MYSTEEL: Mongolian coal supply to China tumbles as Ganqimaodu tightens stocks checks

Mongolian coal supply via China's Ganqimaodu border port has continued to plummet following port authorities' tighter environmental checks on open-air coal stocks. This led to rapid inventory drawdowns at the key crossing and fueled market jitters over a harder hit to China's overall coking coal availability.

Port authorities at Ganqimaodu – the largest gateway for Mongolian coal exports to China – have ordered port-based traders to clear their open-air coal stockpiles since mid-August. The move came in line with a directive banning open-air coal storage and unloading amid heightened environmental inspections in the region, Mysteel