Iron ore is the main raw material that is used in the manufacturing of steel. 98% of the mined iron ore goes in the steel production. India has rich deposits of Iron Ore and is among the top 10 exporter of iron ore in the world.
Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe3O4) and hematite (Fe2O3). Iron ore is the source of primary iron for the world's iron and steel industries.
It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Our monthly ability to export Iron Ore is of 2000-5000MT per month.
Chromite is an oxide mineral composed of chromium, iron, and oxygen (FeCr2O4).
Chemical Classification
Oxide
Chemical Composition
FeCr2O4 with magnesium substituting for iron in significant amounts
Crystal System
Isometric
Uses
An ore of chromium
Variable
FeO 16.28 %
Hierro Total 64.02 %
SiO2 4.03 %
AhO3 0.24%
s 0.07%
p 0.04 %
CaO 1.34 %
MnO 0.00%,
PbO 0.00 %
MgO 0.00 %
ZnO 0.00%,
TiO2 0.00%
As 0.00 %
Cu 0.02 %
K2O 0.00%
Origin Mexico
Minimum monthly shipment 100,000MT CFR terms only
(Maximum quantity of 200,000MT per month is possible) Annual contract only
The price shall be quoted against firm inquiry.
Payment: 90% by DLC / MT700 Nontransferrable and confirmed and payable at sight (Loading port) after SGS for quality and quantity.
Balance 10% shall be against discharge port inspection at the discharge port in China
Sellers performed shipments in the past ( during 2019 prior Covid period ).
This offer is valid for a limited period and the response to queries shall be only through email so long as inquiries are received with KYC of the buyer/end user.
