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Tinplate output declines

This article was originally published in Foodnews

RUSSIA's only tinplate producer, Magnitogorsk Iron & Steel Works, reported a 17% increase in its finished steel production in 2010, with domestic sales growing by 44% as it gained more share in the local market. However, the company's total tinplate production fell by 2% to 208 000 tonnes, the ITRI website reports. Fourth quarter production, at 42 000 tonnes, was 3% up on the same period of 2009. Overall the company is positive about prospects for 2011 for steel consumption in Russia and plans to raise total production to 12 million tonnes this year, it said.

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