China’s ferro-alloys markets largely positive over property stimulus plans

There was active trading in ferro-alloys in China in the week ended Friday November 24 following upbeat sentiment for construction after news that the country’s authorities will be whitelisting financing for certain property developers.

Market sources told Fastmarkets that roughly 50 property developers will be included on a whitelist for financing. Regulatory authorities have reportedly requested banks neither delay lending money to these developers,...

Published

Jessica Long

Tina Tong

November 24, 2023

13:24 GMT

Shanghai