COMMODITY:                    Iron Ore Fines

ORIGIN:                               Brazil

QUALITY:                             FE 64.5 % - rejection below 63.0%

QUANTITY:                         min. 5.000 MTS Trial – max. 20.000 MTS/week

LOADING:                           Vitoria Brazil Port in Sea Foot Containers

UNIT PRICE :                       based on 64.0% at 173.00USD/MT CIF

CHEMICAL ANALYSIS GUARANTEED (AS PER SALES CONTRACT):

Fe                           64.5% Min

SiO2                       4.50% Max

Al2O3                    1.80% Max

P                             0.08% Max

     

      S                             0.05% Max

Mn                         0.10% Max

CaO                        2.70% Max

MgO                      0.15% Max

TiO2                       0.15% Max

LC*                         2.40% Max

*Loss in Calcination

PAYMENT INSTRUMENT/SHIPMENT STRUCTURE:

Once buyer confirms the order he needs to issue and sent us an RWA – MT 799.

Once the MT is received and approved we need few days to arrange the stuffing/loading/shipment of the cargo.

Once the goods are loaded in containers we will provide all documentation (SGS, BL, Certificate of Origin, Invoice etc.) then Buyer needs to issue at once the Letter of Credit so the shipment can go ahead.

Buyer representative can be present at the loading in Brazil.



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