Slag / Iron concentrate

Place of Origin: Philippines



Iron concentrate

Soft Offer

1. Product : Iron Concentrate (iron slug)



Iron concentrate is produced at slag flotation plant. The material can be used as an additive in the steel production.

Typical Chemical Analysis

Silica Total Iron

Iron Oxide (FeO) Magnetite Alumina

Magnesia

19 - 22 % 50 - 55 %

51 % 23 % 1. 5 % 0. 5 %

Lime Copper

Sulfur Zinc Moisture

0. 2 % 0. 4 - 1. 0 %

0. 8 % 0. 2 - 1. 0 % < 3. 0 %

Typical Particle Size Distribution

+ 200- Mesh + 325- Mesh

- 325- Mesh

37 % 31 %

32 %

Other Typical Physical Properties

Bulk density Crystalline form

2. 12 - 2. 80 g/ cc Cubic as fayalite (2 FeO. SiO2)

2. Origin : Philippine

3. Quantity : 360, 000 Metric Tons (+/ - 5pct) (12 X 30, 000 MT)

4. Packing : In Bulk

5. Shipment : Bulk vessel of 30, 000 MT per month

6. Period : 12 months

7. Delivery : First shipment within 35~45 days of receipt L/ C

8. Inspection : Quality, quantity, weight & analysis report by CCIC or SGS

9. Price per MT : FOB Philippine

10. Payment Terms :

By Fully Funded irrevocable transferable documentary L/ C payable 100% at sight Issued by world top prime bank

11. Performance bond : 2% performance bond

Procedure & Conditions Precedent :

1. Buyer issue ICPO

2. Seller issues draft contract

3. Buyer send draft contract signed

4. Buyer visits the yard and signs the final contract at sight

5. Seller issues 2% PB non operative

6. Buyer raises operative L/ C (by transferable L/ C)

7. Activate for loading on port