S.Korea buys aluminium, nickel -PPS

Friday, May 11, 2012
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  South Korea purchased a combined4,000 tonnes of aluminium and 300 tonnes of nickel via tenders,the state-run Public Procurement Service said on its website(www.g2b.go.kr).

  Details of the purchases are as follows:

  - Aluminium

  TONNE   SUPPLIER                   PREMIUM(CIF/T)

  3,000   Glencore International AG  $179.75

  1,000   LG International Corp      $177

  Note: The above premiums are over London Metal Exchange

  (LME) prices.

  - Nickel

  TONNE   SUPPLIER                   PREMIUM(CIF/T)

  300   Glencore International AG  $750

  Note: The above premium is over LME prices.

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