When having questions on Buying iron ore, Fe 62, 150000 mt monthly, FOB, please send your inquury!
We would like to buy magnetite iron ore Fe 62% content with rejection below 60% with low alumina with specifications required along following lines:
Quantity: 100,000 MT /-10% (in Sellers ‘option) for trial shipment followed by 150,000 MT /-10% (in Sellers ‘option) per month for 12 months.
Quality: As per independent load port analysis by SGS to be final and binding.
Pro-rata Bonus / Penalty for Fe above 62% / Fe below 62% with rejection below 60%.
Quantity determination: As per independent load port survey by SGS. Loading port: To be advised free of any sanction or boycott
Price basis: FOB Stowed as per charter party rules, Iron ore lumps to be loaded in break bulk vessel
Payment: By at sight letter of credit payable with 100% on first presentation of documents (L/C acceptable to the Seller to be opened at least 30 days prior to the first day of the agreed shipping month).
Please send your offers with price, specifications and terms together with a copy of pat SGS analysis and B/L copy. If you require any other information please do not hesitate to ask us.