Sell IRON ORE

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IRON ORE SPECS AND TRANSACTIONS PROCEDURES:

GUARANTEED SPECIFICATION:
FE 64.5 % Rejection below:63,0%
AI2O3 2.00 % max
SiO2 3,00 TO 5.00% max
SULPHUR 0.003% max
PHOSPHORUS 0.06 % max
Mn 0.10 % max

PHYSICAL CHARACTERISTCS:
+1 MM 80% min
0.15 MM 10% max
MOISTURE 8.00% at 105 degrees Centigrade

PAYMENT TERMS: BY AN IRREVOCABLE, NON-TRANSFERABLE, DOCUMENTARY LETTER OF CREDIT, ISSUED OR CONFIRMED BY A PRIME WORLD BANK (TOP-50) PAYABLE 100% AT SIGHT AGAINST SHIPPING DOCUMENTS. THE L/C DONT HAVE TO BE FULLY FUNDED, BUT IT MUST COVER ONE MONTH SHIPPING. THE L/C SHALL BE VALID FOR 60 DAYS AND THE 1ST SHIPMENT MAY OCCOUR AMONG 30-45 DAYS.

PERFORMANCE BOND: 2% ON EACH SHIPMENT

QUANTITIES: 150,000 +/- 10% PER EACH SHIPMENT (TO HAVE A GOOD FREIGHT) .

MODUS OPERANDI :
1) BUYER SEND A LOI WITH BANKING COORDINATES
2) SELLER SEND A FCO AND CONTRACT DRAFT
3) APPROVED THE CONTRACT BY BUYER HE SENDS THE FCO SIGNED AND WE RETURN THE CONTRACT WITH ALL DETAILS TO BE SIGNED.
4) SELLER AND BUYER SIGN CONTRACT AND EXCHANGE THE HARD COPIES.
5) BUYER OPENS THE L/C OPERATIVE, CONFIRMED - 5 BANKING DAYS AFTER CONTRACT SIGNED.
6) SELLER OPEN THE PERFORMANCE BOND 72 HOURS AFTER RECEIVING L/C.
7) 30-45 DAYS AFTER RECEIVING L/C COMMENCES THE CARGO.
The POP shall be done bank to bank at the same time of the P. B.

Should you be interested please contact us.
We look forward to start our business with you.

Yours truly,

Cristiane Porn
World Trade International
Brazil