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Tinplate price rise

This article was originally published in Foodnews

CHINA's Baoshan Iron & Steel has increased the price of tinplate for June 2011 shipment for domestic users, according to media reports. The price for June 2011 delivery is said to have been raised by CNY300 (USD46) per tonne and is now pegged at CNY1 100/tonne. Previously, Baosteel increased its price for April 2011 shipment by CNY500/tonne and for May 2011 shipment by CNY300/tonne, meaning this is the third consecutive month that the price of tinplate has increased.



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