Iron Ore 75.000 mt CFR required

We are looking for Iron ore.

Here are the specifications as per buyer's LOI:

1: Fe : 62% min (below 61 % Reject)

SiO2 : 4.00 % max

Al2O3: 3.00 max

S: 0.1 % max

P: 0.1 % max

Size: 10 - 40 mm 90% min

Total moisture (free moisture loss at 105 degrees Centigrade ): 8.0% max

2. Quantity 75,000 MT per month min

3. CRF price to China port

4. Shipment: in bulk or Vessel

5. Payment terms: Within 5 banking days after signing the contract, the seller shall issue 2% PB to the buyer and the buyer shall open 100% Irrevocable, Non Transferable Documentary Letter of Credit to the seller within 5 banking days after receipt of PB, 98% payment is made by LC quality and weight negotiation against CCIC/SGS certificate of quality and weight at loading port and the balance will be paid against CIQ certificate of quality and weight at the destination port.

6. Inspection: CCIC/SGS at loading port /CIQ at the destination port for Quality and Weight.

Please provide SGS report or similar and price offer.

Once we agree on the price and commission, I will provide you the buyer's LOI with all the buyer's details