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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (49084)4/24/2009 1:30:12 AM
From: Snowshoe  Respond to of 218118
 
Lots of weird cross-currents out there. Steel and tin prices are down, but the price of "tinplate" is spiking because folks are buying more canned goods...

Rising Costs Kick Price of Trusty Tin Can
By ILAN BRAT and AARON O. PATRICK

The global recession is easing many costs for food and consumer-goods companies. Yet one simple but crucial product is soaring in price: the tin can.

Cans for food, aerosol sprays and many other consumer goods are made from "tinplate," sheets of steel covered in a thin layer of tin. Even though prices of pure steel and tin have fallen sharply, the average price of tinplate is expected to rise 25% to 35% this year in Europe, and 15% to 20% in North America, say tin-can manufacturers, packaged food companies and others.


online.wsj.com