South Korea's PPS awards 12,000 tonnes of aluminium in June

July 02, 2021 / www.metalbulletin.com / Article Link

South Korea's Public Procurement Service (PPS) has awarded six tenders in June totaling 12,000 tonnes, according to a notice from the state agency.

The tonnage is the highest volume awarded in a single month according to Fastmarkets' records dating back to June 2018. The two most recent tenders for London Metal Exchange-registered brands of high-grade aluminium ingot were both awarded to Sorin Corporation, PPS said on June 30.
A 1,000 tonne for delivery to Busan port on a cif basis by September 30 was awarded at a premium of $151 per tonne.

Sorin was also awarded a 3,000-tonne aluminium tender at a...

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