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

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

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.

The figure accounted for 36.9 percent of the province's total imports and exports.

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

Indonesia's parliament this month approved a request from the government to increase energy subsidies because of rising commodity prices.

India's finished steel exports in April fell to their lowest level in five months on weaker demand and increased competitiveness in the international market.

A congressional report indicates that Mexico’s public spending on energy in 2021 soared well beyond the approved amount with extraordinary support to national oil company Pemex cited as the primary reason.