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28 JANUARY 2015 AL CIRCLE

PPS South Korea to buy 3,000t of aluminium

1MINS READ
According to an announcement by Public Procurement Service (PPS) of South Korea last week, it has granted a tender to buy 3,000 tonnes of primary aluminium at a premium of $383 per tonne.

It was Prowell Resources Corp who was awarded the tender to supply London Metal Exchange-registered brand of high-grade primary aluminium ingot. It was also directed not to be from China, Russia, India and Egypt.

Delivery is expected by April on a CIF Busan basis.

In tenders that closed last week, PPS had bought 2,000 tonnes of aluminium for a premium of $375 per tonne over the LME cash price.

Tagged with:

Aluminium South korea Price

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