Industry News

1、 Market Dynamics Overview
Potential demand for infrastructure projects
In January 2025, Mongolia launched the bidding for the Tula River Expressway project in Ulaanbaatar City (with a total length of 32 kilometers), planning to invest in the construction of a 6-lane highway and improve regional transportation efficiency. This type of large-scale infrastructure project may drive the demand for building materials such as light steel keel, but the specific procurement quantity is not clear.
Application Cases of Chinese Enterprises in Mongolian Engineering
China Second Metallurgical Group Corporation used light steel keel in the shantytown renovation project in Mongolia (aided by the Chinese government), and completed the installation of 19200 square meters of exterior wall keel by February 2025. This indicates that light steel keel has been practically applied in the construction of affordable housing in Mongolia, but the local market price has not been mentioned.
2、 Background of Trade and Supply
Fluctuations in Sino Mongolian trade
The bilateral trade volume between China and Mongolia in January and February 2025 decreased by 12.2% year-on-year, with Mongolia's imports from China reaching 522 million US dollars (accounting for 30.5% of its total imports). The contraction of trade may affect the import cost of building materials, but the specific data of light steel keel has not been disclosed.
3、 Potential influencing factors
The impact of Mongolia's National Day holiday: During the "Nadam" period of July 10-17, 2025, ports will be closed, which may lead to a short-term halt in the import of building materials.
Transportation cost: Mongolia relies on importing building materials through land ports, and geopolitical factors (such as temporary closure of ports) may push up the landed price of light steel keel.