Buyer Looking For Iron Ore
Magnetite or Hematite Iron Ore Confirmed
Buyer from South Korea
4.6
20 Quotes Left
1 reviews
Quantity:
50000 MT
Payment Terms:
* Standby Letter of Credit via MT760, followed by MT103 payment, * Irrevocable Documentary Letter of Credit via MT700;
Trade Terms:
CIF
Destination Port:
China
We are currently seeking reliable and qualified suppliers of Magnetite or Hematite Iron Ore with an Fe content of 63% for an initial trial shipment and a long-term supply contract.
Our purchasing requirements are as follows:
* Product: Magnetite or Hematite Iron Ore
* Fe Content: 63% basis, with a tolerance of ±1%
* Rejection Level: Below 60% Fe
* Size: Minimum 90% below 10 mm
* Moisture: Maximum 8%
* Preferred Origin: Mexico; other origins may also be considered
* Preferred Loading Ports:
* Manzanillo Port, Mexico
* Lazaro Cardenas Port, Mexico
* Trial Quantity: 50,000 MT
* Contract Quantity: 100,000–1,000,000 MT, subject to final agreement
* Contract Duration: 12 months
* Shipment Size: 50,000 MT or 100,000 MT per bulk vessel
* Packaging: Bulk shipment
* Trade Term: CIF China
* Destination Port: Any safe port in China, to be confirmed
* Pricing Basis:
* Platts Fe 63% index minus 7%; or
* Platts Fe 63% index minus 12%, depending on the agreed payment terms and transaction procedure
* Payment Terms:
* Irrevocable Documentary Letter of Credit via MT700; or
* Standby Letter of Credit via MT760, followed by MT103 payment
* Inspection: SGS, Alex Stewart, or another internationally recognized inspection agency
* Delivery Time: Within 30 days after signing the contract and receipt of the operative payment instrument
* Performance Bond: 2%
Qualified suppliers are requested to provide the following:
* Best CIF China quotation
* Detailed product specifications and recent Certificate of Analysis
* Exact country and mine of origin
* Loading port and monthly supply capacity
* Proposed shipment schedule
* Recent product photos and videos
* Valid mining and export licenses
* Certificate of Origin
* SGS, Alex Stewart, or equivalent inspection reports
* Previous shipment records or proof of supply capability
* Company profile and business registration documents
* Draft transaction procedure
* Draft Sales and Purchase Agreement
* Details of the proposed payment and performance bond procedures
Only genuine suppliers, mine owners, or officially authorized mandates with verifiable product availability and sufficient supply capacity are invited to submit offers. Intermediaries must provide valid authorization from the principal seller.
We look forward to receiving your detailed quotation and establishing a reliable long-term business relationship.
Category:
Quantity:
50000 MT; 100,000 To 1,000,000 Mt
Payment Term:
* Standby Letter of Credit via MT760, followed by MT103 payment, * Irrevocable Documentary Letter of Credit via MT700;
Trade Term:
CIF
Destination Port:
China
Shipping Method:
Sea Freight
Packaging:
Bulk Shipment
Performance Bond:
2%%
Rejection Level:
Below 60%% Fe
Shipment Size:
50,000 Mt Or 100,000 Mt Per Bulk Vessel
Particle Size Distribution:
Minimum 90%% Below 10 Mm
Moisture Content:
Maximum 8%%
Preferred Origin:
Mexico
Iron Content:
63%% Basis With ±1%% Tolerance
Loading Ports:
Manzanillo Port, Lazaro Cardenas Port, Mexico
Delivery Time:
Within 30 Days After Contract Signing And Receipt Of Payment Instrument
Pricing Basis:
Platts Fe 63%% Index Minus 7%% Or Minus 12%%
Inspection Agency:
Sgs, Alex Stewart, Or Another Internationally Recognized Agency
Contract Duration:
12 Months
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