World tin market has entered a new Renaissance period

Abstract

The trends in the development of the modern economy are becoming more and more multivariate and unpredictable that can lead to inspiring renewed interest in raw materials, demand for which evidently hit its historic peak many years ago. There has been an increase in global demand for tin over the past decade. Modern innovative technologies which are being implemented in the manufacturing industry at present have already changed the refined tin market dramatically, have revived the global demand and caused steady increase in the exchange rates. The demand for tin has been rapidly growing in the world because of its great importance to modern electrical and electronics industries.