Nankang Kaiyuan increases tin ingot production
2023-03-21 08:21:01 [Print]
BEIJING (Asian Metal) 21 Mar 23 - One of top three tin ingot 99
"We resumed regular monthly production to 3,000t in March, up by 500t from last month as we suspended production for 5 days last month," the source from the company stated, and they reported that they would probably keep the same output next month.
They own six furnaces of 1,250kVA and one Ausmelt furnace and they produced about 31,000t of tin ingot in 2022 and 7,000t so far this year, holding an inventory of about 200t currently. Their products would be sold directly to end customers in the South China . The company has expanded its production capacity by leasing or merger in recent years . At present, their annual production capacity could reach 40,000t.
The mainstream prices of tin ingot 99.95%min stand at RMB186,000-188,000/t (USD26,992-27,282/t) EXW down in East China currently, up by about RMB3,000/t (USD435/t) from last Friday . As the inventories decreased slightly from last week and most suppliers held positive views to the market, insiders predict that the mainstream prices of Chinese tin ingot would edge up slightly tomorrow.
. 95%min producers in China, Nankang Kaiyuan Mining Co . , Ltd . , would increase the output to about 3,000t in March.
"We resumed regular monthly production to 3,000t in March, up by 500t from last month as we suspended production for 5 days last month," the source from the company stated, and they reported that they would probably keep the same output next month.
They own six furnaces of 1,250kVA and one Ausmelt furnace and they produced about 31,000t of tin ingot in 2022 and 7,000t so far this year, holding an inventory of about 200t currently. Their products would be sold directly to end customers in the South China . The company has expanded its production capacity by leasing or merger in recent years . At present, their annual production capacity could reach 40,000t.
The mainstream prices of tin ingot 99.95%min stand at RMB186,000-188,000/t (USD26,992-27,282/t) EXW down in East China currently, up by about RMB3,000/t (USD435/t) from last Friday . As the inventories decreased slightly from last week and most suppliers held positive views to the market, insiders predict that the mainstream prices of Chinese tin ingot would edge up slightly tomorrow.