Born In England
Chapter 170 Iron Empire
Long Live 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 folks have come to Singapore to develop, I will definitely not treat them badly. Li Lin thought to himself.
A group of natives also want to bully them?
Think too much!
According to the plan, in half a year, 30,000 immigrants should be able to do so.
He planned to emigrate another 30,000 people after a year!
By analogy, of course, if the situation permits, the number of immigrants can be increased year by year.
Just now he has already sent a telegram to Singapore, asking the top management there to plan to invest in a wave of rubber, coffee, spices, etc., a one-stop kind, from the planting of raw materials to the processing of products.
Anyway, he needs to provide more jobs in the next year or two!
In this way, it will bring jobs to future compatriots!
Thinking of this, Li Lin thought about the current development in Singapore.
The weapon company is developing well. It won so many orders before, enough to produce for two or three years. Other companies are also developing well.
The immigration plan is also in progress, and everything is going according to the path he had planned in his mind.
It's time to get involved in the steel industry. Li Lin thought to himself.
First of all, his many weapons companies, shipbuilding companies, and even machinery companies, railway companies, etc. in the future will need a lot of steel.
You can't always rely on importing other people's steel, right?
The price is up to others!
It even gets stuck in the throat at critical times.
Therefore, if he owns his own steel company, not only the production cost of his own weapon company will also 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 learned from a geography book that Audalia ranked first in the world's steel storage capacity, with a storage capacity of 146.2 billion tons of iron ore.
The second place is Ghana, with a storage capacity of 130.3 billion tons.
The third place is Russia.
In fourth place is Brazil...
In other words, even if he does not obtain some iron ore coordinates in the future, if he continues to send exploration teams to these places for exploration, he does not believe that no iron ore will be discovered!
The only pity is that his [World War I and World War II Weapon Design Complete Collection] does not have design drawings 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.
There are many steel companies over there, and it is easier to acquire them.
Mainly in 1893, there was a round of recession in the U.S. economy. Tens of thousands of enterprises went bankrupt, more than 600 banks closed down, and one-third of the railway companies fell into serious operating 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 there. This lifeline industry is in jeopardy, but the United States has nothing to do about it.
Although it is 1895, the economic situation two years ago still had a huge impact on the steel industry.
Therefore, if Li Lin chooses to acquire a steel company, he should be able to acquire his ideal company at a price he is satisfied with.
Of course, Li Lin didn't remember the above economic recession in his previous life, and he didn't know about it. He only knew about it from various newspapers about the economic situation there more than a year ago.
In fact, 2 years ago, he also wanted to pick up a wave of dead chickens.
However, two years ago, he hadn't received the nearly 30 million weapons order, and he didn't have too many pounds in his hand. It would probably be difficult to acquire a large steel company.
In addition, at that time, various companies were developing, and a lot of money was needed, so he didn't think about it.
But it's not too late now! 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 acquire the steel company.
There is a reason.
The output of American Iron and Steel 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 steel output of the United States accounted for 43% of the world's total output!
The application of a large number of new technologies and more efficient smelting methods has laid the foundation for a substantial increase in steel production and 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.
That is to say, the steel company over there is absolutely world-class in technology, and the atmosphere there is also very good, and technological innovation is fast. Especially the main iron ore producing areas of the Great Lakes in the north, the Great Lakes have convenient water transportation and low cost.
In addition, on February 5, 1901, Morgan bought several of Rockefeller's iron mines and all of Carnegie's steel business, and became the largest steel company in the United States through the merger of more than a dozen companies including Carnegie Steel Company and United Steel Company. Company, 65% of steel production is controlled by it.
Later, it annexed more than 50 enterprises successively, relying on its strong economic strength to monopolize the steel market and raw material sources.
It was 1901, which is 6 years from now.
In other words, the world's largest steel company is formed by the union of more than a dozen large steel companies in the United States.
Now he buys one or two large steel companies, no matter whether he wants to compete with each other after 6 years, or choose to merge with them, and whether he takes a certain amount of shares and pays dividends, it will undoubtedly be very good.
In 1900, the Carnegie Steel King, who was already in his sixties, sold the Carnegie Steel Company to the Finance King for $500 million.
It also made Meidi Iron and Steel Corporation the first industrial company in the history of Meidi with assets exceeding US$1 billion.
$500 million.
I only have 15 million pounds left now, converted into US dollars, which is about 70 million US dollars! Li Lin shook his head slightly.
Don't think about buying the steel company of this steel king.
However, other large steel companies can buy one or two, or even more!
If the steel company I want to buy has an annual output of at least 500,000 tons a year, or even more! Li Lin thought to himself.
Don't underestimate a steel company with an annual output of 500,000 tons.
You know, in 1920, the combined annual output of all the steel companies on the little man's side was only 900,000 tons of steel. In contrast, in the United States in 1920, the combined annual output of all steel companies reached 49.2 million tons!
This is why the tanks of the little man back then were all thin-skinned tanks!
Even in 1900, the total steel output of the United States 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 take it down!
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