Things weren't over yet.
About four months after the establishment of the Xinfei Chamber of Commerce, the largest chamber of commerce in the Malor Empire, the Freshwater Valley Chamber of Commerce, and thirty-six other chambers of commerce jointly issued a statement to jointly establish a mineral resource organization similar to the Chino Federation. It was called the Valley Mineral Resource Co-ordination Association, or the Valley Co-ordination Association for short.
The Freshwater Valley Chamber of Commerce was the chamber of commerce that controlled the most mineral resources in the Malor Empire. Together with the other thirty-six chambers of commerce, they controlled almost all the mineral resources in the northern Sines.
Although it was slightly inferior to the mineral resources under the Chino Federation, it wasn't much different.
The purpose of the establishment of the Valley Co-ordination Association was even more obvious than the Xinfei Chamber of Commerce, which was to compete with the Chino Federation.
And unlike the Xinfei Chamber of Commerce, which was far inferior in the eyes of everyone, the Valley Co-ordination Association was able to compete with the Chino Federation because it united almost all the mineral resources in the Kandla Empire and dozens of countries in the north.
And because of the background of these two organizations, this undoubtedly represented the confrontation between the Malor Empire and the Kandla Empire in another aspect.
But before this, if there was a confrontation between the two empires, the other countries and organizations on the continent could only choose to stand on their own side, and there was no way to voice their own opinions. But this time, the New Flyer emerged, and the Xinfei Chamber of Commerce forcibly stepped in, making a truly different voice.
For many people, they certainly hoped that the Xinfei Chamber of Commerce could truly compete with the Chino Federation and the Valley Co-ordination Association, which would be of great help to many small countries.
But in the hearts of most people, they were not optimistic about the Xinfei Chamber of Commerce at all.
Although the Xinfei Chamber of Commerce was backed by the New Flyer, and the New Flyer's current strength had become extremely powerful in the Sines, even the two empires had to be wary of it.
But being wary didn't mean being afraid. In the past, the two empires were wary of the New Flyer because they wanted to cooperate with the New Flyer, so they didn't want to break their relationship with the New Flyer.
Therefore, this didn't mean that the New Flyer's strength was really stronger than the two empires.
In the end, the New Flyer was just a chamber of commerce, and the various resources it controlled naturally couldn't be compared to the two empires.
Even if the Xinfei Chamber of Commerce controlled a large amount of mineral resources beyond people's imagination, it was undoubtedly far from being compared to the two organizations that had the two empires and the various countries supporting them.
People only needed to wait to see how long the Xinfei Chamber of Commerce could last.
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The Xinfei Chamber of Commerce announced that because of the large increase in production, the Xinfei Chamber of Commerce could take out more steel to sell. They also welcomed other companies that needed steel to buy from them.
Half a month before this, the Chino Union had announced that they had finished integrating the various companies' mineral resources. Through their own research, they had successfully developed a new set of magic steel smelting equipment. It was estimated that they would be promoting it on a large scale by the end of the year, greatly increasing the Chino Union's steel production.
According to their estimates, once the various companies under the Chino Union finished replacing the magic steel smelting equipment, the Chino Union's steel production would break thirty million tons a year.
Compared to this, the six hundred thousand tons that the Xinfei Chamber of Commerce announced a month couldn't compare at all.
But New Flyer was the first company to have a steel mill and was the first company to refine steel. Moreover, they had already developed many different kinds of steel smelting equipment, so they had a total of seventeen different kinds of steel smelting equipment, which could satisfy all the special needs of steel.
Even if New Flyer transferred some of their steel smelting technology to other companies and sold large amounts of magic steel smelting equipment, everyone admitted that New Flyer's steel was without a doubt the best and highest quality.
So even if the Xinfei Chamber of Commerce only announced that they had increased their production, which was far from being able to compare to the Chino Union, it was still very welcomed and there were countless orders that came in.
It had to be known, before this, New Flyer had only used the steel smelted for themselves to satisfy the needs of New Flyer's own magic machines, so they only sold a small amount.
Now that New Flyer was willing to sell large amounts of steel, they had to quickly snatch it.
At the beginning of September, the Xinfei Chamber of Commerce released their data to the public again.
