This Is How I Became a Chaebol

085 : I do not rewrite

“Boss Wu, what do you mean by that? Japan wants results?”

Deputy Minister Yeom asked back with an expression that he didn’t know what he was talking about.

“Think about it. No matter how much progress Japan has made, it is still difficult to say that it is a technologically advanced country compared to West Germany and the United States.”

“Yeah, that’s what you guys think. However, it is true that I have skills.”

“Exactly. Japan says it’s great on its own, but other people don’t acknowledge it. Then what do you need?”

“… Ugh…”

Only then did Assistant Minister Yeom shut his mouth.

“Our steel mill is performing well. Supporting a million-ton factory also proves that the larger the factory, the higher the level of their technology.”

“Is that all? Aren’t all the equipment and construction raw materials, as well as technical service costs, made in Japan?”

“… That’s right. Hot-rolling and iron-making facilities are provided by Mitsubishi, steel-making facilities are provided by Kawasaki, technical services are provided by Yawata Steel, and initial operations are operated by Fuji Steel… There is no limit.”

“Besides, our artisans would build a steel mill at an incredible speed. Maybe in 3 years or so? It will be a huge achievement.”

“Sir… I can’t believe it… It will take at least five years.”

“It took six years in Brazil and nine years in India to build a 500,000-ton steel mill. Foreign children also have a difference of 3 years in each country, how much will it be shortened in Korea?”

“……”

In the original history, it took only 3 years and 3 months for Korea.

What is even more surprising is that it took more than a year for foreign countries to raise their operation rate to 80% after constructing a steel mill, but Korea achieved 100% operation rate in just four months. Everything was in the Guinness Book of World Records.

“That’s all going to be Japan’s performance.”

“Yes. Based on that performance, Japan will begin to sweep the global steel plant market. Regardless of South America, the Middle East, Southeast Asia, and Turkey, we will dominate large-scale orders by beating American and West German companies.”

In fact, it was.

They even advertised the speed at which Korea’s technology was developing, claiming that it was thanks to Japan’s systematic technology transfer.

“That’s why Japan is supporting the construction of a 1 million-ton steel mill even against the opinion of the United States. Even citing the Korea-Japan agreement.”

Are you saying that Japan put the steelworks loan into the Korea-Japan agreement on its own? Hey, history has changed a bit.

After filling the barn, it seems we have the upper hand in negotiations. no need to be dragged

“This is an opportunity for Japan. When the US foreign loan support policy is in effect, Japanese companies are trying to win large orders.”

We are all in a hurry.

The steelworks must be completed before iron ore prices skyrocket due to oil shocks.

“It’s like the US is releasing money and Japan is eating it. I can’t believe you’ve never guessed Japan’s true intentions…”

Assistant Secretary Yeom let out a groan.

Did this man really think that Japanese businessmen were friendly to Korea?

“You can wear any number of masks in front of money. What can you say about wanting to apologize for colonial rule, helping fellow Asians, and opening a future together?”

“Still, if we lead Korea-Japan negotiations well, we will be able to inject about 100 million dollars from loans and loans into the steelworks. No matter what their intentions are, we just need to get the truth.”

“How can something like 100 million dollars, including in-kind loans, be loaded? To give the performance of a 1-million-ton integrated steelworks, we need to receive 1 billion dollars.”

How much money does Japan make with this performance!

I couldn’t bear to say that if I were the president, I would never receive a loan like that.

“Deputy Minister, even when I see it, it doesn’t make sense to bet with 100 million dollars. Design services as well as construction raw materials and steelworks facilities are all made in Japan. It’s like taking stock in Japan under the pretext of a loan in kind.”

“So meticulously… Ha…”

Deputy Minister Yeom looked at me and Director Seok in turn, then drank in succession.

“Haa… that’s disastrous. How can a person called the deputy minister of a country be so stupid?”

Deputy Minister Yeom sighed and blamed himself.

This seemed like an advantage of Assistant Minister Yeom.

I honestly confessed everything and honestly admitted it.

“There is no need to be mortified. Because Japan has covered our eyes.”

I filled Assistant Secretary Yeom’s drinking glass.

In the 1960s, even those who were so-called overseas experts looked at world trends through Japan.

The world couldn’t have looked right. He was brainwashed to suit the Japanese taste and had no choice but to become a hukou.

“Now, it is late at night. Everyone is sleeping.”

“Yes. I’ll just go. Oh, Mr. Woo. Please read this before arriving at Incheon Steelworks tomorrow.”

Director Seok Gi-hun put a report on top of the pile of paperwork and then bent over.

