Encyclopedia > International Tin Council

  Article Content

International Tin Council

The International Tin Council, was an organisation which acted on behalf of the principal tin producers in Cornwall and Malaysia to buy up surplus tin stocks to maintain the price at a steady level. However, with the advent of aluminium containers, the use of protective polymer lacquers inside cans, and increased recycling by industry, the demand for tin had decreased considerably by the early 1980s, and the ITC could no longer maintain the price. It eventually ran out of money buying up tin on the metals markets. Attempts to refinance the ITC were eventually abandoned, and since then, as with many other raw materials, the price has generally declined as alternatives become more attractive.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
1904

... - 20th century - 21st century Decades: 1850s 1860s 1870s 1880s 1890s - 1900s - 1910s 1920s 1930s 1940s 1950s Years: 1899 1900 1901 1902 1903 - 1904 - 1905 1906 ...

 
 
 
This page was created in 29.7 ms