[MIIT: Automotive Industry Economic Performance in September 2026]

Currently, the Tianzhu Steel 750 production line upgrade and renovation project has officially entered the decisive critical phase of equipment fine-tuning, full-area integrated commissioning, and the final sprint toward production launch. Workshop Director Wang Weiguo has set an example by taking initiative and responsibility, grounding himself with a strong sense of duty on the front line of commissioning and commanding from the forefront. Through practical action, he has shouldered the heavy responsibility of production launch, and through perseverance, he has demonstrated responsibility and commitment, becoming a benchmark and role model for all cadres and employees in overcoming difficulties and striving for excellence.

Mongolia’s Mineral Resources and Petroleum Authority reported that the October 2026 international market reference price for exported molybdenum was $74,031.14/t, up 0.8% from September’s $73,475.58/t. The October value is based on the September 2026 average and is published under Article 47 of the Minerals Law and related government resolutions. It is an official export-mineral reference price—not an Erdenet concentrate auction result or an oxide spot quote. The page does not specify product form or grade.

Shandong mines and beneficiation plants quoted 64-grade alkaline powder, dry basis, pre-tax, acceptance, ex-mine at 759 yuan, down 12 yuan WoW. Steel mills lowered prices in tandem. After the holiday, steel mill purchases returned to a normal pace, some miners saw shipments slow down, and some continued to fulfill long-term contract orders with no inventory pressure. Overall, the market was relatively stable; mines and beneficiation plants were affected by lower imported ore prices.