“Then, rest in peace.”

Director Seok helped Assistant Secretary Yeom and went to the crossing room.

Deputy Minister Yeom was already very drunk, and he was insane, probably due to his lack of qualifications.

‘Hey, Director Seok… I must have been an idiot…’Read at readwn

Judging from the constant muttering over the wall, it seemed that Assistant Minister Yeom was grabbing Director Seok and complaining.

I leaned against the opposite wall and picked up the report.

I was thinking of figuring out the outline until my son-in-law calmed down.

「Incheon Steel West Germany Ruhrgi (Company) Loan Cooperation Task」

– Ipcheol-style steel eye

– 9.2 million USD loan, 3.94 million USD interest, total 13.14 million USD government payment guarantee completed.

“A mouth-watering seasonal plan? What is mouth iron?”

It was an unfamiliar term even though I was not from a steelworks, and I had gone through all the hardships in the heavy industry.

I was going to read the first chapter…

“what? Is this a scam?”

The more I read, the more spectacle it was.

It was written that it was not in any primitive age, but that it was made by making sponge iron from iron ore and anthracite coal and then melting it again in an electric furnace to make steel.

This iron-making technique was used as a last resort by the Japanese military at the end of the Pacific War.

You borrowed as much as 9.2 million dollars for the introduction of technology that only appears in history textbooks?

I have to pay back 13 million dollars with interest.

Yangachi is not like this.

There is a 100% chance that the borrower of this loan is either an idiot or a low-key entrepreneur who is out of his pocket.

Rurgisa, who suggested this technique, was also a bully. West Germany did this bullshit?

In the meantime, aren’t they proud of themselves in the tech field?

I was upset and couldn’t sleep.

I wanted to go to Incheon Steelworks right away and catch the collar of those who were talking about Lurugi.

***

next day,

pair, pair, pair.

“welcome.”

I visited Incheon Steel, accompanied by Assistant Minister Yeom and Director Seok. Perhaps because we had contacted them in advance, even the staff came out and welcomed us.

“Nice to meet you. I am Dong-jun Dong-joon, CEO of Incheon Steel.”

“This is Woo Chan-soo, a popular businessman.”

“You have gone a long way. Come this way.”

President Dong-jun Dong headed towards the inside of the steel mill.

“Incheon Steel owns the nation’s largest flat furnace with a capacity of 70 tons, capable of producing 140,000 tons of steel per year, and has a reversible hot rolling mill, so it can produce about 100,000 tons of thick hot steel sheets per year.”

“!!!”

Are you making thick plate hot steel?

Production is only 100,000 tons per year, but that means there are experienced people here.

It was a good company.

“In addition, according to the government’s step-by-step steel industry promotion policy, if a sponge iron production facility is first constructed with a small investment cost and the sponge iron is made into molten iron in an electric furnace, it is expected to be in a form close to that of a comprehensive steelworks.”

“Sponge iron replaces the pig iron from the blast furnace.”

“That’s right. This is the intermediate material we call sponge iron or grit iron.”

President Dong-jun Dong proudly placed a sponge iron on his palm.

It was a sponge-shaped bead with a hole about 1.5 cm in diameter.

Black coal dust was stuck in each hole, so it was difficult to tell whether it was an iron ball or a coal ball.

Occasionally, when sponge iron is heated in an electric furnace, the fine coal powder causes a reduction reaction, raising the temperature inside the furnace to 1500 degrees.

I don’t know if it’s a furnace, but I can’t stand it with electricity.

In short, a guy who had never mass-produced before made the process in front of his desk.

‘Dong Il-joon bastard, he ate the loan.’

A steel mill boss spending $9.2 million on this kind of technology? It means that he was only taking loans through the back hole and had no intention of reviewing technology.

“Rurgisa decided to transfer this sponge iron technology, right? With a $9.2 million loan.”

“Yes, we have famous masters from West Germany in our company.”

“let’s go.”

“Yes?”

“Let’s go and see. I need to see the iron-making method with my own eyes.”

When I asked to go, the president flinched.

“What are you doing, President Dong? Doesn’t President Woo want to see you? I have to report it to the Blue House!”

“Ah, yes. Yes.”

As Deputy Minister Yeom stepped forward, President Dong-jun Dong-joon took the lead.

***

“Stop. It is prohibited to enter this place except for those who are related.”

A large German stood in the way.

“Get out of the way. It’s from the Korean government. I need to see the Master.”

“No entry except for those involved. Go back.”

