Chinese Steelmakers Buy Record Amount of Mongolian Coal After Mine Closures
21 Dec 2023
(Bloomberg)
— China bought a record amount of coal from neighboring Mongolia last month as
steel mills looked to cover a shortfall of the fuel after a spate of fatal
mining accidents.
Deliveries
in November hit 7.9 million tons, more than double the figure of a year
earlier, according to customs data, which helped lift China’s total imports for
the m