South Korea’s PPS to pay lower premium for aluminium

South Korea’s state stockpiling agency will buy 1,000 tonnes of aluminium at a premium of $108.4 per tonne, down sharply from the $145 per tonne it paid in an earlier tender.

The tender for good western material was awarded to Glencore International, the Public Procurement Service (PPS) announced on Friday July 31.

The agency’s May tender, priced at $145 per...


Deepali Sharma

August 03, 2015

11:10 GMT