Buy iron ore above 65%Fe

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Steel plant is making its purchasing plan for the year 2007 and looks to enter long term contract. LOI will be issued immediately if your offer is competitive.

We are looking at a long term contract, hence the price must be really competitive.

Supplies of iron ores from Indonesia and Thailand are prefered. 50,000 MT/month or up. CNF Zhanjiang China or FOB.

Mines visits needed before contracts signed.

100% Irrevocable sight L/C with (98+2) terms. Supplier should issue 2% PBG.

The following with FCO should be submitted:
1. Proof of previous shipment and successful delivery - B/L;
2. Proof of specifications - SGS certification;
3. Proof of origin of the ores.