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PRICES OF TIN PLATE

INCREASE OF 15 PER CENT. Owing to increasing activity and a general firming of prices on the metal market, the price of tin plate has been very seriously affected in recent weeks, and the increase in prices compared with those of a few months ago amounts to approximately 15 per cent Recent cablegrams indicate a further advance.

The phenomenal demand for steel is largely affecting the position and increasing difficulties are being encountered in obtaining supplies of all materials for forward delivery. Already it has been indicated by some mills that they cannot give delivery according to schedule, and altogether the market is very firm, with higher prices Indicated. Stocks in New Zealand are light and supplies coming forward will be at much increased costs. The landed cost of tin plate some few weeks ago was approximately 58s per box, whereas to-day's cost Is approximately 67s per box, and the market is still rising.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19370310.2.109

Bibliographic details

Wanganui Chronicle, Volume 80, Issue 58, 10 March 1937, Page 11

Word Count
158

PRICES OF TIN PLATE Wanganui Chronicle, Volume 80, Issue 58, 10 March 1937, Page 11

PRICES OF TIN PLATE Wanganui Chronicle, Volume 80, Issue 58, 10 March 1937, Page 11