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Metal Cans
October 2021 Raw Material Update

North America
Tinplate spot prices moved higher by 3%  in October.  We presented several opportunities for supplier conditioning about steel coil inputs coming into the discussions for 2022 agreements.  

Import prices into the U.S. were fairly stable over the past several months and there are opportunities to qualify import tinplate from Europe and Taiwan for cost improvement.

Aluminum can stock prices are stronger on primary aluminum values and strong downstream demand for beverage cans.  The increase coming into October is modest

Europe
Tinplate spot prices corrected downward in October on lower steel coil costs.  

We present options for supplier conditioning to achieve cost reductions for 2022 semi-annual agreements for tinplate cans.

Aluminum Can Stock prices were also higher by 3% for October on strength in primary aluminum prices on the London Metal Exchange and strong beverage demand.

Asia
Tinplate prices were slightly lower in October and should remain stable for November as the largest producer has pre-announced pricing..

Aluminum can stock prices in Asia  were higher by about 2.5% on stronger aluminum demand and curtailed supply in China.



Here is a sampling of information that other sources don't provide
Actual prices for annual contracts and spot tinplate rather than indices
Import Prices for major exporting nations
Projections for all major input costs updated quarterly
Extensive tracking of steel coil prices and accurate projections 12 months out
Import volumes by country
Import prices from each country
Example tinplate can cost breakdowns
Detailed cost improvement recommendations
Pricing for all geographies
Tinplate supply & demand
Metal can market data
Decorating costs

Here is a sampling of the content we provide
Metal can market data
Primary aluminum supply and demand history and projections
Accurate primary and scrap aluminum projections
Accurate Forecasts for can stock prices 
Decorating Costs
 
Metal Can Cost Models
Pack Trax metal can cost models are cost effective
software that is designed for packaging procurement
professionals.  The metal can software is simple to useand allows you to select a variety of can types for both tinplate and aluminum cans.  

Each cost driver can be optimized using recommendations from our extensive User Guide.

This places packaging procurement professionals in a position to lead supplier cost improvement with can suppliers.