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Tinplate export prices increased sharply in Japan

Tinplate export prices increased sharply in Japan

It is reported recently that Japanese steel mills have raised the export prices of tinplate about USD50/MT for the second quarter of 2014. The tinplate exporting price to the USA is expecting to increase around 3%-5%, at the same time, Korean steel tinplate plants may also raise the prices.

 

In addition, in Asia, China, Baosteel has raised the export price of tinplate by USD8/MT, and Thailand tinplate manufacturers will raise prices by aboutUSD40/MT, due to strong demand for the local canning industry.