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18 Jul
08:55

Mongolia's June iron ore exports to China hit below $100/t

In June this year, Mongolian iron ore exports to China hit below $100/tonne for the first time a long period. Meanwhile Mongolia exported more bituminous coal at lower prices compared to May, Kallanish notes. Mongolia exported 346,103 tonnes of iron ore in the reporting month and China was the only consumer as usual. The volume was down 10.4% month-on-month and 46.7% year-on-year. Total exports over January-June reached 1.75 million t, a decrease of 56.6% y-o…
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