A more sustainable growth in the steel market will likely be a better bet.
i suspect the property market has already bottomed in china. But there tends to be a lag effect on the steel market. And subsequently the ferroalloy markets.
its upsetting, because I was looking at investing in some of the prop developers in china.
Ann: FY2023 Net Profit After Tax US$18.2 Million & App 4E, page-148
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