Since the reserve price is much lower than the futures price, Zhou Ming and his team are very popular. Even if the bid is only 01 per bid, they will soon be 19 pounds. However, the price in the futures market is still there, and the highest price of these iron ores is just like this.

"Congratulations to the buyer for the final sale of our first lot, a total of 200,000 tons of iron ore from Brazil's Iron Quartet!"

With the auctioneer's last thump, Zhou Ming and his lot was finally sold.

Although this is an auction house, and although basically everyone on site comes to participate in and watch the auction, when the auctioneer really says the goods are sold, the scene still exclaims and feels a little incredible.

"I didn't expect it to be a deal! 193 pounds per ton. Although this price is much higher, it is still much lower than the futures market that has risen to more than 24 pounds. At this moment, buyers only need to re-stock the iron ore they bought to the exchange for money. I think Alfonso and the others are just here to make trouble instead of really wanting to auction!"

"But there is nothing we can do about it. After all, they are just simply imitating Opold and the others' approach, and they actually don't understand the meaning behind them at all. It is reasonable to have this feeling."

Listening to the fierce discussions behind people, Opold seemed very satisfied and happy, and it was their turn to take the lot.

"The second lot today is still iron ore, but it is different from the previous ore. This second lot is No. 64 iron ore from the Caracas mine in Brazil. It is also a 100,000 tons of physical goods delivered tomorrow. The starting price is 20 pounds, with an additional price of 01 pounds each time."

The auctioneer's words caused a fierce discussion on the scene. Everyone accused the Luxembourg Group of prices for being too high, and some even gave the evaluation directly "a group of guys who are crazy about money."

These words made him feel uncomfortable when he reached Opold's ears. In fact, his pricing was really based on market rules. Zhou Ming and Alfonso were just messing around. The starting price of 16 pounds is, please, iron ore has not had such a low price for a long time.

But these explanations are impossible to express at all now, or even if I say it, no one will believe it, because the market is profit-seeking. Since Zhou Ming and his friends are ahead, no matter how fair the price is, it is still hard to explain.

Suddenly Opold seemed to have thought of something: Is their purpose here? Do you deliberately set a very low price and make yourself fail to sell it?

The more Opold thought about it, the more he felt that this was the case, because his first priority now was to quickly find a way to digest the delivered iron ore. Otherwise, if he returned to transportation, he would be giving them money, which would be absolutely not allowed. Now they deliberately threw out 200,000 tons of cheap iron ore to block the auction of 10 million iron ore. This business is very cost-effective no matter how you look at it.

"Your Highness, their auction is likely to be a conspiracy!" Mihawk reminded next to him.

Opold expressed his understanding with a gloomy face. He thought about it carefully and finally made up his mind to say to him: "Let's get our starting price down to 18 pounds."

Mihawk was surprised, but he also understood that they had been forced into a corner now and had no choice.

So Mihawk immediately stood up and shouted, "Wait a minute, we want to change the starting price from 20 pounds to 18 pounds."

The scene was immediately shocked, and everyone looked at each other, and no one expected that this would happen suddenly.

Although there is no explicit prohibition on temporary price change at the Sanmir Auction House, the pre-set auction price starts from as much as the auction price is, which is also the default rule for everyone. How can you think as much as you want? Isn’t this a joke?

The auctioneer on the stage obviously hadn't experienced this situation, so he said: "Mr. Opold, we don't seem to have a tradition of temporary price change."

"But there is no right to prohibit temporary price change," Mihawk corrected him. "We also admit that doing this is a bit unruly, but this is because of an emergency today. We are also trying to avoid failure. I believe that as a well-known auction house, you don't want the failure to fail, which affects your reputation."

The auctioneer was silent. He himself did not want to make an exception for temporary price change, but it was indeed not good to fail to sell. What's more important is that he had never experienced this situation and had no idea what to do.

There was no choice but to ask the manager on duty. On the other hand, Opold also called Oslan to explain the situation here and began to mobilize their connections to put pressure on the auction house.

Finally, after a quarter of an hour of suspension, the auctioneer announced the auction house's decision to allow Opold to temporarily change the price, but only once.

The auctioneer stressed: "There is only one chance, so I hope Mr. Opold can think carefully before making a decision."

This time it was Opold who stood up and said: "I have made a decision to change the starting price this time from £20 to £18."

The auctioneer on the stage said: "That's great, now I announce the second lot, No. 64 iron ore from the Caracas mine in Brazil, with its starting price of £18, other rules remain unchanged, and now the auction begins."

