International Steel Group (ISG) and
US Steel will reportedly increase transaction prices of tinplates by an average of 21% in January in the form of increasing price lists and surcharges.
The increase in
tinplate prices will be approximately $155 per ton.
Moreover, ISG and
US Steel plan to adjust
tinplate prices by charging based on actual product width, not theoretical width.
Both producers expect
tinplate demand to be strong in 2005.