Dear User,
Greetings!
To continuously enhance the scientific rigor, accuracy, and precision of indirect steel export data, further optimize data service quality, and better meet the needs of industry research, market analysis, and decision-making reference, Shanghai Metals Market (SMM) is now conducting a systematic optimization and adjustment of indirect steel export data. The specific details are announced as follows:
I. Core Adjustment Content
1. Upgrade of underlying accounting model: The underlying calculation logic and accounting model for indirect steel export data have been restructured, optimizing data collection caliber, weight allocation, and estimation methods, strengthening the alignment between data and actual market conditions, and improving the accuracy and reliability of data accounting.
2. Historical data retrospective revision: Based on the upgraded underlying model, a comprehensive retrospective review, verification, and revision of the full-cycle historical data caliber for indirect steel exports has been conducted to ensure consistency in caliber, logical coherence, and comparability between old and new data.
II. Effective Date of Adjustment
This optimization and adjustment of indirect steel export data will officially adopt the new statistical caliber starting from May 20, 2026. Subsequent related data releases will uniformly adopt the optimized accounting caliber and classification standards.
III. Important Notes
This data adjustment is a routine optimization effort undertaken by SMM based on industry development trends and data quality improvement needs, aimed at providing the market with higher-quality and more professional data services. We appreciate your long-standing trust and support for SMM data products. Going forward, we will continue to deepen our data research, continuously improve our data system, and empower high-quality development of the steel industry.
SMM Steel Industry Research Team
May 18, 2026