Dear Users,
Greetings!
To continuously enhance the scientific rigor, accuracy, and precision of steel indirect 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) has conducted a systematic optimization and adjustment of steel indirect 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 steel indirect export data have been restructured, with optimized data collection calibers, weight allocation, and estimation methodologies, strengthening the alignment between data and actual market conditions and improving the accuracy and reliability of data accounting.
2 Retrospective revision of historical data: Based on the upgraded underlying model, a comprehensive retrospective review, verification, and revision of the full-cycle historical data calibers for steel indirect exports has been conducted to ensure unified calibers, logical coherence, and comparable continuity between old and new data.
II. Effective Date of Adjustment
The optimization and adjustment of steel indirect export data officially adopted 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 requirements, 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 industry.
SMM Steel Industry Research Team
June 1, 2026