More details of the RCF tender that closed March 30 were released Monday morning, April 6. The awards to nine companies, including producer Muntajat, come to 800,000 mt. The agreed-to prices are $251.90/mt CFR for the West Coast, $257.65/mt CFR for the East Coast and $239.40/mt FOB from Muntajat. The bulk of the awards – 710,000 mt – will go to the East Coast, leaving sources to speculate the bulk of the material will be from China. The ship-by deadline is May 5.
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