Don't just talk about how whatever Xia Nation buys goes up in price. When your cost price is higher than someone else's selling price, how could you compete?
So Feng Jun had come to realize something: foreign iron ore prices had once soared wildly, and from the perspective of Xia Nation's people, that was certainly wrong. But to be fair—setting aside those years of overheated prices—their iron ore really was cheap.
If one put aside national positions, then there was no point complaining that foreigners were exploiting you. In bulk commodity trading, cost was king.
If someone else's "slightly reduced profit" selling price was still higher than your own selling cost, then the only one to blame was yourself for having uncompetitive costs.
For that reason, Feng Jun truly had no intention of buying iron ore. There was simply too much iron in the Blue Star Realm; Xia Nation merely had somewhat less of it.
Actually, it was not that there was less. There were plenty of low-grade iron mines, while the few richer deposits were buried underground, making extraction costs far too high.
Compared to Xia Nation, many foreign high-grade iron mines were exposed right on the surface. The cost of open-pit mining was simply absurdly favorable.
Another important reason Feng Jun did not deal in iron ore was that, on the Phone Plane, iron ore was an extremely important strategic resource.
There was no denying that Black Iron Ore was even more important, but in the Mortal World, the weapons used in conflicts and wars between nations were still largely made of iron.
Feng Jun had heard a little about Donghua Kingdom's iron mines. They were tightly controlled, and the factions occupying them would absolutely defend their interests to the death. If he truly tried to seize them