mtl008 Chapter 641 Steel Competition
Chapter 641 Steel Competition
641 Steel Competition
"Then this matter becomes complicated."
Joseph sighed and a look of sadness appeared on his face.
"It's okay, the guests have left.
We can talk slowly when we have time."
Ye Qingshan poured Joseph a glass of red wine, handed it to him, and said casually.
In fact, Ye Qingshan had already guessed something in his heart.
But he needed to hear Joseph tell him the more detailed and specific details, and this was very important.
Anthony is Ye Qingshan’s closest ally in California, so he must help with Anthony’s affairs.
Moreover, this mainly involves the West Coast Steel Alliance, which was before Ye Qingshan left the United States.
He joined forces with a group of West Coast consortium families including Anthony, Buck, Hutchinson, McCarthy, etc., and used his oxygen blowing steelmaking technology to form that steel company.
The name was changed several times later and is now called the West Coast Steel Alliance.
It even attracted many other consortium families to join.
The scale has been very large.
Joseph took the red wine, took a sip, and realized that what Ye Qingshan said made sense.
"Okay, then I'll tell you about the troubles Anthony and the others are facing."
Ye Qingshan sat on the chair and listened carefully.
"After you left, Anthony and Buck, armed with the new steelmaking technology you gave them, were ambitious to do something big.
It took them half a year to integrate all the steel mills under the company and carry out new technological transformation.
This has more than doubled the company's annual steel output.
Then, Anthony and his team began to gradually seize the domestic market and lower steel prices.
Things went smoothly at the beginning. Within two months, they had captured a lot of steel market share in the western region.
With the outbreak of war, they received a large number of orders.
But the good times did not last long. Anthony and his colleagues' behavior of dumping products at low prices and seizing the market attracted the attention of the Carnegie family.
Soon, it attracted suppression from the US Steel Corporation, which was led by the Carnegie family. "
Ye Qingshan listened quietly. Of course, he knew about the company Meisteel.
This is the largest steel giant and the largest steel monopoly company in the United States, accounting for nearly 70% of the steel market share in the United States.
This steel giant has a long history. It was founded in 1901 and its predecessor is the steel company founded by the steel tycoon Carnegie in the last century.
Later, it united more than a dozen steel companies and merged more than fifty steel companies before it achieved the monopoly.
The opponent's strength is terrifyingly strong.
Ye Qingshan could imagine how it would feel to be suppressed by them. Even Western consortium families such as Anthony and Buck would not feel good after mastering the new steelmaking technology.
Then, Joseph sighed and continued, "The Carnegie family will never allow anyone to compete with them for the position of steel hegemony.
Therefore, even if they suffer losses, they have to continue to compete with Anthony and others.
In this way, the contest between the two sides began and lasted for nearly two years.
During this period, both sides used various means, including normal business competition and other means.
Both sides suffered losses in the fight.
But Anthony was also very capable. He not only kept the company alive, but also prevented it from being defeated by the Carnegie family.
It also holds most of the steel market share in the west.”
As Joseph was speaking, Ye Dakang also walked in from outside.
He motioned for Joseph to continue and sat aside.
Ye Qingfeng came in from behind, put the pile of documents he was holding on the table, and walked out.
"Now Anthony has to bear it too.
Even within their family, Anthony was under tremendous pressure.
Otherwise, their family has made a lot of money in the past two years by following your father in buying land and selling mines.
Your father also helped them solve the problem of sourcing raw materials for steelmaking.
He couldn’t hold on any longer…”
Later, Joseph told Ye Qingshan in detail the more specific process of the struggle between the two sides over the past two years.
After listening to this, Ye Qingshan couldn't help but sigh.
It turns out that the shopping mall is like a battlefield!
Either you die or I live.
At the same time, Ye Qingshan also realized clearly for the first time that Anthony's business ability was really strong.
Whether in terms of strength or other aspects.
The West Coast Steel Alliance, which Anthony is in charge of, is not in the same league as the US Steel Corporation, which is dominated by the Carnegie family.
But Anthony insisted on fighting with him, and the two sides had been fighting back and forth for the past two years.
Of course, this was also thanks to Ye Dakang who gave him a lot of help behind the scenes.
In particular, Ye Qingshan's land purchase plan implemented by Ye Dakang discovered a large number of coal and iron mines, helping Anthony solve the problem of steelmaking material sources.
Otherwise, American Steel would have the advantage of monopolizing the raw materials for steelmaking.
It was enough to bring Anthony to his defeat.
"That means Anthony and the others are almost unable to hold on now?"
Ye Qingshan asked.
"more or less."
“The main reason is that the authorities don’t want the two sides to continue fighting.
In the past two years, due to the competition between the two companies, the few remaining third-party steel companies in the country have almost all gone bankrupt.
Especially now during the war, the importance of steel is unquestionable.
Therefore, the government also hopes that both sides will stop fighting so as not to affect domestic industrial production.
Half a month ago, with the mediation of people sent from Washington, Anthony had already contacted and negotiated with the Carnegie family.
However, looking at Anthony's expression, I knew the negotiations were not going well."
At this moment, Ye Qingshan also remembered what Ye Qinglan said when he was in Western Australia.
The group is competing with some established financial groups in the east, so this is what it is.
Moreover, due to the competition between the eldest and the second in command, a group of third, fourth, and fifth in command died.
It's really funny and reasonable.
"That's the way it is.
Anthony certainly doesn't want to admit defeat.
But if the fight continued, he couldn't hold on any longer.
He must have come to see you and hopes to get more support from you.
what do you think? "
Joseph looked at Ye Qingshan and asked.
Ye Qingshan put down his glass, refilled it with red wine, and said without much thought: "The matter of the steel company is not just Anthony's business.
I am also a major shareholder of the steel company, so naturally I will do my best to help him in this matter.
Since we have been fighting for two years, how can we give up halfway?
Wouldn't that mean all the previous efforts would be wasted?
We have to win!"
“It’s easier said than done to win.
You have no idea of the power of the Carnegie family and its allies in our country.
Anthony couldn't hold on any longer.
But in my opinion, the Carnegie family will suffer at most minor injuries.
We can’t win if we continue to fight.”
Joseph shook his head and was not optimistic about the prospects of Ye Qingshan's steel company.
"As long as we can hold on to the market share the company has now gained.
Make some concessions so that the Carnegies will stop targeting your steel company.
It’s a very good result.”