Home

Metal News

Aluminium

Korea PPS Buys 3,000 Tons Aluminum; $123/Ton Premium to LME

Zijin Extends Indophil Bid Close on Approval Delay (Update1) 

SINGAPORE, May 7 -- South Korea's Public Procurement Service, a state agency that stockpiles strategic commodities, said Thursday that it has purchased 3,000 metric tons of Indian aluminum at a premium of $123 a metric ton to the prevailing London Metal Exchange price, which was $2,095/ton at the time of the bidding.
The seller was Metal Park, and the aluminum is for delivery to Incheon by July 9 on a cost-and-freight basis.
At 0755 GMT LME three-month aluminum was trading at $2,081/ton, down $39 since Wednesday's kerb.
 
&nbsp;

Nickel Advances 0.1% in London, Reversing Earlier 6.7% Decline 

Korea PPS Buys 3,000 Tons Aluminum; $123/Ton Premium to LME_SMM | Shanghai Nonferrous Metals

CHINA METALS BRIEFING: POST-HOLIDAY UPDATE

SMM Morning Comments (Oct 9): Shanghai base metals were mostly higher as they return to trade 

SMM Morning Comments (Oct 12): Shanghai base metals rose broadly, the LME complex fell for the most part

Exclusive: China's base metals output in September

SMM Morning Comments (Oct 13): Shanghai base metals were mostly higher as investors await China’s trade data for September 