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Manufacturers of tin cans play a pivotal role in this industry, as they are responsible for ensuring that these containers meet safety regulations while remaining functional and aesthetically pleasing. The manufacturing process of tin cans involves several steps. First, sheets of steel or aluminum are cut into circles, which are then shaped into the body of the can. These bodies are subsequently coated with a layer of tin to enhance resistance against rusting.
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1. Raw Material Costs The prices of copper and other alloying materials significantly affect the production cost of these nails. Fluctuations in the global copper market can lead to changes in nail prices. As of recent years, copper prices have experienced volatility due to changes in supply and demand dynamics, geopolitical tensions, and economic conditions.