December 22: Tinplate prices could be on the rise again despite this year’s softening on the spot markets. And it’s all because of an expected increase in the costs of producing steel and in particular the hot-rolled coil from which tinplate is made.
There has since been rising demand for tinplate food cans. “Tin mills in Europe are running to capacity,” says UK-based independent steel analyst Phil Rogers. “Although the volumes produced globally have been constant at around 15 to 16 million tonnes, with gradual lightweighting of cans with thinner gauges this means growth of around 2 percent a year.”