It is reported that Japanese steel mills are planning to stop exporting TMBP to Indonesia in November 2008.

On the other hand, China’s Baosteel will decrease the domestic tinplate price to USD103 per tonne and WISCO will do the same. In that case, the two steel mills are causing tinplate demand in Asia to nosedive.

For the fourth quarter of tinplate in the South East Asia export trade, Japan plans to increase its price by USD 100 per tonne. Because of good demand, Thailand has agreed to the Japanese price.

In Latin American, the tinplate demand keeps rising. Regarding the price of other steels as the reference of the price adjustment, Japan will carry out tinplate exporting negotiations next spring