Japanese Bring up Tinplate Price

According to Business Network, steel mills in Japan are planning to increase electrolytic tinplate exporting price to Asia countries during the 1st season of
2014. It is expected that the price would be increased by USD50/MT. However, based on the present marketing level, a majority of Asia electrolytic tinplate coilcustomers can only accept a price increment of USD30/MT at most. It is expected by the industry that tinplate export price will continue to rise due to the growth in demand for tinplate for the 2nd season of 2014. As a matter of fact, Japanese mills steel mill had successfully increased the tinplate exporting price by USD50/MT for tinplate in the Middle East during the last season of 2013.
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