South Korea's Public Procurement Service (PPS) has awarded a 1,000-tonne special-high-grade zinc tender at a premium of $151 per tonne, a higher premium than one it had awarded for a similar zinc tender in late April.
The tender for London Metal Exchange-registered brands with purity of more than 99.995% for delivery to the South Korean port of Incheon on a cif basis by August 3 was awarded to Korea Zinc, according to a notice from the state agency on Tuesday May 15. Prior to this, the PPS had in late April awarded a 1,000-tonne zinc tender at a premium of $140 per tonne cif Busan, South Korea....