Silicomanganese futures close at 8434 on June 1

Japan ferrosilicon (Si≤55%) imports decrease 52.81% YoY in April 2022.

The labor-intensive iron and steel industry, as a symbol of the second industrial revolution, was often associated with images of workers toiling away in mills, sweat pouring down their faces.

ASEAN is the biggest trading partner of Guangdong, one of the major production bases in the world.

The coal sub-index slid 5.6 percent to 1,071.72.

Japan ferrosilicon (Si≤55%) imports increase 0.31% YoY from January to April 2022.

They also said the industry has accelerated structural upgrades to pursue greener growth pathways.

The city's total import and export value with ASEAN countries hit 52.3 billion yuan ($7.74 billion) from January to April, up 15.1 percent, year-on-year.