Alibaba.com: "Due to the general increase of domestic steel price, the tin plate price increased propelled by the cost.
The latest monthly Ex-work price of XINDZHONG STEEL SHEET in the East China continued increasing, up 200 yuan per ton around over last month. Currently 0.2x800mm of tin coil price is 6,900 yuan per ton including tax, accumulatively lifted about 400 yuan per ton in two months.
The company said that presently with the growths of other steel price, tin plate price also increased.
However, source from the markets noted that Baosteel-made tin plate price dropped in this month over last month, such as 0.2x800mm of tin plate, down from 8,000 yuan per ton to 7800 yuan per ton around. The specifics depend on the specification.
A trader thought that the current demand was not optimistic and the price rising mainly resulted from cost growth, especially those manufacturers who need to buy raw materials to roll. He also expected that the price was not truly stable."
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