Positive tinplate prospects in emerging markets

ITRI: "Several speakers at the Metal Bulletin-ITRI 9th International Tinplate Conference taking place in Istanbul this week have commented on continuing global growth prospects.

Tarun Daga, chief operating officer of Tata Tinplate told delegates in a keynote address that 15 - 16 million tpy of tinplate is consumed globally and the market is growing at 3-5% per year, with India, China, Latin America and Russia driving the increase. “Investment activities in these countries might slow a bit due to the current turmoil, but the growth story still holds on the same level,” he said. Asia is forecast to account for 48% of the global market by 2010."