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Tinplate price likely to rise 20%, end-users on backfoot


The end-user industries of tinplate and tin-free steel are bracing for an impending price rise that is likely to put them further on the backfoot.
Domestic producers, a source informed SteelMint, have indicated an additional 20% increase in prices in June-July’21 on the back of a 40% hike effected 4-5 months back. Domestic prices of the materials are ruling at around INR 95,000-1,00,000/tonne (t) after the 40% increase and these are slated to go up


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