It seemed that he understood the size of the German, but he pretended not to understand and shook his hands and drove the people away.

Did you bring your own security to transfer the technology?

I couldn’t help but win.

“Chief Wu, it’s a pity that my German friends are so obstinate about technology security. I’ll give you the report first, and observe later…”

CEO Dong-jun Dong began to make excuses.

I knew it would be like this. A thief is bound to stumble.

“Hey, I said Vicky.”

I warned the German hulking sternly.

How dare you act like a bully in someone else’s country?

puck.

“Excluding officials… gagging!”

“shut up.”

Secretary Ki, who was watching at my glance, kicked the guy’s romantic interest.

puck.

“Keuouk!”

“Where is President Woo blocking the way?”

Secretary Ki put another pair of boots into the big man’s pit and dragged him out of the street.

“let’s go.”

“Yes, yes.”

As I took the lead, everyone followed with bewildered faces.

Not only the president, but also the employees of Incheon Steel froze.

Slowly.

Secretary Ki opened the warehouse door that had been closed.

“Who? No entry except for those involved in this place… Huh?”

A German who seemed quite young to be called a Master looked at my group and frowned.

“Are you the Master of Rurgisa?”

“Who is it? you?”

“Are you saying you want to transfer technology to that drum?”

In fact, I was dumbfounded when I saw it.

It’s not from ready-mixed concrete, what are you going to do with an electric furnace that’s 2m in diameter and 4m in height?

“Who are you!”

I couldn’t even understand basic English.

This kind of guy is a master, it’s a piece of shit.

“Is it Rurgi’s core technology to make steel by melting iron in this electric furnace?”

Director Seok jumped up and asked the question again in fluent German.

Even to Director Seok’s question, the Master was unable to respond.

no i have nothing to say because this is a scam

Beat the wedge.

“Try starting from this electricity.”

Director Seok translated my words into German.

“… What, what are you talking about? Do it from scratch. You guys should read my report and learn how to operate step by step. One year is enough to get the optimal process…”

“Take it back now! It’s worth 9.2 million dollars, but I can’t melt the railroad!!!”

If you turn this electric furnace, it will become clear.

When I grabbed him by the collar and shook him, he suddenly fell out.

“Chief Woo, it is impossible to operate right now…”

President Dong-jun Dong-jun stepped in to help.

“swarm? You said it’s been half a year since you brought this in? What have you been doing? Is there a saying that technology is transferred without operating it once?”

At my words, President Dong could not find anything to reply to.

“Boss, here is the report. The order of operation is written.”

Director Seok came with a report from somewhere.

“No! No! No! Not yet!”

The German guy rushed to take the manual, but Director Seok blocked it with his body.

“Good. Let’s run it as written here. It says that you only need to pour iron in, add auxiliary ingredients including limestone and deoxidizer, turn on the power, and blow air into it. Let’s see what happens.”

I operated a crane and picked up a bunch of raw materials piled up on one side of the furnace and put it into the furnace.

“Chief Wu, it’s embarrassing if you do this.”

“Difficulty? I’m not in trouble at all Wouldn’t it be more difficult if a few tons of steel could not be pulled out of a state-of-the-art electric furnace worth 9.2 million dollars? Hey, do you guys think my behavior is troublesome?”

“… uh…”

The Incheon Steel employees were silent and unable to answer.

“Turn on the power and blow air into it.”

According to my words, Director Seok turned on the power and started the equipment.

clap. Weiying.

“Ugh…”

The German bastard called Master began to tremble.

“Everyone, let’s get out of the warehouse. If you don’t want to die.”

“Yes?”

People came out of the building in amazement at my words.

“There bulldozer driver! Build a dam with sludge in front of this warehouse. Everything here will be a sea of fire.”

“Look at this. See you, see you!”

The president went out with a blush on his face.

“Shut up! Everyone do what you tell them to do! hurry!”

Deputy Minister Yeom Won-cheol took out his ID card and waved it in all directions.

“what are you doing! Build a sandbank in front of it!”

Even Director Seok came forward, and only then did the Incheon Steel employees hurriedly move.

As soon as the embankment was built, the electric furnace became red hot.

“Ouch! The molten iron… The molten iron!”

It wasn’t cheers. It was a scream.

The sole melted with electricity and the molten iron began to flow out.

After all, it was a garbage electric furnace.

Garbage is not something to fix.

Make sure you break it to make money.

The West German government, which failed to transfer the technology, will have to pay compensation for defects, and the guy who stole the loan will have to spit out the money he ate.

Most of all, a company that is in a state of disrepair will be put up for sale.