When the topic of tin comes up, many people think of baked beans — well, maybe not the beans, but the tin they come in. Tinplate is a major consumer of metallic tin. However, due to technological development over the decades, many tins are now coated with resins. Those that still use tin are operating […]
Tag: Tin
This Morning in Metals: U.S. Steel bullish on market fundamentals
This morning in metals news: U.S. Steel offered a bullish view of the steel market in its first-quarter guidance; the Chinese steelmaking city of Tangshan is moving to tackle pollution; and the tin price has bounced back up over the last two weeks. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis […]
Tin market in a squeeze as supply is hard to find
We have said it before, but we are not great fans of using stock levels as a predictor of price trends or even as a proxy for wider physical market metal availability — however, in the case of the tin market, LME stock position is the surest illustration of a market under extreme duress. Tin […]
This Morning in Metals: EIA forecasts renewables share of US electricity generation to double by 2050
This morning in metals news: the Energy Information Administration forecast the renewables share of US electricity generation will double by 2050; meanwhile, the US unemployment rate fell to 6.3% in January; and, lastly, the tin price has bucked the recent general trend for base metals prices. EIA: renewables share of electricity generation to double by […]
This Morning in Metals: BHP says copper output must double in 30 years; Iron ore prices set to rise; Upswing for tin demand?
Demand for copper and the move toward low-carbon economies will require that copper output double in the next 30 years, said BHP’s Tariq Salaria, vice president for sales and marketing. “Decarbonization and electrification are the main drivers for the future of metals commodities, delivering on the commitment of moves toward a low-carbon economy,” Salaria said […]
This Morning in Metals: Could a Biden administration revisit tariffs on China?
This morning in metals news: Reuters reported Democratic presidential candidate Joe Biden could revisit the status of the U.S.’s tariffs on China imposed by President Donald Trump; miner Fortescue released its quarterly production report; and tin prices have retraced over the last week. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying […]
This Morning in Metals: U.S. steel prices continue upward movement
This morning in metals news: U.S. steel prices have made significant gains in recent weeks; exports of liquefied natural gas (LNG) from two key Louisiana export terminals have resumed after Hurricane Laura; the coronavirus pandemic has impacted tin production in Bolivia. Do you use cost breakdowns in your steel negotiations? See other tips in negotiating […]
Week in Review: Aluminum prices rise; steel capacity gains; Ford CEO to retire
It was another busy week in the world of metals and metal-using sectors. Among this week’s major developments were an executive shakeup at Ford, aluminum prices on the rise in China and a U.S. steel sector seeing capacity utilization gains week by week.
Resilient tin is being driven by sound fundamentals
All the base metals have been on the up recently. Nonetheless, it would be naïve to put all such resilience down to a weakening U.S. dollar (supportive as that is for metals prices).
This Morning in Metals: Core markets ‘showing signs of recovery,’ ArcelorMittal says
Steelmaker ArcelorMittal says its core markets have exhibited some signs of recovery.
