OIS-Exporters Division

(Trade with the World with Us)










4.B          IRON ORE pellets DRI 66.0%-67.0% FE FROM MEXICO

           Only Available on a 1-Month Deposit LC Contract:


4.B.1  IRON ORE Pellets DRI 66.0%-67.0% FE


                Commodity:          Iron Ore Pellets 66% - 67% Fe

                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%  to 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.




                Chemical Analysis:


                Fe (ISO 2507)                       66%-67%

                FeO (K2Cr207 titrant)          <0.35%

                SiO2 (ISO 11535)                  <2.0%

                Al2O3 (ISO 11535                  <0.75%

                CaO (ISO 11535)                  <2.0%

                P (ISO 4687)                        < 0.065%

                S (ISO 9886)                        <0.01%

                H2O (ISO 3087)                    <3%   

                Cu (ISO 11535)                     <0.010%

                TIO2 (ISO 11535)                  <0.1%

                V2O5 (ISO 11535)                  < 0.01%

                N2O (ISO 11535)                  <0.05%

                K2O (ISO 11535)                 <0.01%

                Mn (ISO 11535)                    < 0.1%

                Zn (ISO 11535)                     <0.01%

                                                B2                                            < 1%


Physical Analysis:


CCS-16+12.5Kg/P (ISO 4700) 250 min.

Tumble+8,3 (ISO 3271) 91 min.


Size Analysis:       +16mm (ISO 4701) 10% max.

                                -16mm to 8mm (ISO 4701) 85% min.

                                -8mm to 3mm (ISO 4701) 5% max.


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.