tinplate analysis

 
 

Shanghai Tinplate: Price Expected to Increase

Shanghai – the 16th Shanghai market price of tin plate running smoothly. As of press time, Meishan Steel 0.20mm * 860mm quoted at 6910RMB/MT, Meishan Steel 0.23mm * 800mm quote 6770RMB/MT, Steel 0.25mm * 800mm offer 7,000RMB/MT, Steel 0.30mm * 930mm quote 6600RMB/MT, Baosteel 0.16mm * 895mm quote 7530RMB/MT ( material DR8), above the current market price of the mainstream . (Price reference based on 2.8/2.8) .


Today Baosteel issued in March 2014 tin plate futures orders policies, and Baosteel Meishan Steel tin plated, ferrochrome prices by 150-200RMB/MT , this will boost the domestic tin market trend. It is understood that the current prices of private steel mills in northern markets strong will, is expected to rise at 100-150RMB/MT. From this perspective, the tinplate market after the Spring Festival will set off a wave of “driven by the steel price increases in raw material costs led to rising prices of short-term market price movements," Shanghai market response is particularly evident with the rise booking futures, spot market will also be a certain level of rise.
But in the long term, in 2014 the national " thrifty order" downstream tinplate packaging industry is bound to limit the growth in demand is expected in 3-4 months after the market price or weaker , recommended caution , not so much.

Mirach Tinplate Application

As well known that the major application of tinplate is in packing, which is Mirach tinplate’s ideally suited purpose, by virtue of it being non-toxic, light in weight, strong, corrosion resistant and easily formed, soldered and welded; it also provides an excellent printing surface. The tin coating has a low melting point, possesses lubricant qualities and imparts a good appearance. Cans made from tinplate are easy to handle, dispose and store. Tinplate is primarily used for packaging foodstuffs and beverages, but it is also used in containers for oils, grease, paints, powdered, polishes, waxes, chemicals and many other products. Aerosol containers and caps and closures are also made from tinplate.

China and Japan Tinplate Market Analysis

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.