Iron Ore 63% - LATAM - 100 Kmt x 12 Months - Price FOB

Descripción del producto

Dear Sir:
  
 
We have the pleasure to inform you that our group have negotiated this excellent option related toLATAM Iron Ore *3% in FOB Basis.
 
 
 
CORPORATE SOFT OFFER
Iron Ore *3 %
 
 
 
 
Commodity:                *3.02% - Rejection *1.*2%
 
Quantity:                     1,**0,**0 Mt Year


Packing:                     Bulk - Lumps


Loading Port:              LATAM - Port


Delivery Schedule:       **0,**0 Mt per Month  
 
Price Per MT:              US$ *8 Pmt   - FOB Basis
 
Contract Duration:       *2 Month Contract
 
Inspection:                  INTERTEK/SGS


Type of Payment:     DLC - IrrevocableNON transferableissued by TOP World Bank and paid **0% at Sight, issued by US Bank Only,
 
First Delivery terms:     ****5 days after issuance of Letter of Credit
 
Performance Bond:     2% of one Shipment. 
 
Partial Shipment:          Not Accepted
 
Validity Price:              *5 days from this date
 
 
 
Specifications:
 
Chemical Composition                        Rejection
 
Fe:       *3,*2%    Rejection below        Fe *1.*2%
SiO2:    4,*1%                                      5,*1% Max
Al2O3:  1.*3%                                      3.0%  Max
Mn:     0.*7%
P:        0.008%                                    0.0*9% Max
S:        0.*2%                                      0.*3% Max
TIO2:    0.*4%
MgO:    0.*8%
K2O:   0.*9%                                      0.*0%
Na2O:  0.07%                                      0.*0% Max
 
Moisture H2O:2.*3%                          ASTM Test Method D ***2
 
Size Distribution
 
Test Methods ASTM E*****8 - ASTM D*****3
 
Size of Particles mm                 Percentage (%)   
0,*0  mm                      *5.**3 %
****5 mm                     9.**4 %
 



 
 
INTERNATIONAL PROCEDURES
 
 
 
1.Buyer issues  LOIorICPO with full banking coordinates and permission for Soft probe.
2.Seller issues the FCO
3.Buyer signs, seals and returns the FCO.
4.Seller issues Draft Contract.
5.Buyer signs the Draft Contract and sends it back to the Seller.
6. Seller issues final Contract to the Buyer .
7.Buyer's bank sends by swift to the Seller's bank the POF  for the whole amount of the contract value.
8.Seller's will send the POP to the Buyer's bank
9.Buyer's bank issues and sends by swift the non-operative  LC **0% at sight to the Seller's bank within *8 hours. After receive the POP.
*0.Seller posts Performance Bond ( PB ) for the value of 2,0% and LC becomes operative.
*1.Shipment begins. Buyer can made a physical inspection together with INTERTEK/SGS at the time of loading of product.