ITRI study reveals global smelting overcapacity

Jul 13, 2016

Data gathered by ITRI reveals estimated global primary tin smelting feed capacity of 1,080,000 tonnes, with refined tin production capacity of 633,000 tonnes. Clear tin smelting overcapacity is shown by average utilisation rates in 2015 calculated at 47%, rising to...

Third Korea tin tender announced

Jul 1, 2016

South Korea’s Public Procurement Service has announced its third tender this year for refined tin, Reuters reported. The agency is seeking 100 tonnes of 99.9% tin and 100 tonnes of 99.85% tin for arrival in Incheon port in October and November. The PPS is also...

China’s ore imports strong but steady in May

Jun 22, 2016

Latest China customs data released yesterday shows imports of tin ore and concentrates at 40,575 tonnes gross weight in May, or an estimated 4,800 t contained tin. The May total was down 13% on the previous month’s figure, but up by 87% compared to May 2015. In...

South Korea makes second 2016 stockpile purchase

Jun 10, 2016

South Korea’s Public Procurement Service (PPS) have purchased 100 tonnes of Malaysian tin from the Sanji Corporation for delivery in September at a c.i.f. premium to the LME price of $490, Reuters reported earlier today. This is the second purchase made by the...

Indonesian tin shipments slip in May

Jun 7, 2016

Official figures released on Monday by the Indonesian trade ministry reveal a 22% month-on-month fall in tin shipments to 5,378 t in May. The figure is just short of the quantity of tin traded on the Indonesian Commodity and Derivatives Exchange (ICDX), which fell by...

ITRI International Tin Conference 2016 Gallery

Jun 6, 2016

The 2016 International Tin Conference in Lima was a truly international affair with over 200 delegates from 36 countries turning up in the Peruvian capital. This was the first time in a decade that the event had been held in South America and the Latin feeling was...