Int'l tinplate market price surges to close to 1 thousand dollars

Factiva: Tinplate demand remains strong mainly for sanitary cans. Coupled with anticipation of a rise, inquiries from users increase sharply. Supply of tinplate/blackplate is restricted due to their weak exports from Korean and Chinese manufacturers. Meanwhile, Nippon Steel Corporation offers to increase prices of tinplate products by 150-200 dollars in the export negotiations for the October-December shipment. The prices reach close to 1 thousand dollars C&F as users accept an increase of 100 dollar level."