Bear Market in Tin Shuts 70% of Indonesian Capacity

Bear Market in Tin Shuts 70% of Indonesian Capacity

Dimas Ardian/Bloomberg

Workers cast tin ingots at the PT Timah tin plant in Pangkal Pinang, Bangka Island, Indonesia. Tin tumbled as much as 32 percent this year on concern that slowdowns from the U.S. to China to Europe will cut demand for the metal used in everything from cans to televisions and smart phones.