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.
Continue reading "Defeated ArcelorMittal Lowers Tin Price"
Sunday, August 17, 2008
The Department of Trade and Industry (DTI) in Philippines expects prices of canned goods to start declining in coming months due to to declining world prices of tin. DTI Undersecretary Zenaida Maglaya said: Tin prices rose in the past weeks due to high demand from China which increased its tin consumption as a result of constructions for the Beijing Olympics. [...]
Continue reading "Canned goods prices to decline due to lower tin demand"
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Tuesday, September 29, 2009