Sell IRON ORE (BRAZILIAN)

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IRON ORE (BRAZILIAN)
Specification:

Iron (Fe) Total 64,50 %

Silicone dioxide 0,10 % Max

Aluminium trioxide 1,28 % Max

Phosphorus 0,10 % Max

Sulphur 0,09 % Max

Titanium dioxide 0,72 % Max

Calcium oxide 2,40 %

Moisture 8 % Max

Size 20  50 mm 95%


Inspection: SGS

Quantity: 150.000 Metric tons per month

Terms: 12 months with possibility of rolls & extensions

Price: US$72.00 per MT CIF CHINA ASWP

Payment: Irrevocable, Transferable, Revolving and Documentary letter of credit 100% at sight from International Prime bank

PB: 2 % Performance Bond

Procedures:

1. BUYER ISSUES LETTER OF INTENT (LOI) WITH FRESH (BCL) .

2. SELLER ISSUES FULL CORPORATE OFFER (FCO)

3. BUYER SIGNS FCO AND RETURNS TO SELLER FOR ACCEPTANCE

4. SELLER ISSUES CONTRACT INCLUDING FORMAT FOR PERFORMANCE BOND

(PB) AND DOCUMENTARY LETTER OF CREDIT (DLC) TO BUYERS APPROVAL

5. BUYER SIGNS AND RETURNS CONTRACT TO SELLER BY EMAIL OR FAX

6. SELLER SIGN THE CONTRACT AND SENDS TO BUYER BY EMAIL OR FAX, ORIGINAL FOLLOWED BY A COURIER

7. PROOF OF FUND (POF) VS PROOF OF PRODUCT (POP) THROUGH SWIFT

8. BUYER ISSUES NON-OPERATIVE DLC WHICH BECOMES AUTOMATICALLY OPERATIVE ON RECEIPT OF 2% PERFORMANCE BOND

9. SHIPPING COMMENCES AS PER AGREEMENT

This Offer is transferable to third parties only with confirmation of the Seller. If you can accept these conditions, please send us an ICPO with BCL.