MSC accounts for about 7% of global supplies estimated at around 330,000 tonnes last year. It produced 22,400 tonnes last year, International Tin Association figures showed. The company's website states it has capacity to produce up to 60,000 tonnes of tin a year. (Filepic shows MSC tin ingots)
LONDON: Malaysia Smelting Corp
(MSC), the world's third largest tin producer, has told clients its smelting operation is being severely affected by the COVID-19 pandemic and it will take nine months to resume normal output, a letter seen by Reuters showed.
MSC said in the letter, dated April 26, that it had to restrict intake and make changes to contracts - a move that will further exacerbate shortages of tin used in solder for electronic products and chemicals.
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