According to the data, the Xinfei Chamber of Commerce had produced eight hundred thousand tons of steel in August, which was over 30% of their estimates.
Of these eight hundred thousand tons of steel, the Xinfei Chamber of Commerce left three hundred thousand tons of steel to satisfy the needs of the companies under New Flyer, while the remaining five hundred thousand tons of steel were all sold.
At the same time, the Xinfei Chamber of Commerce announced that they had reached an agreement with the Nozdormu Business Union Kingdom, the Wales Duchy, and the other seven countries. They had bought a total of twelve mines in these seven countries, which included four iron mines, three non-ferrous metal mines, and five Magic Crystal mines.
When this news came out, it created another uproar.
People thought that with the control of the Chino Union and the Valley Organization, there wouldn't be any free resources in the Sines, but now that the Xinfei Chamber of Commerce had made a move, they had obtained twelve mines at once.
Although this couldn't compare to the two mining companies, it meant that New Flyer wasn't powerless to fight back. The two mining companies didn't really control the Sines.
Once this news was announced, people's confidence in the Xinfei Chamber of Commerce increased by a bit.
However, the Chino Union and the Valley Organization quickly launched a counterattack.
At the end of September, the Chino Union announced another increase in the iron ore price, breaking four gold coins per ton.
This price was quite subtle.
This was because even if the Xinfei Chamber of Commerce controlled several iron mines, the Xinfei Chamber of Commerce's main business was refining various kinds of steel and non-ferrous metals. As for mining, they were limited in manpower and accumulation, so it wasn't enough to satisfy the needs of the Xinfei Chamber of Commerce.
So the Xinfei Chamber of Commerce still needed to buy large amounts of ores from other sources to satisfy their needs. The main source was the various companies under the Chino Union.
So now that the Chino Union had increased the iron ore price, there was no doubt that it had increased the cost of refining the iron ore for the Xinfei Chamber of Commerce.
Moreover, the price of four gold coins per ton made the profits of the Xinfei Chamber of Commerce very small, it could even be said that there was no profit at all.
And at the same time, the Chino Union also adjusted the price of the steel under their name, reducing it by nearly 20% in one breath. The price even fell below 20 gold coins per ton.
With such a price, it could almost be said that the Chino Union's profits in steel refining had become thin.
The most important thing was that this price was extremely obvious compared to the price of 27 to 30 gold coins per ton set by the New Flyer.
Three days after the Chino Union announced the price adjustment, the Valley Organization also announced the price adjustment strategy, basically keeping the same pace with the Chino Union.
Of course, this was not discussed by the two organizations, but since the Chino Union had made such an adjustment, the Valley Organization could only follow, otherwise they would fall into a great passive position.
However, everyone knew very well that the Chino Union's large price adjustment was obviously not aimed at the Valley Organization, but at the Xinfei Chamber of Commerce.
After all, the Xinfei Chamber of Commerce, or the New Flyer, had a shallow accumulation and was obviously weak in mining, so the supply of ore was limited by others, so the Chino Union raised the price of ore.
And in the project of the Xinfei Chamber of Commerce, steel refining, the Chino Union did not hesitate to lose a lot of profits to greatly reduce the price. Obviously, they were forcing the Xinfei Chamber of Commerce to also reduce the price, in order to suppress the profits of the Xinfei Chamber of Commerce.
This was not a conspiracy, but it was clear that they were relying on their far larger scale than the Xinfei Chamber of Commerce to bully the New Flyer with their strength.
Their purpose, of course, was to drive the Xinfei Chamber of Commerce out of the mineral resources industry.
In the view of the Chino Union, the appearance of the Valley Organization was not surprising, but the Xinfei Chamber of Commerce was an unexpected anomaly.
Moreover, the strength of the Valley Organization was similar to that of the Chino Union, so of course, it was impossible to solve it in a short time. Therefore, the most important thing was naturally to drive out the Xinfei Chamber of Commerce, the disruptor, and then compete with the Valley Organization.
This purpose was so obvious that the president of the Chino Union did not hide anything at all in a press conference to publicly say that the New Flyer should honestly stay in the magic machine industry they were good at, and should not be involved in an industry that did not belong to them.
And the New Flyer's response to this … was once again no response.