South Korea's KOSPI rose 2.64% intraday, breaching the 8,700 level.

Anyang Steel said on May 31 it completed and commissioned an electric heating furnace for titanium plate at its No.2 hot-rolling unit. The new furnace will operate in tight coordination with the hot-rolling mill to provide precise, standardized heating for multiple titanium-plate specifications, address a process shortfall in high-end titanium rolling and strengthen the company’s high-end specialty steel product mix.

Taiwan Nikkei Manufacturing PMI 56.1 in May, up from 55.3 in April.