Product category: Electronics Manufacturing Machinery and Materials
News Release from: Indium Corporation of America | Subject: Solder paste products
Edited by the Electronicstalk Editorial Team on 6 April 2007
Solder pastes suffer from
tin and silver rises
Indium Corporation has placed a surcharge on its silver- and tin-containing solder paste products, effective immediately
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Since January 2006 tin has increased from approximately US $7400 to $13,800 per tonne and silver has increased from US $293,000 to $448,000 per tonne. More specifically, during the same time period the metal cost for Pb-free SAC 387 solder alloy moved from approximately US $18.23/kg to $30.16/kg, a 65% increase.
At this writing these metal costs have been increasing steadily for the past year and future indicators show that these elevated prices will prevail for the remainder of 2007.
The surcharges will be based on the difference between current metal costs and those from January 2006.
Indium's intention is to eliminate the surcharge when prices return to January 2006 levels.
According to Indium's Solder Paste Product Manager, Ray Altieri: 'Our global customer base continues to demand increasing levels of support in the form of on-site service, inventory management, materials development, process design, and development'.
'It is our intent to continue delivering premium products and services, and increased performance and profits for our customer's bottom line as we grow with our markets'.
'This surcharge will be invested in the further enhancement of the premium products and services that we have come to be valued for'.
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