Nippon Steel up tinplate prices by $136/t for Jul sales

Nippon Steel, Japan’s largest integrated steelmaker, has decided to add Yen 15,000/tonne ($136/t) to its tinplate price for domestic sales in July, taking into account higher input costs and supply tightness of base feeds, a company official confirmed on June 17, and this is the first increment for the very product since Nippon Steel’s previous increase by Yen 10,000/t in October 2019, sources shared.

The hike applies to all domestic customers including can makers and deliveries over August-September, according to the official, explaining that the costs including cold-rolled black plates as the base feeds and other auxiliary materials have been on the rise, and tin price has also been hovering at its highest level. Besides, “supply tightness in flat