In this blog entry, we discuss the topic of China and Japan Tinplate Market Analysis. The following parts are the detail info about Chinese and Japanese tinplate related products marketing.
Back in February, we dipped back into one of the minor metals we cover on a more seldom basis by interviewing tinplate expert Rodrigo Vazquez. As founder and senior vice-president of Harbor Intelligence Tinplate Unit, Vazquez has a unique perspective on the tinplate market.
Recently, news of Japan’s Nippon Steel entering a 50/50 venture with China’s Wuhan Iron and Steel for $293 million, as reported by ITRI, crossed our radar. The move will boost Nippon’s tinplate capacity to two million tons; the company is forecasting that China’s demand will increase to between 3.28 and 3.70 million tons by 2015, compared to 2.32-3.0 million tons in 2009, according to the report. Also, AMM reported that Baosteel raised its tinplate prices for June delivery, based on higher costs and improving sales, especially in the export market.