Metal Cans
May 2024 Metal Cans News
Tinplate spot price declined in North America as import tinplate has dropped by 8% to 16% in 2024 so far. That is placing pressure on domestic producers even as plant closures roil the North American market. Steel coil prices are lower and spot tinplate in the U.S. is down by close to 4% in May.
Tinplate input costs in Europe are higher this month but this did not move the needle on prices in Europe. The tinplate market is very sluggish and imports from Asia are causing challenges. The European Union has undertaken anti-dumping duty investigation on tinplate from China.ov
Tinplate in Asia has softened recently as oversupply in China is having an impact.
Each month we present a "Tinplate Value Chain" for spot prices in North America, Europe and China.
Aluminum can stock has softened by up to 4% in all regions as lower primary aluminum prices on the London Metal Exchange and a stronger Euro have weighed on 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
Tinplate Value Chain for North America, Europe and China
Projections for all major input costs updated quarterly
Extensive tracking of steel coil prices and accurate projections 12 months out
Import volumes by country and tracking against quotas
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.