SMM Lanuches Strategic Expansion into India to Accelerate Global Commodity Data Network Development

Shanghai Metals Market (SMM) is thrilled to announce that we have  formally kicked off our full-scale strategic expansion across India, marking another landmark cross-border initiative in South Asia following our established presence in key global commodity hubs spanning Europe and the wider Asia-Pacific region. Concurrent with this market push, SMM has appointed Mr. Amit Hablani as Head of India Business, entrusting him with SMM’s commercial strategy and localized business development across India and the broader South Asian subcontinent.

India ranks among the world’s fastest-growing consumers of metals and bulk commodities. Driven by its rapid domestic industrialization, evolving local spot price benchmarks, and a booming green circular economy centered on scrap metal, the nation has emerged as a strategically pivotal location within the global commodity value chain. By deepening our South Asian operational footprint, SMM aims to integrate its years of proprietary digital technology and rigorous price assessment methodology with on-the-ground market realities in the region. This integration will address void in local spot pricing frameworks and industrial data coverage.

Mr. Amit Hablani has over 14 years of specialized expertise spanning commercialization of commodity data, cross-border market penetration, and B2B client ecosystem development. Possessing deep knowledge of South Asia’s metals and commodity supply chains, he will assist SMM's local commercial rollout and rapid establishment of a fully localized service infrastructure.

Logan Lu, SMM CEO, commented: “The full-scale expansion into India represents a vital piece of SMM’s Globalization 2.0 strategy. We recognize not only India’s explosive growth potential but also its rising strategic weight within the international commodity pricing landscape. Moving forward, Mr. Amit Hablani will lead the India team to maintain close alignment with our Shanghai headquarters and all global branches. Leveraging SMM’s decades-long industry expertise and worldwide network, we will deliver comprehensive commodity solutions to global clients with enhanced regional granularity and diversified value propositions.”

SMM will continue to broaden and refine our global service network in the long run and strive to empower partners worldwide and collectively build a more transparent, efficient new ecosystem for the international commodity sector.