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 chemical equipment sectors has continued to grow. 316L stainless steel has seen increasingly widespread application in the local high-end manufacturing industry due to its excellent corrosion resistance and processing performance. Malaysia has developed a mature stainless steel processing and distribution system, and the local transaction price has become a core indicator for measuring terminal costs and assessing the balance of supply and demand in the Malaysian market.
To further refine the SMM international pricing system, enhance market transparency, and provide pricing benchmarks closer to terminal delivery for the upstream and downstream industry chain, SMM has decided:
Effective June 5, 2026, SMM will officially launch:
"Malaysia 316L/NO.1 Coil Mill Edge" and "Malaysia 316L/2B Coil Mill Edge".
Price specifications:
- Description: Malaysia 304/NO.1 Coil Mill Edge
- Quality: Standard thickness 4mm, thickness range 4.0-8.0mm, width 1520mm, burr edge, compliant with ASTM A480/A480M
- Definition: Delivered to consumer works Malaysia
- Unit: RM/tonne
- Quantity: Minimum 20 tonnes
- Timing: Within 30 days
- Publication: Daily, by 12pm Malaysia Time
- Payment Terms: L/C/Cash at sight in RM, or other payments normalized
- Description: Malaysia 304/2B Coil Mill Edge
- Quality: Standard thickness 2mm, thickness range 1.5-2.0mm, width 1240mm, burr edge, compliant with ASTM A480/A480M
- Definition: Delivered to consumer works Malaysia
- Unit: RM/tonne
- Quantity: Minimum 20 tonnes
- Timing: Within 30 days
- Publication: Daily, by 12pm Malaysia Time
- Payment Terms: L/C/Cash at sight in RM, or other payments normalized
For any inquiries, please contact the SMM Nickel & Stainless Steel Industry Research Department.
SMM Nickel & Stainless Steel Industry Research Department
May 28, 2026