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Metal Cans
May 2022 Raw Material Update

North America
Tinplate spot prices are stable in May even though inputs such as cold rolled steel coil have declined from record high levels.
Import prices have moved sharply higher in 2022 but greater import volume is in place.  Imports are priced at a discount to domestic prices in most cases.

Aluminum can stock corrected downward by more than 10% as primary and scrap aluminum slumped from record high levels coming out of Q1

Europe
Tinplate spot prices were stable in May.  Input costs such as Hot Rolled Band (HRB) softened.

Aluminum can stock corrected downward as the global aluminum price slumped.

Asia
Tinplate prices were flat in May as major producers held their pricing flat after two to three months of upward movement.

Aluminum can stock prices in Asia were down just slightly in May as demand in China was muted by lockdowns.




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.