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.

The country produced 3.44 billion tonnes of raw coal during the period, according to the National Bureau of Statistics.

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

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

Japan’s JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada’s Teck Resources, two people aware of the development said, adding to the list of suitors that also includes miner Glencore.

China exports 17002.979 tons of calcium metal from January to September.

China exports 1762.508 tons of calcium metal in September 2023