I am farming in the real world.

Chapter 56: Plummeting Steel Prices

With the appearance of the [Iron Bar] that inherited the characteristics of the MC block, Chen Jue's plan to expand the Minghua Shipyard through public means finally completed the last important link.

But there are still a few things that need to be dealt with right now.

The first point is that the [ultra-poor iron ore] previously discovered underground in Chen Village has been completely consumed by the iron golems.

Most of the produced [Iron Ingots] are used to synthesize [Railroad Tracks] to lay the existing 'Chenping Line' underground line.

Like the newly dug single-track tunnel leading to the Myanmar jade mining area, so far only a section of the empty shell has been dug, and there are no actual rails and mine cars yet.

If you want to allocate some more [iron blocks] to make these [iron bars], you must replenish the steel resources on hand as soon as possible.

"Until we find the next iron ore, it seems we can only purchase it from the market."

"Mixing half truth and half falsehood together can confuse people." Chen Jue muttered in his heart.

Instead of looking for Zheng Bocheng to get the casting waste from Zhongbo Machinery, he looked through his cell phone address book.

I found a seller in the Vancouver area who used to supply me with steel when I ran my auto parts factory. I asked Sanxin Steel about the current price of scrap steel and asked them to deliver 200 tons of scrap steel to the warehouse in Wanqiang Logistics Park.

The scrap steel on the market is generally divided into several categories for recycling and circulation, including heavy scrap, general scrap, zinc plate scraps, cold-rolled returned silicon steel sheets, and iron shavings.

The price of each type of scrap steel is different, and there is a difference between those including tax and those excluding tax.

The scraps that Chen Jue had pulled from Zheng Bocheng before were of the general scrap type, and were suitable for iron smelting using the MC [Furnace].

"200 tons of waste? No problem!"

"Where has Mr. Chen made his fortune recently? Why doesn't he buy round steel anymore?"

"It's been almost 2 years since we last contacted each other! I thought you didn't do this anymore."

Wang Qing, the manager of Sanxin Steel Materials, sent back a few slightly teasing voice messages and also sent a real-time quotation sheet for heavy scrap steel today.

The Vancouver area is full of forging, hardware, and auto parts processing plants, and competition is fierce in the supply business.

Generally, bosses in this industry will not delete a customer after adding him/her. No matter whether the customer returns or not, or whether there is a chance for future cooperation, as long as the contact information and WeChat are kept, there is always hope for further cooperation in the future.

Even after reading the quotation, Chen Jue couldn't help but be polite to Manager Wang: "Manager Wang, the unified scrap is only 1900 per ton including tax? Is the steel price so low now?"

Seeing this, Wang Qingfa complained bitterly on WeChat: "There's nothing we can do, Mr. Chen! Business is so difficult now! Competition is fierce. Iron ore from Australia has come back recently, and the price of steel is much lower than it was two years ago."

Since he was an old customer, the two had been working together for quite a while. After chatting for a while about the recent sharp drop in the steel market, Chen Jue paid the 10 yuan deposit in advance.

By the evening, the scrap steel packed in ton bags was unloaded to the warehouse of Wanqiang Logistics Park by several semi-trailers.

Chen Jue withdrew all of Chen Ji's sales of more than 300,000 yuan today into his own account, and he managed to scrape together the remaining amount for the scrap materials to pay Manager Wang.

In the past, those doing steel and mechanical processing business in Vancouver liked to default on their debts. Party A owed Party B, and Party B owed material suppliers. The repeated delays put everyone under great financial pressure.

Relying on this method of delaying payment by always refusing to pay debts, many bosses of processing plants drag material suppliers out for a feast all day long, often going to KTVs, clubs, bathhouses and saunas, and relying on high consumption to make deals and build relationships with people.

The material suppliers, considering that the other party was taking care of their business, let the other party sing and play like KTV princesses, and everyone turned a blind eye.

Until the outbreak of the epidemic a few years ago, a lot of people’s funding chains were broken, which directly brought down this method of defaulting on triangular debts.

The bosses in Vancouver who are still able to survive in the business world basically do business with cash. Even if they rely on personal connections and face to delay payment, they have changed from settling accounts at the end of the year to quarterly or monthly payments.

In a word, the overall market situation is very bad, and all the big and small bosses in Vancouver are gritting their teeth to make ends meet.

Chen Jue was also a victim of the epidemic. He knew that it was useless to rely on the old tricks to ask for favors, so he simply used the cash recovered from Chen Ji to buy materials and re-establish his image as an honest business operator in the circle.

……

Arrange Tieyi and others to load the waste onto trucks and transport it to Minghua Shipyard.

The purpose of such back and forth transactions is also to create the appearance that the shipyard has officially resumed production.

The 200 tons of scrap steel that arrived and 10 tons of washed anthracite for steelmaking purchased from the market have all been packed into backpacks and transferred to the newly opened underground base of the shipyard.

Inside this base, rows of MC [furnaces] made of [cobblestones] were emitting orange-red flames and smelting [iron particles] in large quantities.

"We are still short of visible funds!" Chen Jue was counting the accounts with a notebook in his hand.

Chenji's single store earns more than 300,000 yuan a day, which is a bit tight to pay the final payment to the shipyard, not to mention the subsequent large-scale infrastructure support for the shipyard.

So after squatting down and calculating a few accounts, Chen Jue, who was a little impatient in the business world, called the dog-headed military officer who was in charge of directing the iron golems' work on the spot.

"How far has the tunnel leading to Myanmar been dug?" Chen Jue asked.

Chen Shang's eyes sparkled as he reported, "Boss! According to the previous excavation speed, the two idiots we sent out have almost dug out of Jiangsu and Zhejiang Province and are heading to the northern part of Xijiang Province."

Upon hearing this, Chen Jue took out the Amap offline map on his phone and took a look. His eyes immediately lit up and he said, "Xijiang Province? This is a good place for a family with a mine!"

You should know that among the 164 types of minerals that have been discovered in the country, Xijiang Province accounts for 139 of them, ranking first in the country!

Copper, tungsten, uranium, tantalum, gold, silver and rare earths are known as the "seven golden flowers" of Xijiang Province.

Compared to the Wenzhou area with poor underground mineral resources, Xijiang Province is simply a metal paradise, and for MC players, there are treasures everywhere.

Chen Jue was thinking about what resources he could use to make some quick money and accelerate the first fame war of "Block Technology", so he immediately ordered all the newly smelted [iron particles] from scrap steel to be synthesized into [iron ingots].

Then use [Iron Ingots] to batch synthesize [Railroad Tracks], and let Tie Laoliu, the sensible and clever boy, take the mine cart and go to the newly laid track to pick up the two Tie Silly Boys in the front who are offline.

Let's see if they have discovered any precious metals or other minerals along the excavation line.

Unexpectedly, this operation actually brought back good news from the front line of excavation!

Relying on the iron golem's powerful force to push the mine cart at a high speed, Tie Laoliu spent 4 hours returning from the front line. He held two mineral blocks in his hands and shouted in a way that he wanted to win the credit: "Boss! Loyalty!"

Due to waiting for too long, Chen Jue had already returned to the Chencun underground base and was enjoying a comfortable soak in the pool.

When Chen Jue took the two mineral cubes sent by Lao Liu and looked at them, an expression of disbelief immediately appeared on his face.

[Silver ore: an ore rich in silver, with extremely high mining value, containing 47.2% silver. ]

[Lepidolite: A rare mineral, the main raw material for extracting rare metal lithium. The specific product after refining has some of the conductivity and energy storage properties of "redstone". ]

Today's update is coming~
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(End of this chapter)