SMM News on June 20: According to the latest release from the General Administration of Customs, SMM statistics show that China's SiMn exports in May 2025 were 4,554.99 mt, up 33.06% MoM. The cumulative exports from January to May were 12,900 mt, down 39.76% YoY. China's SiMn imports in May 2025 were 423.92 mt, down 0.56% MoM. The cumulative imports from January to May were 4,700 mt, down 55.72% YoY.
The reason for the increase in May exports was the strong purchasing enthusiasm of overseas steel mills for SiMn, leading to a MoM increase in SiMn exports. From the perspective of import and export data, the main source of SiMn exports was Indonesia, while the main source of imports was Kazakhstan.

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