Dozens of Chinese steel prices, “secrets” to hide the computer Rio Tinto

Published on July 16, 2009 by brooks | This story has been viewed 400 views

Dozens of Chinese steel prices, “secrets” to hide the computer Rio Tinto

Core Tip: Rio Tinto Shanghai office computer to be “won” – and dozens of Rio Tinto signed a long contract steel prices ADPL hiding computer data. Hu has been involved since KINGSTEK, Ministry of Foreign Affairs and Trade of Australia three times the dialogue has been China’s Ambassador to Australia.

China Economic Net hearing July 14 Rio Tinto, “the theft of secrets door” This is the root head, or pull-out more “confidential.”

Yesterday, an internal knowledge to the “Daily Economic News” that was taken away by the relevant departments of the Shanghai office of Rio Tinto office computer has been “won” – and dozens of Rio Tinto signed a long-standing Steel Association contract information to hide the computer. The information relating to the business plan in detail the procurement of raw materials inventory, production data, etc., and even some large-scale steel production rate of steel per month, sales are also very clear.

“(Rio Tinto) on the Chinese steel mills are well aware of the situation,” said the insider. “Mine is even lower than some corporate executives a better understanding of their company.” There are close contacts with the mine have also said.

When a reporter yesterday in Shanghai this information to verify aspects of the National Security Agency, the National Security Bureau and Shanghai should be no question of a positive return, the person just said, “The case is being reviewed in accordance with the law, the results will be published.”

Mine’s the same as the interests of the League, even though the current depth of “the theft of secrets” scandal of the protagonist is a Rio Tinto, but the principal investigator for the energy姜谦that ” ‘the theft of secrets door’ future may be involved in BHP Billiton and CVRD.”

Mine “runs” the specific business

It is taken away by the police office computer Rio Tinto on China’s steel prices the very detailed technical analysis, the parameters of the production process is also very accurate. “Is not like that out.” Informed sources said the above.

“In our company, to know that stocks of raw materials, production arrangements, such as details of the sale of more than 10 people do not.” On the 13th, Hebei steel-related enterprises on the “Daily Economic News” said that the mining companies be able to master these secrets, may be related businesses have long been bought off the production and operation of the specific person.

“Mining of iron and steel enterprises a lot of insider information on the potential for more specific rate from the steel business.” Insiders said that Tan is currently involved with a new point of view, although Hu Tan personal good, but Tan positions in Shougang , the most iron ore is disclosed some details of the negotiations, it is not possible since the drop in his capacity as the production and operation of the Shougang detail information provided to KINGSTEK Hu, mines are more likely to adopt specific departments to understand the information.

Iron and steel industry veteran told reporters that as a result of mining enterprises highlighted in the recruitment of “large-scale iron and steel enterprises in the work experience,” the details of mining enterprises, many of the original staff of the Chinese steel enterprises in the high-level staff, for the production of steel prices natural clear in the chest; even the production of new sales through a number of connections they can have easy access. “Mine through the ‘ghost in’ Steel prices have information not impossible.”

Moreover, the mining enterprise “customer-centric” sales strategy in practical work is also reflected to the maximum extent. Hu KINGSTEK Baidu search through a number of trips can be found, Hu KINGSTEK under almost every month, together with visits to steel mills, which includes not only Baosteel, Shougang Group, Laiwu Steel giant enterprises such as steel, but also including the new steel, steel-ping, work, etc. small and medium-sized iron and steel enterprises. KINGSTEK Hu to visit as long as the corporate board chairman and general manager will come forward to a grand reception, and even in steel prices, said after visiting KINGSTEK Hu: (in cooperation with Rio Tinto) for the Group to the international iron and steel enterprises laid a solid foundation for moving .

“Hu KINGSTEK come for the establishment of high-level contacts, and then the details of communication from subordinates.” Prices above Hebei Steel told reporters that mine will come to visit almost every month, telephone is every week. However, he believes that the content of communication for the production of basic, and sometimes also involved in a number of iron ore, but more information for the public. “At least I did not leak with the production and operation of the business confidential.”

