China’s economic slowdown hits Mongolian metspar exports

By Shruti Salwan
Published: Friday, 26 February 2016

Falling steel output in China followed by the Spring Festival holiday has led to lower shipment volumes for Mongolia’s metallurgical fluorspar exporters, while prices are also showing the strain of weaker demand.

Mongolian exports of metallurgical grade fluorspar (metspar) to China fell by 12% year-on-year (y-o-y) in 2015, with further declines reported in February 2016, as consumption slumped during the China’s Spring Festival holiday.

Slowing steel production in China, which fell by 2.3% last year, was the main reason for the drop in...

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