Tuesday, October 5, 2010

Still bullish on tinplate

The Star (Malaysia): "Asian tinplate producers are generally positive on the industry’s outlook for 2010-2011 with their production to remain intact despite strong fluctuations in the major raw material prices, a conference was told yesterday.

Top tinplate industry players from India, China and Thailand concur that the current two-year high tin price, trading above US$23,000 per tonne, would unlikely affect production cost but the new price mechanism for iron ore starting this year could pose a challenge to industry players."

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