South Korea’s PPS awards zinc tender at lower premium

South Korea’s Public Procurement Service (PPS) has awarded a zinc tender at a premium of $147 per tonne, which is lower than the premium of a tender it awarded a month ago.

The tender awarded to Youngpoong Corp is for 500 tonnes of 99.995% special-high-grade zinc of London Metal Exchange-registered brands for delivery to Incheon port by April 13, according to a notice from the state agency on Tuesday February 13. The metal to be supplied in the tender is likely to be domestically produced because Youngpoong operates in South Korea, industry watchers noted. The...

Published

Vivian Teo

February 13, 2018

09:34 GMT

Singapore