Official SMM Metals Announcements & Market Alerts - Shanghai Metals Market (SMM)

Stay informed with our latest price publication announcements and important notices.
From Nov 13, 2026 (Beijing Time), SMM will use the SMM Rate to calculate spot and historical USD prices, as well as exchange rate changes, across relevant English website pages.
SMM will change the benchmark specification for Nanning and Haikou markets in the "National Rebar Price Index" from Φ20 to Φ18, effective November 13, 2026
Shanghai Metals Market (SMM) has launched the Steel Cost Model, an online tool that helps the market track steel production costs. Built on SMM daily prices, it breaks down the cash cost per tonne of
SMM will officially release monthly production share by type of PV film in China and monthly days of raw material inventories for PV film on November 23, 2026.
Eight New Weekly Data Points: “SMM: Copper Smelter Sulphuric Acid Inventory-to-Capacity Ratio by Region”：expressed as a 0–10 inventory level estimate to quantify regional smelter acid storage pressure
SMM will launch new data points on November 13, 2026, tracking average silver consumption for TOPCon, BC, and HJT PV solar cells in China, updated monthly.
Announcement on the Launch of High-Purity Lithium Sulphide and Japan and South Korea Lithium Sulphide Price Points，Lithium sulphide price points: 3
Two New SMM Price Assessments Release Notice: South Africa 40-42% Chrome Concentrate Ore (North West & Limpopo) and South Africa 40-42% Chrome Concentrate Ore (City Deep)
Announcement on the New "Changsha Construction Steel Price" Price Point
SMM will discontinue the publication of the Rebar – EXW Southern Vietnam (Price ID: 202608050001, Grade: CB300V, Specification: Φ10) price assessment effective 11/9/2026.
SMM to launch new price points for rebar and wire rod in Southern Vietnam on 11/06/2026, providing daily market references in VND/kg and USD/tonne.
Notice on the Suspension of India Price Assessments During the Diwali Holidays
SMM will launch six monthly finished steel export indicators by product on November 16, 2026.
SMM has launched a new real-time bare bright copper import profit/loss dashboard. SMM will also adjust the relevant calculation methodology and database series accordingly.
Announcement on the Addition of Magnesium Hydride Hydrogen Storage Material Price Assessments
Announcement on the Addition of "CIF Vietnam Zamak3 Premium"
From Nov 4, SMM adds 4 rare earth prices (USD/kg): Er₂O₃ (CIF Rotterdam) and Dy₂O₃/Tb₄O₇/Gd₂O₃ (Rotterdam bonded), updated Wednesdays at 20:00 Beijing time, for reference only.
SMM is launching the SMM Spot Premium/Discount Index for silver, effective October 29, 2026, to better reflect market dynamics and provide a reliable benchmark for spot pricing and hedging.
To further improve SMM's cast aluminum alloy price assessment system and meet the industry's demand for price references and transaction settlement across different aluminum alloy grades, SMM plans to
Notice on Discontinuation of Cumulative Indirect Steel Export Value Indicator
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