Tin futures in the UK were above $54,800 per tonne, holding most of the recent rally that topped at the two-month high of $56,780 amid the outlook of strong demand. Tin demand remained underpinned to the strong outlook on AI infrastructure due to the metal’s utility in data centers. Soaring order growth for Nvidia, per their latest results, and memory producers Samsung and SK Hynix, supported the outlook for continued development of AI infrastructure. The metal’s soldering capabilities, which are useful in precision soldering in AI infrastructure, prompted industry players to signal that tin demand in AI servers should triple by 2030. Meanwhile, supply from major producer Indonesia remained low as Jakarta pulled back on the issuance of export licenses. On top of that, Jakarta further tightened mining permits and seized 500 tonnes of metal from mines without licences.