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    PPS South Korea to buy 3,000t of aluminium

  • China Aluminium Network
  • Post Time: 2015/1/29
  • Click Amount: 393

    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.

    Source: http://www.alcircle.com
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