STI confirms production shortfall

Oct 15, 2007

Singapore Tin Industries (STI) confirmed on 11 October that its production in 2007 will fall well short of its original target of 18,000 tonnes. “For this year, our maximum production will be between 6,000 and 7,000 tonnes,” director Petrus Tjandra told...

Analysts increase long-term metal price forecasts

Oct 10, 2007

A poll of 13 analysts, mainly at large banks, published by Reuters at the start of London Metal Exchange week, shows that many of them have revised upwards their forecasts of long run metals prices. The LME metals subject to the largest upward revisions are lead,...

US stockpile review calls for big changes

Oct 9, 2007

A review of the US Defense National Stockpile Center carried out by the National Research Council has recommended a new approach to the management of the nation’s defence material needs. The DNSC currently holds stocks of a range of materials, including tin, but...

Indonesian exports start to decline in September

Oct 4, 2007

Indonesian tin exports from February to September amounted to 61,167 tonnes, according to a trade ministry report quoted by Bloomberg News today. The preliminary data is based on surveyors’ reports linked to the new export licencing system brought in February...

New Year price increases for tin mill products

Oct 1, 2007

Major US tinplate producers are seeking a 15% rise in prices from 1 January, according to letters to customers quoted by American Metal Market on Friday. The letters from ArcelorMittal and USS-Posco say that price rises are necessary to cover rising input costs. The...

PT Timah proposes export volumes for 2008

Oct 1, 2007

PT Timah will propose that Indonesia, the world’s second-largest tin producer, export 90,000 tonnes of the metal next year President Director Wachid Usman said today, according to Bloomberg News. Timah, Indonesia’s largest tin producer, will export 45,000...