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Metal Cans
October 2019 Update

Aluminum can stock prices are lower by 2% to 3%  in October in all regions on lower London Metal Exchange values for primary aluminum and lower scrap 
aluminum in all regions.

The European Aluminium Association has set a target of 80% recycled content for aluminum cans.

Regulations on single use plastics will boost aluminum demand in Europe.  100,000 MT's of incremental aluminum can stock demand is emerging in Europe because of new regulations.  A total of 8 new aluminum can lines are being developed in Europe.

Tinplate prices are flat in North America and Europe.  Steel coil prices declined by 7% in North America for mid-October.  This has not moved spot tinplate prices down at this point, but will likely factor in annual contract discussions which will get underway shortly.
  
Tinplate prices in Asia were stronger in August and September but the largest producers are apparently holding prices flat for November.
  
2020  Packaging Material Cost Forecast Highlights for Aluminum Can Stock and Tinplate

Trade tensions continue to be the most important factors in aluminum can stock and tinplate markets.  Tariffs have been removed from aluminum and steel products from Canada and that is helping can producer input costs.

Tinplate prices in the U.S. are softening as import prices are considerably below domestic reference prices
 
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.