[Episode 50] Compensation for the time you endured
woo woo-
The sound of an old excavator echoed throughout the yard.
Woodang Tangtang.
Hearing the noise of scrap metal clashing after a long time, I watched Siwoo Lee standing in the middle of the yard and loading the car.
‘After all, it is bound to be different from what an expert does and what I do.’
Seok-Jun Lee was a person who had experience in loading goods delivered to steel mills by The-K.
It was moving smoothly, but the load was in progress by moving the tongs without any error.
As seen in Mirae City, a month later, the unit price recovered to 330 won.
Because the unit price went up by 10 won a week, every week.
This was rarely the case.
‘I’m glad the timing is right.’
I’ve been dealing with taxes, and I’ve been loading the yard with as much scrap as possible over the past month.
And from today, when the unit price is 330 won, I decided to take Nuri Recycling’s scrap metal from Myeongsan Steel.
320 Won From last week, Myeongsan Iron and Steel sent deliveries to the steel mill as if to feel the rewards of enduring it.
“It’s a matter of planning after all the things are removed, boss.”
He made a significant profit on his first trade, and was on the verge of making a bigger profit on his second trade.
However, it was stated in Mirae City that the price of scrap metal would go up to 340 won.
As the price of scrap metal went up, it was a burden on the part of having to buy things.
‘Still, seeing that the unit price does not drop sharply within a month, it means that there is no such bad news as last time. We must go in a different way from the way we have been doing so far.’
“Do not worry. Until the unit price of scrap metal drops, we plan to send it to the famous mountain of the families that come in.”
“But now, shouldn’t we also go to the steel mill for delivery?”
“no. Now, sending them to Mt. Myungsan is much more profitable.”
Because there’s a code fee.
And if you calculate the transportation cost or this and that, the result is that it is more damaging to send it to the steel mill.
“but… If you can’t get a G/S grade on guillotine, sending it to a famous mountain will serve as a bigger advantage.”
“But now is the time for us to build our experience. Even if the weight is sent to the famous mountain, it will not be a big loss if the light weight is sent to the steel mill.”
The truck was on hold all day today.
According to Siwoo Lee’s calculations, the weight loaded in the yard was about 1,300 tons.
In one month, the amount of scrap produced by scrap iron alone was 120 tons.
“Still, it came very quickly. After four months, we managed to produce 400 tons of scrap, which is more than three times that amount.”
As Siwoo Lee said, the results achieved in four months were at a level that others could not have imagined.
That’s because the number of customers has increased a lot, and Siwoo Lee’s ability to produce scrap metal has grown more and more day by day.
“But I don’t know when it was built like this. I feel like it’s more than the volume I’m bringing… … .”
“There are also heavy items that come with light weight. And, well, the estimates so far are literally predictions.”
Si-woo Lee, who tried to avoid Kang Pil-joong’s gaze, continued speaking calmly.
Probably because there is not much difference in the tonnage calculated by Siwoo Lee.
The tonnage stated in the book was about 1,000 tons.
However, he couldn’t say as it is that there are things made from scrap metal.
It weighs only 1,300 tons.
At the current market price, it amounted to 400 million, an enormous amount.
If the scrap had been paid out a month ago, the amount would have been less than 300 million won.
I survived a month and earned an additional 100 million won, so it wasn’t a loss at all.
“But what is certain is that it will definitely exceed 1,000 tons.”
It was easy to maintain, but the only problem was raising capital.
The company did not falter even if it was operated while making a small profit without thinking about the unit price as soon as it came in.
But from time to time bold decisions were needed.
It seems that Nuri succeeded in making two transactions because of good timing, but it was possible thanks to Si-woo Lee’s thorough calculations.
‘If you make a successful transaction without slipping twice like this, you will have money to install the guillotine. But the problem is that it takes too long.’
Up to this point, half a year had passed since I had made two transactions.
Although it generated considerable sales for half a year, there were many purchases and labor costs were also high.
As the company grew, the number of people who entered it had to increase.
‘It’s a problem to collect, but it’s not easy to subtract.’
Subtracting 100 tons of 4 cars a day, it was a long journey that took a total of 15 days.
And above all else, there were a lot of equipment that had to be changed before putting the guillotine.
I had to change the excavator, which I thought was the heart of the junk dealer, and I had to buy another forklift.
For now, it is somehow holding on to one, but when the number of customers increases, at least two units will have to be operated.
“Anyway, the money seems to be going out. I think it would be good to change the excavator at this opportunity… … .”
“Anything else, leave it alone, it would be nice to have one more excavator.”
“Since I’m buying an excavator, I think I’ll have to look for a pair of scissors.”
* * *
A company known as a rival of Myeongsan Iron.
At the yard office, the headquarters of DS, men in their mid-30s and early 40s, dressed in stylish clothes, were talking to each other facing each other.
“When Myeongsan was stagnating, hitting and climbing seemed to be effective, Director Choi.”
“That’s it. The last four months when Myungsan was tied up were great.”
“In this case, Myeongsan was too harsh. Once you’ve made a profit, you should give up your greed, but you couldn’t.”
