Largo Reports Third Quarter 2023 Production and Sales Results

Inner Mongolia Ulanqab Leading China Ferroalloys Industry Development Ferro-Alloys.com visiting

$2 billion critical minerals boost crucial to energy transition

It found that mild weather over Australia's winter led to lower demand for electricity over the period.

With robust signs from the realty and construction sectors, the steel market will recover soon, he added.

Prices remain down by 33pc from their April peak of $1,200/st.

Coal is a main export commodity of Mongolia, which is rich in natural resources.

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt) in September 2023, a 1.5% decrease compared to September 2022.