarrassed.

Here they are, noisy and hot.

But in fact, as soon as Huapan lowered the price, all their discussions were zero, not even as good as fart, but it exposed everyone's ugliness, and the market share was still continued to be encroached upon by Huapan, and the speed of Huapan's encroachment is getting faster and faster.

Everyone has a sense of helplessness that stealing chickens does not lead to rice.

However, the most important thing is that everyone knows that there is really no good way to do it other than to reduce the price.

But the question is, by how much?

There was less to say, and when he turned his head, Hua Pan lowered the price lower than theirs.

Isn't that a slap in the face for Chi Guoguo?

Everyone here is a figure with a head and a face, and being hit in the face twice is already painful enough, and I really don't want to be beaten a third time.

However, if the price is reduced by too much, it will be really distressing, after all, every dollar of price reduction is 120 million US dollars, and if this is reduced by 10 US dollars, wouldn't it be 1.2 billion US dollars.

And if you count the previous losses, then it can basically be said that two billion dollars were thrown out.

That's not a small amount.

Now, I don't know how many people have regretted fighting a price war with Huapan.

Seeing that everyone didn't speak, John Morgan's brows furrowed, and he glanced around, and suddenly saw Okuda Shuo looking like an old monk who was in a state of flux, and his ears didn't hear what was going on outside the window, and he couldn't help but look a little unhappy.

Since suffering the last loss, Okuda Shuo, the old fox, has become more cunning, and the whole meeting has been held until now, and he has not said a word, obviously eating everyone.

Anyway, Toyota is the ultimate manufacturer, that is to say, the biggest beneficiary of the price reduction of titanium alloy, and no matter what the result of everyone's discussion, he will not suffer.

After all, market competition has long been seen through by him, and it is nothing more than a way to reduce prices and make profits.

If it really doesn't work, he can continue to use Huapan's titanium alloy.

Therefore, no matter how Huapan and ArcelorMittal fight, he will profit the most.

And if you speak, you may cause a commotion.

"Mr. Okuda, I don't know if you have any opinions?" said John Morgan, in a somewhat gloomy tone.

Obviously, he was already very unhappy at this time, and he also found that there were not a few people like Okuda Shuo.

"I can't think of anything other than to cut the price. Okuda shook his head, looking like an old god was there.

"Price reduction? I'm afraid that according to Mr. Okuda Shuo's meaning, titanium alloy is probably the best without money, in that case, Huapan will definitely collapse without a fight. Rakmir Mittal sneered.