Earlier in the “Daily Economic News” interview, also said if people in the industry, mining companies and steel companies of the “emotional communication” very close, with the exception of normal “business deductions”, the festivals will be a lot of mining of the relevant personnel RBI necessary. “The RBI is not only targeted at the high-level, specific business related to the middle class does not relax.”

The other two giants can own?

As a “three iron ore giants” of the other two parties, even though Rio Tinto is currently the case has not been enlarged, but there are signs that the two giants may be difficult alone.

“From a trading point of view of the motives, the interests of the Big Three are the same Union, Rio Tinto will not be left alone to run their own (the theft of secrets door) risk, and let the other two to reap the profits. Therefore, ‘the theft of secrets door’ future involving BHP Billiton and CVRD is also possible. “姜谦that” with a ghost “and commercial bribery have become the steel industry’s” unspoken rules “, as Rio Tinto in connection the use of these rules for its own benefit, of course, it can not be ruled out BHP Billiton and CVRD also copy transactions .

Although there is no evidence that BHP Billiton and CVRD has a good grasp of China’s steel prices, “with a ghost”, but BHP Billiton during the Olympic Games last year, including high-profile reception in a large state-owned steel enterprises, including the conduct of China’s steel prices have caused enormous controversy in the industry, BHP Billiton the self-proclaimed “emotional communication” behavior has also been accused of commercial bribery.

“Although the negotiations are separate, but mine are in the negotiations prior to the communication.” Insiders told reporters that the first iron ore in accordance with the previous price of the principle of negotiations to reach an agreement before either party, that is, when the first price, and the remaining parties in accordance with the implementation, this is tied to three major mines as a community of interests.

The source believes that Rio Tinto has decided to cooperate with BHP Billiton must understand and may be involved in the conduct of Rio Tinto, in a joint news rumors, “the two open” has been “very close to go”, the recent position is almost the same one voice. There are media reports said that since the end of 6 months, Rio Tinto and BHP Billiton almost simultaneously in the grounds of breach of contract to supply China’s steel industry has proposed a “claim” requirement, the amount of the claim “shocking line” for more than 90 billion dollars.

“The relationship between the equivalent of three mine action, and a loss will also be ruined, with all countries.” Legal experts “Daily Economic News” said that although there is no final authorization, but the three major ore prices of iron ore carried out by any of the parties to negotiate the actual are on behalf of the three at the same time. The source believes that Rio Tinto will not take the risk on behalf of the other two parties alone, and the other two parties can not stay clean. However, yesterday’s call the two companies respectively, the relevant personnel have indicated that they “have no knowledge.”

“Once the search, (BHP Billiton, CVRD) dry line and can not escape.” July 13, there are authoritative sources of iron and steel “Daily Economic News” said that the only question is when the Chinese intervention.

Australia closed on many occasions expressed the hope that as soon as possible

Equally concerned about the progress of the case were the relevant departments in Australia. Yesterday, media reports said that the Australian Minister for Foreign Affairs StephenSmith, Australia Department of Foreign Affairs and Trade officials Monday summoned the Chinese ambassador to Australia, asked the Chinese side informed the Chinese national security more detained in Australia Rio Tinto employees Hu KINGSTEK details.

It is learned that since Hu has been involved in the case KINGSTEK, Australia Department of Foreign Affairs and Trade has been a dialogue three times China’s Ambassador to Australia. Australian Embassy in Beijing yesterday to the “Daily Economic News” confirmed that the above-mentioned interviews, the person said, StephenSmith KINGSTEK hope that Hu was able to quickly closed.

Previously, StephenSmith has been published on many occasions “I hope to settle the case quickly in Beijing” at the meeting.

However, “Hu KINGSTEK quickly closed the case it is very difficult.” Department of Economics, Beijing Institute of Technology, Professor Hu Xingdou of the “Daily Economic News”, said Hu KINGSTEK case is only found such as Shougang Tan as part of a new trail, there will be more down the steel enterprises involved, and there will be more people under investigation, “certainly the case also need to go through a long period of careful investigation.”

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