【Flash | Mongolia’s September Molybdenum Output Recovers Month on Month but Remains 13.3% Lower Year on Year】

Published: Nov 03, 2026 16:32 (GMT+8)
Mongolia’s National Statistics Office reported September 2026 molybdenum concentrate output of 418.2 tonnes under the table’s contained-metal reporting basis, up 9.5% from August but down 13.3% from a year earlier. SMM calculates January–September output at 4,090.7 tonnes, up 6.4% year on year, with cumulative growth slowing from 9.2% in January–August. September output increased by 36.2 tonnes month on month but remained 64.1 tonnes below September 2025. The official table provides no company-level breakdown, so the operational drivers cannot yet be confirmed.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel] Vietnam HRC Import Prices Edge Higher as Domestic Offers Exceed Indonesian Cargoes
2 mins ago
[SMM Steel] Vietnam HRC Import Prices Edge Higher as Domestic Offers Exceed Indonesian Cargoes
Read More
[SMM Steel] Vietnam HRC Import Prices Edge Higher as Domestic Offers Exceed Indonesian Cargoes
[SMM Steel] Vietnam HRC Import Prices Edge Higher as Domestic Offers Exceed Indonesian Cargoes
[Vietnam] HRC import prices rose by 2 USD/tonne to 531 USD/tonne CFR Vietnam. Two Indonesian mills reportedly sold substantial volumes of SAE1006 HRC at 532 USD/tonne CFR Vietnam last week, for December–January delivery. A major Vietnamese steelmaker announced December-delivery offers for SAE1006 and SS400 HRC at approximately 559–560 USD/tonne CIF Vietnam. While prices remained unchanged in Vietnamese dong, their USD equivalents increased due to exchange-rate movements. With domestic offers significantly higher than Indonesian imports, Vietnamese buyers remained cautious about placing orders.
2 mins ago
[SMM Steel]
41 mins ago
[SMM Steel]
Read More
[SMM Steel]
[SMM Steel]
[Sheets & Plates] Today, export prices for HRC and some other sheets & plates fell $2-3/mt WoW, with HRC transaction prices concentrated in the $478-485/mt range. Steel mills in north China, with order books extending far ahead and severe port congestion, maintained relatively high offers; some second-tier export producers lowered prices, with offers at $480/mt. Overseas conditions remained subdued, with a strong wait-and-see sentiment.
41 mins ago
[SMM Steel]
41 mins ago
[SMM Steel]
Read More
[SMM Steel]
[SMM Steel]
[SMM Steel] Market feedback indicates that for Q235B HRC with specifications of 14-30mm and shipment in January, the FOB transaction price was $535/mt, with the port of shipment being Tianjin Port and the destination country being the Middle East.
41 mins ago