Reuters Africa reported South Korea has bought 300 tonnes of tin ingot via tender from Hanwha Corp. (SEO:000880), while reissuing tender for 100 tonnes.

As quoted in the market news:

The state-run procurement agency said on its web site (www.g2b.go.kr) that the metal purchase was made at $750 per tonne for London Metal Exchange registered brands on a cost, insurance and freight (CIF) basis.

Click here to read the full Reuters Africa report.