I am farming in the real world.

Chapter 319 Put the meat in the pot to rot!

Of course, given the size of the order, it was impossible for Li Zhiqiang and Lin Mingwang to reach a decision privately.

After discussing it for a while in the office, the two quickly split up into two groups.

Li Zhiqiang went back to dealing with the purchasing manager of the Rubik's Cube Group, planning to take advantage of the lunch break to get the manager drunk and see if he could find out the details of the group's purchasing plan.

As for Chairman Lin Mingwang, he hurriedly convened an internal meeting of senior executives at Baowu Steel.

They learned that an order for 1000 million tons of round steel had been delivered to their door.

Moreover, there were basically no requirements for the process of round steel bars; all that was required was large quantity, sufficient supply, and fast delivery. The entire conference room erupted in chaos!
"Hot-rolled, forged, and cold-drawn, we accept all types?"

"Is the smelting process for crude steel acceptable? Why not even apply an anti-corrosion galvanizing layer?"

"Could this be steel used on a construction site?"

"The barrier to entry is too low; any small steel mill on the market could do it."

"The purchase volume is just too large. Even if all our branch plants work together, it will take a month to complete the delivery of 1000 million tons."

There was a lot of discussion in the meeting room.

In particular, the vice presidents of the technical and production departments all showed disdain after seeing the specifications on the list.

The problem with this order is that it doesn't have any technical difficulty; the difficulty lies in the timeframe.

From another perspective, this is practically handing money to Baowu Steel.

Meanwhile, Lin Mingwang, who was sitting in the center position, was not only listening to the executives' discussion, but also trying to get information in several large groups in the steel industry chain.

Sure enough, not long after he chaired the internal meeting...

Several familiar steel company executives came over to try and get on his good side: "Old Lin, does Baowu have any spare production lines? I have an order for more than 500 million tons of round steel that I can't handle. Can I share some with you, Baowu? The price is negotiable, but the deadline is quite tight."

Several similar messages came in, making Lin Mingwang frown.

He quickly replied, "Is it an order from the Magic Cube Group?"

The other party immediately feigned surprise and said, "You Baowu has also received similar orders? (Surprised)"

In short, by this morning, almost every reputable steel company in China had received similar orders.

News of Mofang Group's large-scale demand for Φ100mm round steel bars is circulating widely in steel markets across the country.

Donors, intermediaries, and speculators in the steel industry, as well as well-informed individuals from all walks of life, are spreading the word.

For a time, the entire steel spot market in China was in an uproar.

Everywhere you look, you can see purchasing staff from the Mofang Group carrying briefcases, accompanied by legal and technical personnel, signing orders, buying up goods, and making direct payments remotely in steel markets across the country.

One after another, semi-trailer trucks began unloading steel and loading cargo, heading straight for the Super Cube factory in Ruixian County.

Major manufacturers, including Hebei Iron and Steel Group, Ansteel Group, and Shagang Group, are also hosting purchasing teams like Lü Shou's.

In short, within half a day, everyone in the steel industry knew that the CEO of the Magic Cube Group was making a big move.

They had so much cash they were practically throwing it away like it was nothing!

Seeing this scene of widespread conflict, Lin Mingwang could no longer remain seated and hurriedly had his senior executives make a decision.

After discussing for less than 20 minutes, they finally decided to take on this lucrative order that had been delivered to their doorstep. After all, if Baowu didn't do it, the other major manufacturers would.

Rather than watching helplessly as the fat escapes, it's better to sign the contract first and let the meat rot in your own pot.

……

After finalizing this massive contract worth tens of millions of tons.

Around noon, at the internal canteen of Baowu Steel.

Lu Shou, who was new to the area, and several employees from the Magic Cube Group who came with him were also a little overwhelmed by the steel companies' rough and overbearing way of entertaining them.

Before a sumptuous lunch of delicacies, Li Zhiqiang, who was pouring wine for him, quietly asked, "Brother Lü, could you give me a hint as to how many tons of round steel your family needs?"

"To be honest, Baowu lacks many things, but it doesn't lack production capacity!"

"Moreover, your company's approach of casting a wide net to buy up goods is likely to disrupt market order. The best solution is to let Baowu take the lead and arrange for your competitors to work together to increase production capacity."

It's important to know that major domestic steel companies are very adept at underreporting steel production.

Just like the joke circulating on the internet: China ranks first in steel production, Beihe Province of China ranks second, and Tangshan, a province under Beihe Province, ranks third.

Who ranks fourth in steel production?
It's TM Sugar Mountain's underreported production!
In particular, after the recently concluded internal technical demonstration meeting, Baowu Steel concluded that the delivery of these 10 million tons of round steel, which has little technical content, can be completed in about one month.

So, with the attitude of "looking towards money and making big profits," Li Zhiqiang, the head of the marketing department of Baowu, wanted to poach as many orders as possible from Mofang Group.

Judging from the news that has been circulating for the past half day, the spot steel market is in a frenzy of price wars.

Li Zhiqiang refused to believe that Lü Shou didn't have extra orders in his hands.

Seeing this, Lin Mingwang, who had come to dine with him, immediately called over the pretty young lady from the sales department to put all sorts of food into Lü Shou's bowl.

In short, after a hearty meal and drinks, Lu Shou, unable to bear the socializing at the table any longer, quietly revealed the details to everyone at the table: "President Li, Chairman Lin! The exact number of tons is a trade secret of our Magic Cube Group. I certainly can't tell anyone. It's a matter of professional ethics and principle."

"However, I can assure you that within the three-month procurement period of the contract, our company can handle as much round steel as Baowu can produce!"

"Furthermore, our General Manager Jue also said that when making purchases, we must consider the difficulties faced by our competitors. We must ensure payment upon delivery and never owe our competitors a single penny!"

These heartfelt words immediately delighted Li Zhiqiang and Chairman Lin.

When did clients in the steel industry become so efficient?

Not only did they ask for an unusually large quantity, but they were also incredibly generous with their payments.

If steel sales had been as generous as those of the Mofang Group in the past, domestic steel mills wouldn't have gone bankrupt, restructured, or had to cut production capacity one after another.

Of course, the news that Mofang Group was frantically buying up round steel bars on the market caused a huge stir not only among major steel companies in China.

Even the central government at the top took action after receiving the news from below.

After all, most large steel companies like Baowu are state-owned enterprises and are directly under the jurisdiction of the central bank.

When several subordinate steel companies put their orders together, nearly 7000 million tons of round steel orders were collected and submitted to the central bank.

In addition, there are more than 3000 million tons of spot orders, which are distributed among small and medium-sized enterprises. The central bank couldn't sit still any longer.

Without hesitation, they sent people directly to Rui County, and a dialogue about the new era of Earth's industry began!

(End of this chapter)