Local tinplate producers in Turkey have finally increased their prices, following weeks of stable movement. One of the reasons is the generally positive mood in the flats market in Turkey, while another is the seasonal support for demand.
According to sources, one Turkish producer has started to offer tinplate for June deliveries and has increased its official price by some $50/mt to $1,250/mt ex-works for 0.3 mm TS275 2.8g/2.8m2 material. Another mill is in the market to sell for late May deliveries at $1,220/mt ex-works, up by $50-70/mt as compared to the previous offers.