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Home / Metal News / UPDATE 1-S.Korea Says Buys Aluminum Ingot, Nickel Cathode

UPDATE 1-S.Korea Says Buys Aluminum Ingot, Nickel Cathode

iconMay 21, 2010 00:00
Source:上海有色金属网

SEOUL, May 20 -- South Korea has bought 3,000 tonnes of primary aluminum ingot and 300 tonnes of nickel cathode via tenders that closed on Thursday, the Public Procurement Service (PPS) said through its website (www.g2b.go.kr).

Details of tender results for the metals to be delivered to the port of Incheon are as follow:

-- world-wide origin aluminum ingot

TONNES
SELLER
PREMIUM
METAL PURITY
ARRIVAL
3,000
Glencore
$112
99.7 pct or more
July 31

-- nickel cathode

TONNES
SELLER
PREMIUM
METAL PURITY
ARRIVAL
200
Daewoo Int'l
$670
99.8 pct or more
June 30
100
Glencore
$1,095
99.95 pct or more
June 30

Note : Premiums are calculated over London Exchange cash prices on a cost, insurance and freight (CIF) basis. From Glencore, the state-run agency bought Norwegian nickel, the web site showed.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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