Articles Tagged "base"

Defeated ArcelorMittal Lowers Tin Price

Following major criticism over the increase of its tin-plate prices, which were adjusted yearly by 69% to 78%, ArcelorMittal South Africa (ACLJ.J) has toned down prices. The decision was welcomed by the packaging industry. But tin prices have yet to respond significantly to the fresh supply problems in Indonesia, which may be partly due to the strong recovery in Chinese production.

LME tin prices looked firmer

Although LME tin prices dipped along with every other base metal in late 2008, as the following chart, courtesy of the LME illustrates, it didn’t drop as far in percentage terms as many of the others. For full story, click here