Chapter 170 Iron Empire
“Long life in England (
French.
Paris.
Li Lin smiled slightly after reading the telegram.
He knew that Li Biao’s way of doing things would never let him down!
One word, Biao!
“Since these villagers have come to develop in Xinjiapo, I will definitely not treat them badly.” Li Lin secretly said in his heart.
A group of natives also want to bully them?
Think more!
According to the plan, in half a year, 30,000 immigrants should be able to.
He plans to immigrate another 30,000 people after a year!
And so on, of course, if the situation allows, the number of immigrants can be increased year by year.
Just now, he has sent a telegram to Xinjiapo, and asked the high-level management there to start planning to invest in a wave of rubber industry, coffee, spices, etc., one-stop, from the planting of raw materials to the processing of products.
Anyway, he needs to provide more jobs in the next year or two!
This will bring jobs to future compatriots!
Thinking of this, Li Lin thought about the current development in Xinjiapo.
The weapons company is doing well. The previous orders were enough to produce two or three years. Other companies are also doing well.
The immigration plan is also in progress, and everything is going according to the path he planned in his mind before.
“It’s time to get involved in this piece of steel.” Li Lin secretly said in his heart.
First of all, many of his weapons companies, shipbuilding companies, and even machinery companies, railway companies, etc. in the future need a lot of steel.
You can’t always rely on importing other people’s steel, right?
Let others decide the price!
It even gets stuck in the throat at critical moments.
Therefore, if he owns his own steel company, not only will his own weapons company and other production costs be reduced, but he can also earn more money after discovering more iron ore in the future!
He clearly remembered that when he was in high school, he knew from a geography book that the world’s largest steel storage ranked first, Odalia, with 146.2 billion tons of iron ore storage.
The second place is Ghana, with a storage capacity of 130.3 billion tons.
The third place is Russia.
Fourth place goes to Brazil…
That is to say, even if he does not obtain some iron ore coordinates in the future, if he keeps sending exploration teams to these places for exploration, he does not believe that he will not be able to explore a single iron ore!
The only pity is that his [World War I and World War II Weapon Design Drawings] does not have a design drawing of steel equipment.
Therefore, he intends to directly acquire one or two large steel companies!
Where to buy?
There is no doubt that it must be going to the US Emperor’s side.
There are so many steel companies over there, and it is easier to acquire them.
Mainly in 1893, there was a round of economic recession on the American side. Tens of thousands of enterprises went bankrupt, more than 600 banks went bankrupt, and one-third of the railway companies fell into serious operational difficulties. At this time, the stock market value of the railway company over there accounted for nearly 60% of the market value of the stock exchange over there. This lifeline industry is in jeopardy, but the US imperialists have nothing to do about it.
Although it is 1895, the economic situation 2 years ago still had a huge impact on the steel industry.
Therefore, Li Lin chose to buy a steel company, and he should be able to buy his ideal company at a price he is satisfied with.
Of course, Li Lin didn’t remember or know about the above economic recession in his previous life. He also learned about it from the various economic situations published in newspapers more than a year ago.
In fact, 2 years ago, he also wanted to go to pick up a wave of dead chickens.
But he hadn’t received the nearly 30 million weapon order two years ago, and he didn’t have too much pounds in his hand. It was estimated that he wanted to acquire a large steel company.
In addition, various companies were developing at that time, and he needed a lot of money, so he didn’t think about it.
“But it’s not too late! As long as you can buy a large steel company.” Li Lin thought to himself.
As for why he went to the United States to buy a steel company.
There is a reason.
The output of steel in the United States increased from 13,000 tons in 1860 to 11.41 million tons in 1900, with an average annual growth rate of 18%. In 1884 industry overtook agriculture in the economy. In 1886, the steel output was 2.6 million tons, ranking first in the world. In 1899, the US imperial steel output accounted for 43% of the world’s total output!
The application of a large number of new technologies and more efficient refining methods has laid the foundation for a substantial increase in steel production, which has greatly promoted the development of the steel industry. The rapid growth of downstream demand such as railways and machinery manufacturing has also promoted the development of the steel industry.
In other words, the steel companies over there are definitely of the world’s first-class technical level, and the atmosphere there is also very good, and the technological innovation is fast. In particular, the major iron ore producing areas of the northern Great Lakes, the Great Lakes have low cost of water transportation.
In addition, on February 5, 1901, Morgan bought several iron ore mines of Rockefeller and all of Carnegie’s steel business. The merger of more than a dozen companies such as Carnegie Steel Company and United Steel Company became the largest steel business in the United States. Company, 65% of steel production is controlled by it.
Later, it successively annexed more than 50 enterprises and monopolized the steel market and source of raw materials by relying on its strong economic strength.
That is to say, the world’s largest steel company is formed by a combination of more than a dozen large steel companies in the United States.
Now that he buys one or two large steel companies, whether it is to compete with the other party after six years, or choose to merge with the other party, it is undoubtedly good to take a certain share of the company and share the dividends.
“In 1900, the Carnegie Steel King, who was over sixty years old, sold the Carnegie Steel Company to the Financial King for $500 million.”
It also made the US Imperial Steel Company the first industrial company in the history of US Imperial with assets exceeding 1 billion US dollars.
$500 million.
“I only have 15 million pounds left. Converted to US dollars, it is about more than 70 million US dollars!” Li Lin shook his head slightly.
Don’t even think about buying this steel king’s steel company.
However, other large steel companies can buy one or two, or even more!
“If I want to buy a steel company, the annual output must reach at least 500,000 tons a year, or even more!” Li Lin secretly thought.
Don’t underestimate the steel company with an annual output of 500,000 tons.
You know, in 1920, the combined annual output of all the steel companies on Dwarf’s side was only 900,000 tons of steel. On the other hand, the American Empire in 1920, the annual output of all steel companies combined reached 49.2 million tons!
This is also the reason why the tanks of the dwarf back then were all thin-skinned tanks!
Even in 1900, the total steel output of the U.S. imperialists reached 11.41 million tons.
In other words, Li Lin wants to buy a steel company that can produce 500,000 tons of steel per year. There must be such a large steel company, but I don’t know how much it will cost to get it!