Korea PPS Buys 2,000 Tons Aluminum; $133.53/Ton Premium To LME-Shanghai Metals Market

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Korea PPS Buys 2,000 Tons Aluminum; $133.53/Ton Premium To LME

Industry News 09:59:23AM Mar 16, 2011 Source:SMM

SINGAPORE, Mar 11, 2011 (Dow Jones Commodities News via Comtex) -- South Korea's Public Procurement Service, a state agency that stockpiles strategic commodities, said Friday that it has purchased 2,000 metric tons of non-western origin aluminum at a premium of $133.53 over the London Metal Exchange price.

The tender was won by Glencore International AG and the metal is for delivery to Incheon by May 15, according to the PPS website.
 

Key Words:  Aluminum Al 

Korea PPS Buys 2,000 Tons Aluminum; $133.53/Ton Premium To LME

Industry News 09:59:23AM Mar 16, 2011 Source:SMM

SINGAPORE, Mar 11, 2011 (Dow Jones Commodities News via Comtex) -- South Korea's Public Procurement Service, a state agency that stockpiles strategic commodities, said Friday that it has purchased 2,000 metric tons of non-western origin aluminum at a premium of $133.53 over the London Metal Exchange price.

The tender was won by Glencore International AG and the metal is for delivery to Incheon by May 15, according to the PPS website.
 

Key Words:  Aluminum Al