International Tin Research Institute(ITRI) compiled update report about supply and demand forecast of tin. According to it, world demand is expected to exceed 400,000 tons in 2015. Tin for the addition to next-generation stainless developed in Japan was referred to as new demand. On the other hand, about supply, though mineral ore in Indonesia is expected to reduce, re-refining and recycle is likely to increase.
Japan Steel Scrap Composite Prices (Sangyo Press)01/18/2018
|36800YEN (-)||39500YEN (-)|
|327.61US$ (-2.85)||351.64US$ (-3.07)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)