When the auctioneer knocked the hammer and announced that everyone at the scene was not too late to be surprised, Alfonso suddenly raised his hand: "19 pounds."

The scene was immediately boiling, and everyone looked at Alfonso in surprise, not understanding what he was doing. Even Opold couldn't sit still and stood up and looked over there.

It’s not a big deal that they were so surprised. Who would have thought that the person who was a seller just now turned into a buyer? You just sold your own iron ore and then turned around and bought someone else’s. What about playing? With this free time, you and Opold discussed how good it would be to exchange their own iron ore. Why go to the auction house? Isn’t this completely unnecessary?

Alfonso didn't care about the surprise and doubts of others. He just stood up at Zhou Ming's gesture and asked the auctioneer: "Does the seller have no right to conduct the auction at the Sanmir Auction House? It's just that the lot happened to be very similar to ours."

This is not just similar or similar, it is just the same! It's just the difference in iron content.

The auctioneer reacted and nodded quickly: "Of course not, you are also qualified to bid. So is this Mr. Alfonso bid for 19 pounds, is there any higher than 19 pounds?"

These people in the venue were surprised to whisper, but no one answered. After all, no one knew why Alfonso suddenly wanted to buy iron ore back again, and was afraid of falling into a trap. In addition, Alfonso also pushed the price to a relatively awkward position. 19 pounds per ton was only 03 pounds per ton less than before. For this benefit, no one was willing to take risks.

Since no one answered, Alfonso finally bought the 100,000 tons of iron ore as expected.

"Now we are conducting the third round of auctions. I believe many people are prepared for today's auctions, so the lot this time is still iron ore. It is a standard iron ore No. 66 from the Caracas pit provided by Luxembourg Iron and Steel Group. The starting price is also 18 pounds per ton, and the lowest price increase is 01 pounds per time."

This time, when the auctioneer announced the start of the auction, Alfonso raised his hand again: "19 pounds."

The scene was once again boiling. Everyone was not only surprised but also a little confused. After all, the scene in front of them was the same as the replay, starting from 18 pounds, and the same bid was 19 pounds. The only difference was probably that the original No. 64 iron ore was replaced by No. 66 iron ore.

Is this a coincidence? Or is there a trap, or are those damn guys deliberately mad at themselves?

Although Opold seemed calm in his seat, he was actually feeling depressed. His facial muscles couldn't help but twitch. If possible, he really wanted to grab Zhou Ming's collar, hang him up and beat him up and then ask him why.

"Alfonso is not so weird. It must be that the Chinese man is going to do something despicable again!" Mihawk said.

Opold glared at him angrily: "Nonsense, do you think I don't know? It's just that we are selling and they are buying. We can't prohibit him from buying our stuff, just look at it again."

This time it was completely a replay, just like before. Because of Alfonso's sudden bid, no one dared to compete again, so the last time the lot was still bought by Alfonso.

"Now we are in the fourth round of auctions. This time it is still the Luxembourg Steel Group's lot, and the iron ore futures that will be delivered tomorrow. However, this time it is 200,000 tons of standard iron ore from Brazil's Iron Four Corner. As before, the starting price is 18 pounds per ton, and the lowest price increase is 01 pounds per pound."

The auctioneer's words seemed to show everything. When he announced the start of the auction, Alfonso still raised his hand: "19 pounds!"

Opold and the others on the scene felt crazy, why are they coming again? Is there still going to be over?

Even the auctioneer felt a chill in his heart: Everyone knows that you, Alfonso, are inconsistent with Luxembourg, but if you want to fight, please go to other places, okay? This is an auction house, what's going on when you keep staring at this auction?

Seeing that the auctioneer was stunned, Afangsuo asked him: "Is the auction not yet started? Or am I violating any rules?"

The auctioneer then realized and shook his head and said no.

So this time, due to Alfonso's actions, although the auctioneer left a lot of time for others, they all understood that there was something wrong with them, so the fool b would take action again, so the final lot was still captured by Alfonso.

The auctioneer continues to auction: "It's the fifth round of auction now, or the Luxembourg Steel Group's lot"

Alfonso still raised his hand as soon as possible: "19 pounds!"

"The Sixth Round of Auction"

“19 pounds!”

"Round 7, 8, 9"

“19 pounds, 19 pounds, 19 pounds!”

Opold couldn't help but go crazy and said completely: "Are you fucking over? What do you want to do?"

Alfonso smiled and said, "I don't do anything, I'm just buying things."
Chapter completed!