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The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including solar panels and electric vehicles ...
Tin plated steel represents 50% to 75% of selling prices at Independent Can, and with a 25% tariff, Huether said their prices will have to increase about 12% to keep up.
Lately the market for tin has caught fire. At nearly $38,000 a tonne (see chart), its price on the London Metal Exchange ( LME ) is up by almost a third since the start of the year.
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