Please find here below Iron Ore offer, with option for Chinese buyers: Chinese Yuan and Euro currency here instead of USD
Goods: Iron Ore
Quality: FE: 64.00% and Rejection Below: 62,0%
Quantity: Min. 150.000MT Months or 250.000MT Months Max. (with 1 or 2 shipments at seller option)
Contract Period: Minimum 12 Months or 24Months or 36 Months or 48 Months (at buyer option)
Origin: Brazil
Price: TSI (minus) %3 CFR China for 150.000MT***
TSI (minus) %4 CFR China for 250.000MT***
*** TSI Mean: The Steel Index CFR China
** %98 of real Iron Ore CNF market deals are not makes with after delivery basis so please do not ask that!
Bonus & Penalty: Bonus: US$ 0.50/MT / 1% IF ABOVE 64%.
Penalty: US$ 0.50/MT / 1% IF BELOW 62%.
Commission: 150.000MT 0.75cent per ton
250.000MT 1USD/per ton
Payment Terms 1-) Irrevocable Auto-Renewal (renewal for 12,24,36 or 48 months, depend contract period) transferable Letter of Credit at sight. (Euro currency for Chinese buyers)
(Buyer can choose) 2-) Irrevocable SBLC for (12, 24,36,48 Months depend contract period) + After loading against BL & SGS; payment make by buyer via swift transfer â??Chinese Yuan or Euro currency ok for Chinese buyers)
SPECS or IRON ORE:
Fe >64.00% (or more) / Rejection Below 62%
SiO2 5.0 % Max.
AlO2 3.0 % Max.
S 0.012 % Max.
P 0.10 % Max.
Moisture 8.0 % Max.
Size: 0 to 3â?? 90% MIN.
Above 3â?? 10% MAX.
or
Size: 10 to 90mm 90% min.,
<10mm: 5% max., >90mm: 5% MAX.
Sales Terms: (none- negotiable or changeable)
a-) Buyer sent their request together with: Their bank and branch info, Quantity choose from above min/max limitation, and contract period 12, 24 or 36 or 48months with LC or SBLC choose on their letterhead.
b-) We will send Proforma Invoice
c-) Buyer bank send pre-advice in 3days after proforma invoice receiving date. (MT799 is not obligation or bank instrument-it is free format message and this message cost only: 30 to 50USD)
d-) We will send SPA for buyer sign and stamp in 3days after received pre-advice
e-) Buyer bank issue LC or SBLC and send seller bank in 3 days
f-) Loadings start and continue according SPA.
