SMM Analysis: Tin Smelter Operating Rates Rebound, Myanmar Ore Imports Lag Amid Raw Material Bottlenecks

Published: Mar 7, 2025 15:53

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[SMM Analysis: Myanmar Ore Imports Remain Low Amid Seasonal Fluctuations in Tin Scrap Recycling, Operating Rates in Two Regions to Gradually Rebound]: According to processing data from an in-depth market survey conducted by SMM, as of this Friday, the operating rates of refined tin smelters in Yunnan and Jiangxi, two major tin-producing provinces, continued to rebound, with the combined operating rate further increasing to 63.25%. Yunnan: Capacity remains high, but raw material bottlenecks have become prominent. The weekly operating rate of refined tin smelters in Yunnan stood at 70.23%, a slight rebound from the previous week. Although most enterprises have resumed production, the delayed resumption of mining operations in Myanmar's Wa State has resulted in no significant increase in tin ore imports during January-February, exacerbating structural imbalances in raw materials. Additionally, tin concentrate TCs remain under pressure...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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