Tinplate export prices increased sharply in Japan

It is reported recently that Japanese steel mills have raised the export prices of tinplate about USD50/MT for the second quarter of 2014. The tinplate exporting price to the USA is expecting to increase around 3%-5%, at the same time, Korean steel tinplate plants may also raise the prices.

 

In addition, in Asia, China, Baosteel has raised the export price of tinplate by USD8/MT, and Thailand tinplate manufacturers will raise prices by aboutUSD40/MT, due to strong demand for the local canning industry.