TRADING PARTNERS
NON-FOOD - Metals - Brazilian Iron Ore
BRAZILIAN IRON ORE
Contract: Total 1 million MT per month for 12 months
Payment: Option 1: Irrevocable, transferable Auto revolving Letter of credit
Option 2: Irrevocable, transferable L/C with a 2 month SBLC as a guarantee
Payment at sight on reciept of SGS report and Bill of Lading
PB: 2%
Procedures: ICPO
Draft contract sent
Draft contract returned signed
Hard copy contract
LC opened
PB opened
Delivery commences, first shipment between 30 and 45 Days.
BRAZIL IRON ORE SPECIFICATIONS
Fe......................................63.5%
SiO2....................................3.6%
Al2O2...................................º70%
Mn......................................0.15%
LOI.....................................0.80%
P.......................................0.027%
S......................................ºOO7%
Na2ºO..................................0.005%
K2º.....................................0008
TIO2....................................0.08%
CaO....................................0.02%
MgO.....................................0.03%
SPECIFIC WEIGHT= 2.65 T-M3
MIXTURE = 4.50%, MOISTURE 8% MAX.
GRANULATION
SIZE (mm).......+9.5 - +6.3 - +1.0 - +0.15%
............... 0.5 - 7.0 - 56.0 -26.00
Please, contact us with your specific Corporate Soft Inquiry for this commodity.