Tin is still showing every sign of scarcity pricing, attesting both to the strength of current demand and the scale of the supply-chain depletion that has occurred over the last couple of years.
GLOBAL refined tin production surged by 11% to 378,400 tonnes last year, according to the International Tin Association (ITA).
The world’s tin supply is dominated by a handful of big producers, many of which were forced to halt or curtail operations during pandemic lockdowns in 2020. Most of them staged a strong recovery in 2021.
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