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IR​ON ORE 64.5%

CHEMICAL SPECS

IRON ORE – Grade min 64.5% / 63.0% Rejection

Fe (Iron)                 64.5% rejection 63.0%
Al203                      0.50 % approx
SiO2                       2.08 % approx
P (phosphorus)       0.060 % approx
K2O                        0.020 % approx
CaO                        0.020 % approx
Mg                          0.070 % approx
Na2O                      0.020 % approx
Sn                          < 0.010 % approx
TiO2                       0.050 % approx
Mn                          0.065 % approx
S (sulfur)                 0.035 % approx
Chromium               0.005 % approx
Ca                           0.210 % approx
Zinc                         0.080 % approx
FeO                         3.900 % approx

Free moisture loss at 105º Celsius – 5.000 % Max.

SIZE:

Above 30MM          5 % MAX

10MM – 30MM      10% MAX

4MM – 10MM        85% MAX (0 MM - 4MM 5% MAX)           

Total Quantity Available:    1,200,000 Metric Tons

SHIPMENTS: 100,000 MT PER MONTH FOR 12 MONTHS

(BUYER MUST SHOW PROOF THAT DESTINATION PORT CAN HOLD 100,000 METRIC TONS)

ORIGIN: SELLER’S OPTION

PACKAGING:LOOSE BULK.

PAYMENT TERMS: IRREVOCABLE, TRANSFERABLE, REVOLVING DOCUMENTARY LETTER OF CREDIT ISSUED BY A TOP 25 BANK. ALL CONTRACTS MUST CARRY A STANDBY LETTER OF CREDIT FOR ONE (1) MONTH VALUE OF SHIPMENTS.

PERFORMANCE GUARANTEE: A 2% CONTRACT COMPLIANCE GUARANTEE WILL BE ISSUED FOR THE VALUE OF EACH SHIPMENT. PG WILL NOT BE ISSUED ON SPOT ORDERS.

SHIPPING: SHIPMENTS SHALL BEGIN 30-45 DAYS AFTER RECEIPT AND CONFIRMATION OF LETTER OF CREDIT.

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INSPECTION: SGS

Price, availability, quantity and product information subject to change without notice

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