“Well, it’s not bad after all. My guess is that Myeongsan must have tied up more than 4,000 tons of scrap over four months. Since 40 won ran at once, the profit would be quite substantial.”
DS Director Choi Eun-seok and CEO Han Kang-ho expressed their concerns during a conversation.
Although it caught up with the gap with Myeongsan Steel for 4 months, it was not yet enough to hit head-on.
“If we had slowed down a little more, we might have crossed the gap. It’s fortunate for Myeongsan.”
“And above all else, it takes a company called Nuri. Since The K has metallurgical control over the customers… It is terrifying to think that all the scrap metal is going to the famous mountain.”
“I heard that CEO Nuri is very young?”
“yes. I heard that too. But for a young man, he said he was very talented. In less than half a year, the area that The Kay was controlling was wiped out.”
“If we don’t have a head-to-head match with Myeongsan, we can bypass it. Because the principle is to catch the head last. Shall I cut off the tail first?”
They planned to kill Nuri Recycling by taking this opportunity.
Fortunately, the justification was good enough.
It was believed that the yard handed over by The K Besteel would give DS a new opportunity.
‘An opportunity to go beyond the famous mountain. Whoops.’
“I will start moving. First, we have to prepare to bring all the scrap metal in the vicinity.”
“I believe you will do well. Come to think of it, are you 37 years old this year?”
“Yes, sir.”
“I heard that the CEO of Nuri is 25 years old, so they are exactly the same age. First of all, as a senior who entered this industry, I have to give him an education.”
“I will show you just how cold this society is.”
In the meantime, I was thinking of showing a different dimension from the jokes of local junk dealers.
‘Now, shall we bring the items from the field first?’
In the past, they had been properly beaten.
When The K Besteel pressured Nuri Recycling, Myeongsan Steel once issued a warning for breach of contract.
At that time, DS had to support K Besteel with a significant amount that it did not have to pay.
Thinking about that time, Eun-seok Choi revealed her resolve.
‘Now the plate will be turned over. There must be a limit to how we can support Nuri in Myeongsan Mountain. Trust is like a piece of paper in this floor that values profit.’
Even if Nuri Recycling was in trouble due to the pressure of DS, the premise was that Myeongsan Cheolje would never actively help them.
No matter how much trust was built, the basic principle was not to concede to each other in matters related to money.
* * *
Kang Pil-joong, who arrived at the site where the meeting was scheduled for today, walked to the office looking at the workers who were actively moving.
profit-
The door opened and a person came out laughing with the site manager.
“Then, chief, I will greet you again the next time you come to pick up the items.”
“Haha, that’s right, Director Choi.”
The director who sent Choi Eun-seok, bowing his head politely, looked at Kang Pil-joong with cold eyes.
“Chief?”
“Chief Kang, I’m sorry.”
“yes? what is that… … .”
“They told me to hand over the goods to a company called DS. What kind of power do you have?”
expected it
someday it will move
But I didn’t know it would be so easily stolen from the field.
“Sir, isn’t it different from what you promised?”
“I’m sorry. It’s a position where we have no choice but to do what the above tells us to do.”
“… … .”
Yesterday, of course, he was a person who seemed to hand over things to Nuri.
At the warden’s words, Kang Pil-jung bit his lip.
“Director, if you tell me the conditions that DS put forward, I will try to match them as much as possible.”
“Well… … .”
“Tell me.”
“He said he would give me 10 won more than Nuri.”
“It’s 10 won… … .”
With only 10 won, he wouldn’t change his mind.
There was definitely something.
For example, conditions such as giving the warden a certain amount of the brought items separately.
Kang Pil-joong shrugged his shoulders and turned around.
Anyway, even if the unit price is raised here, the director will never hand over the item to Nuri Recycling.
‘Does this mean that you do not intend to compete properly on unit prices? Even using such a disgraceful method?’
DS was the subject.
It was a company with the ability to raise 10 won or 20 won more than the unit price of Nuri Recycling.
In the first place, Nuri Recycling and DS were not competing.
Rather, it was absurd that Nuri Recycling had to compete with a place that matched the weight class of the famous Mountain Steel.
There was a high possibility that DS was going around all the sites in this area and meeting the wardens.
Kang Pil-joong felt a headache and went back to Nuri recycling’s yard.
“Why do you look like that?”
Si-woo Lee narrowed his eyes when he saw Kang Pil-jung sitting in a chair when he entered the office.
“It looks like DS will take away all of the field items, boss.”
I told Siwoo Lee about the work in the field.
Lee Si-woo, who looked at Kang Pil-jung with a serious expression, sighed deeply.
“I’m stuck like this again.”
“president… … .”
“Ha, it’s not unexpected, but I didn’t know that DS would be this active.”
“Even with the support of Myeongsan, there seems to be no way to beat DS.”
It was a place where there was a difference in basic capital.
The unit price of the yard with and without guillotine had to show a huge difference.
“Think simple. Field sales are on hiatus for a while. And I think we need to hurry up to get the waste license.”
“Why a waste license… … .”
“It’s not just scrap metal coming out of the field. If we can treat the waste together, we can compete.”
The waste business was conceived and the documents and preparations for obtaining a waste license were in progress.
“I was going to take it slow, but I can’t.”
