- On the afternoon of December 3, 2015, Mussadiq from Malaysia Smelting Corporation visited Gan Mianyu, tin market analyst of Aisan Metal, to make in-depth exchange of views about Chinese tin market situation, Burma tin concentrate market and world tin market conditions.
- Mussadiq said the world tin market is in a slump with poor demand and it’s unlikely to see any improvements over the coming two years. As time goes by, producers will sustain higher production cost but the tin price continues to drift off at the moment, leaving a severely unbalanced tin market. When it comes to the government procurement of extra supplies in Chinese tin market, he said the opportunity has not yet arrived and it’s not sure whether the government will take the action or drop it.
- Malaysia Smelting Corporation (MSC) is currently one of the world’s leading integrated producers of tin metal and tin based products and a global leader in custom tin smelting since 1887. In 2010, the company produced 45,381 tonnes of refined tin, becoming the second largest supplier of tin metal in the world. MSC Straits refined tin brand which is registered at LME and KLTM is accepted worldwide and has purity ranging from the standard Grade A (99.85% Sn) to the premium grade electrolytic tin (99.99% Sn).
From left to right: Mussadiq, senior business manager in MSC and Gan Mianyu, assistant analyst in Asian Metal