OIS-Exporters Division

(Trade with the World with Us)

 

 

 

 

 

 

PRODUCTS FROM MEXICO MINES FOR END BUYERS:

 

4.A.  IRON ORE FROM MEXICO MINES:

 

4.A.1  IRON ORE 64.5% Fe LUMPS / FINES;

 

                Commodity:          Iron Ore Fe 64.5% Lumps / Fines.

                Origin:                    Mexico (Loading)

                Loading Port:        Sea Port Mexico.

                Packing:                 Loose/Bulk

                Quantity:                 150,000MT (Minimum) to 300,000MT per Month (+/- 5%).

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

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

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                     64.5%  reject 63.5%

SiO₂                  1.9% max

TiO²                   0.0022% max

Al₂O₃                0.06% max

MnO                  0.011% max

MgO                  0.365% max

Na₂O                0.025% max

K₂O                   0.01% max

P₂O₅                  0.04% max

P                       0.0011% max

S                       0.001% max

CaO                  0.085%

Max                   Free Moisture Loss @ 105 ^oC  8% max

Size:                  Fines: As requested by the Buyer.

                         Lumps: Guaranteed Below 10 mm- 90% min. as a load basis                set by Seller.

                           

Certification Process:

 

                                           The requirements of ISO Guide 31, ISO Guide 34, ISO Guide 35, and ASTM Standard Guides E 1724 and E 1831 were followed for the preparation of this reference material and certificate of analysis. This is a reference material as defined by ISO Guide 30.

 

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.