OIS-Exporters Division

(Trade with the World with Us)

 

 

 

 

 

 

PRODUCTS FROM MEXICO MINES FOR END BUYERS:

 

   4.C.  IRON ORE BRIQUETTES FROM MEXICO

            .Only Available on a 1-Month Deposit LC Contract:

 

      4.C1  IRON ORE BRIQUETTES

 

 

Commodity:          Iron Ore Briquettes

                Origin:                    Mexico (Loading)

                Loading Port:        Sea Port Mexico.

                Packing:                 Loose/Bulk

                Quantity:                 150,000MT (Minimum) per Month (+/- 5%).

                Ship Size:               150,000MT.Price: Price on Request - CIF Buyers nominated Sea Port.                                       

Price Discount:     Iron Ore, we offer Platts pricing 62%+ on 5-day average less 7%- 10% discount.

Terms:                  100% Letter of Credit. L/C at sight, 98% paid on inspection report, Bill of Lading and Other shipping documents,  L/C fees paid by Buyer and 2% released upon presentation of Commercial Invoice. (URC522 Documentary Collection Bank-to-Bank exchange).

PB:                       2% (PB is 2% of monthly shipping value, corporate PB until LC verifies, then is replaced with a bank bond for the PB).

Insurance :           110% of Monthly goods value.

Delivery:               Buyers designated Sea Port (INCOTERMS 2010).

Inspection:            SGS/CIQ/CCIC at Seller’s Expense Loading Port.

                            Discharge Port Inspection by SGS or Equiv. at Buyer’s expense.

 

Specifications

 

                                                Fe Total                     92.5

Fe Metalico                 84% min

Metalization                91% F

Fe3C                            0.8% min

S                                  0.09% Max

SiO2                             1.5% max.

MgO                             0.25% max.

CaO                             0.03% max

Al2O3                            1.3% Max

Ganga                        3% max.

Residues:

Cu                                <0.002%

Ni                                 <0.006%

Cr                                <0.008%

Mo                               <0.002%

Sn                                <0.002%

 

             

            Physical Analysis:

  

Methods of analysis used were a combination of ASTM Standard Method E 508, E 738, E 841, E 878, E 1028, and E 1070 plus additional ICP-AES, ICP-MS, and AA spectrometric methods.

 

E 508 - 93 Standard Test Method for Calcium and Magnesium in Iron Ores by Atomic Absorption Spectrometry.

 

E 738 -95a Standard Test Method for Determination of Aluminum in Iron Ores and Related Materials by Complexometric Titration E 841 -94 Standard Test Method for Coper in Iron Ores and Related Materials by Atomic Absorption Spectroscopy.

 

E 878 - 96 Standard Test Method for Determination of Titanium in Iron Ores and Related Materials by Diantipyrlmethane Ultraviolet Spectrometry.

 

E 1028 -93 Standard Test Method for Total Iron in Iron Ores and Related Materials by Dichromate Titrimetry E 1070 -95 Standard Test Method for Phosphorus in Iron Ores by the Phospho-Molydenun-Blue Photometric Methods.

 

E 1724 - 95 Standard Guide for Testing and Certification of Metal and Metal-Related Reference Materials.

 

E 1831 - 96 Standard Guide for Preparing Certificates for Reference Materials Relating to Chemical Composition of Metals, Ores, and Related Materials.

  

            Size Analysis:          

 

                                           Size: 90 x 58 x29mm

                                           Weight = 2.72 - 2.88ton/M3

 

            Site Visits:     

 

                                           Seller shall provide proof of product by means of an on-site inspection of the material sold under any of its contracts provided that:
• The buyer has made their countersigned contracts along with its term Letter 

                                              of Credit, and;             
• The Buyer provides copies of all attending parties’  passports within 72 hours 

                                             from signature of contract, and;
• The country of loading permits such visitation of each party whose passport 

                                              has been submitted with the express understanding that Seller shall not be  

                                              held liable Under any circumstances as a result from any constraint, delay,   

                                              condition or rejection, and;
• The Buyer shall pay for any and all costs incurred for such on-site inspection 

                                             no matter its origin.

           

 

For price Buyer please send your LOI based on the above terms (Terms not negotiable).

 

Contract is between Buyer & Seller.

 

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