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Tin Consumption to Increase 2% Worldwide This Year, Timah Says

iconAug 26, 2011 09:40
Source:SMM
Global refined-tin consumption will rise 2 percent this year from 2010, said PT Timah, the world’s second-largest producer.

Aug. 26 (Bloomberg) -- Global refined-tin consumption will rise 2 percent this year from 2010, said PT Timah, the world’s second-largest producer.

The company’s refined-metal production dropped 5.4 percent to 18,455 metric tons during 2011’s first six months compared with the year before, the Pangkalpinang, Indonesia-based company said today in a statement accompanying first-half results.

Yunnan Tin Co. is the world’s largest producer based on 2010 output, according to industry group ITRI Ltd.

 

tin; PT Timah

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