After returning from the May Day holiday, the ferrosilicon futures continued to decline rapidly.

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The vast majority of its business is in the flat steel sector, commercial head of flat and long products Pankaj Kumar Purohit told Argus. About 90pc of its tonnage is coils and sheets.

Japan's coking coal imports reached a six-month high in March.

For the quarter ended 31 March 2022, production volumes for FeSi and manganese alloys decreased by 6.1% and 3.0% respectively as compared to the previous quarter.

For the quarter ended 31 March 2022, production volumes for FeSi and manganese alloys decreased by 6.1% and 3.0% respectively as compared to the previous quarter.