Price[SMM Announcement]Notice on Frequency Adjustment for Price Quotes of Indonesia Slabs, Billets, and Wire Rods

Published : Jul 07, 2026 15:10
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Dear Users,

Greetings!

During recent communications with clients, we have learned that data points such as slabs, billets, and wire rods from Dexin Indonesia are frequently accessed. To better meet market demand and enhance data timeliness, we have decided to officially adjust the quotation frequency for the relevant data points from "Weekly Update" to "Daily Update."

This adjustment to the price point frequency will take effect within 10 business days. Clients currently using these prices should promptly adjust their price retrieval and data capture frequency to avoid data citation errors caused by the frequency change.

The details of the data points involved in this adjustment are as follows:

Product Name Price ID Indicator ID Original Quotation Frequency Adjusted Frequency
Slab 202511040003 S22855298 Weekly Daily
Billet 202511040004 S22855303 Weekly Daily
Wire Rod 202511040005 S22855308 Weekly Daily

- Product Name: Slab
- Definition: Dexin Indonesia EXW price
- Unit: $/mt
- Quality Standard: Carbon content 0.03%-0.06%, manganese content 0.15%-0.30%
- Mainstream Brand: Dexin Indonesia
- Minimum Trading Volume: At least 6,000 mt
- Delivery Period: Within one month
- Release Time: Daily, 14:00-15:00 Beijing time on working days
- Payment Terms: L/C, T/T, or D/P; other payment terms are subject to separate negotiation

- Product Name: Billet
- Definition: Dexin Indonesia EXW price
- Unit: $/mt
- Quality Standard: Carbon content 0.18%-0.23%, manganese content 0.40%-0.60%
- Mainstream Brand: Dexin Indonesia
- Minimum Trading Volume: At least 6,000 mt
- Delivery Period: Within one month
- Release Time: Daily, 14:00-15:00 Beijing time on working days
- Payment Terms: L/C, T/T, or D/P; other payment terms are subject to separate negotiation

- Product Name: Wire Rod
- Definition: Dexin Indonesia EXW price
- Unit: $/mt
- Quality Standard: Carbon content <=0.07%, manganese content 0.25%-0.352%
- Mainstream Brand: Dexin Indonesia
- Minimum Trading Volume: At least 1 mt
- Delivery Period: Within one month
- Release Time: Daily, 14:00-15:00 Beijing time on working days
- Payment Terms: L/C, T/T, or D/P; other payment terms are subject to separate negotiation

You are hereby notified. Thank you for your long-standing support and understanding of our data services!

SMM Steel Research Team
July 7, 2026

[SMM Announcement]Notice on Frequency Adjustment for Price Quotes of Indonesia Slabs, Billets, and Wire Rods — Shanghai Metals Market (SMM)