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Iron ore fines supply from India

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City: Cotonou

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note_add 20/06/2010
update 20/06/2010
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Offer Description - Iron ore fines supply from India



Place of Origin: Chhattisgarh India Brand Name: Iron ore fine Model Number: 63. 5 and 59 grade



Iron ore fines supply from India

DEAR SIR, Offers for 63. 5 grade and 59 grade We, Micro Technologies, on behalf of the sellers, hereby offer with full responsibility and authority under penalty of perjury and confirm our readiness, willingness, and ability to sell iron ore fines (IOF) . The Detail s are as follows: Co mm odity Iron ore fines.

Iron content Basic 63. 5% (rejection below 62. 5% )

Basic 59% (rejection below 58% ) Alumina 7% Max.

Silica 7% Max.

S 0. 07% Max.

P 0. 07% Max.

Quantity 40000 MT (plus or minus 10% )

Price 142 USD, CFR, China , for 63. 5 grade.

105 USD, CFR, China , for 59 grade. Time period 50 days from the date receipt of operative LC.

Payment terms 100% irrevocable and confirmed LC payable at sight at the counter of our bank.

PBG 2% of the value of the LC, valid for only 5 days. If the LC does not arrive within 5 days, consider the PBG and contract cancelled.

Please send us the specific LOIs separately for both the grades addressing to "MICRO TECHNOLOGIES", and the target prices should be accordingly 142 and 105 respectively (where the kickback for you will be 50 cents per MT) or 143 and 106 respectively (where the kickback for you will be 1 USD per MT) .



Our offer is only for this current transaction. For the next transaction, the offer will be based on market conditions (with 1 USD TOTAL kickback) . Kindly confirm the above and send us the LOI. Our E- mail: Thanks and regards. ACAKPO THEOPHILE
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