PackTrax header
Metal Cans
October 2022 Raw Material Update
We provided some strategy recommendations on tinplate negotiations for 2023 in a recent report.  

North America
Tinplate spot prices have been declining in sympathy with lower steel coil prices over the past six months.
Import tariff rate quotas have been exhausted for key import countries such as the Netherlands and Germany.  This has caused import tinplate prices to spike in Q3 2022.  

Aluminum can stock has corrected downward for several months on weaker demand and the strength in the $USF.

Tinplate spot prices declined coming into Q4.  Input costs for steel coil have declined sharply but energy costs remain a concern going into winter 2022/23

Aluminum can stock has been soft for several months but strengthened on exchange rates coming into Q4.

Tinplate prices were flat in October.  Tinplate producers are attempting to retain better margins enabled by softer steel coil input costs.

Aluminum can stock prices in Asia changed modestly coming into Q4 on soft international demand for aluminum and the end of the summer beverage season.
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 use and 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.