South Korea PPS Purchase 6,000 ton Aluminum Ingot on Bidding Meeting

Singapore, Nov. 22: South Korea PPS purchased 6,000 ton aluminum ingot on the bidding meeting ended on Monday, these aluminum ingot come from three suppliers, the premium price is 55—65 $/ton. Minister of PPS Material Shock Department Han Gunwo said PPS purchased 2,000 ton aluminum ingot from Gerald Metala Company at a premium price 62.45 over LME aluminum spot price, these aluminum ingot will arrive at Inchon port by the end of February. Besides, BHP Billiton supply 2,000 ton, the price is premium 65$ over LME spot price. The left 2,000 ton was bought from Glencore, premium price is 55$/ton, transport to Pusan port by the end of January.