SMM announces the discontinuation of updates and new data for non-oriented silicon steel FOB price points and database, due to strategic adjustments and to maintain price accuracy

Malaysia has developed a relatively mature stainless steel network. Domestic transaction prices for 304L stainless steel can effectively reflect changes in local market.

SMM will launch new import and export price assessments for billets in the Black Sea, Philippines, and Turkey, effective from 13 July 2026, to better reflect market dynamics and support global trade.

SMM is adjusting the "HRC St3sp 2-8mm FOB Black Sea" specifications, effective 03 July 2026, to better align with international trade practices and industry standards.

SMM will launch a new 9-Series NCM Cathode Material (For CE) price effective July 1, 2026, benchmarked against the 900604 and 900505 models to provide price guidance for consumer market.

SMM is optimizing its USD price conversion methodology. The adjustment, effective June 26, 2026, will more accurately represent the cost structure and market reality for commodities.

Belgium, as an important metal trading, port logistics and regional distribution hub in Europe, is one of the key destinations for stainless steel imports entering the European market.

In recent years, with the acceleration of industrialization in Malaysia, the demand for high-quality stainless steel in the local construction, automotive, home appliance manufacturing, and high-end c

SMM will launch two new price points for Malaysia 304 stainless steel, "Malaysia 304/NO.1 Coil Mill Edge" and "Malaysia 304/2B Coil Mill Edge," effective May 15, 2026.

To better serve industry clients and more closely align with the market, SMM plans to add 6 copper scrap price assessments for the US region, which will be officially launched on April 24, 2026. Shang