Government agencies re-assess tin stockpiles

The world’s strategic stockpiles of base metals are all active in today’s metals markets after a quiet recent past. However, they have been acting differently in the tin space. There are three major strategic reserves that are active in the tin market: the...

China’s release of strategic metals stocks not expected to impact tin

Base metals prices have come under pressure recently from regulators in China. Decade high prices for commodities including copper and tin are beginning to put pressure on industrial production in the world’s biggest consumer of metals. With much of China’s economic...

Yunnan stockpiling unlikely to affect tin market

Last week, the Yunnan government announced that it would offer incentives for producers in the province to stockpile up to 40,000 tonnes of tin. The stockpiling efforts were initially announced back in April, although only the total for all base metals was announced –...

US tin stockpile upgraded from tin pest contamination

Tin pest contamination in the US National Defence Stockpile (NDS) stockpile is being remediated over time using a simple remelting process to upgrade the more than 4,000 tonnes stored back to a 99% pure tin grade. The stockpile, currently administered by the Defence...

South Korea makes second 2016 stockpile purchase

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...

US stockpile sales to resume

Sales of tin and other materials (mainly ferro-alloys) from the US strategic stockpile are due to re-commence in the new fiscal year. According to a newly released annual materials plan qupted by American Metal Market, DLA Strategic Materials can sell up to 804 tonnes...

Korea makes second stockpile purchase

South Korea’s Public Procurement Service (PPS) announced that it had bought 300 tonnes of refined tin through a May 25 tender, the second purchase of tin it has made this year. The contract for the supply of 99.85% tin was awarded to Hanwha Corporation at a...

US may resume tin stockpile sales in 2013

The US Defense Logistics Agency (DLA) could potentially resume disposals of small quantities of tin from 2013, American Metal Market reported. The National Defense Stockpile Market Committee has called for market comment on the impact of DLA Strategic Materials’...

DLA offers 4,000 tonnes

The US government’s Defense Logistics Agency has issued a solicitation of offers for 4,000 tonnes of tin. Offers for the metal, all stored in a DLA warehouse in Hammond, Indiana, are due in by next Wednesday 28 November. Interested parties are invited to bid for...