Price based on 62%Fe Platts, at currently Platts minus 5%. Price is reviewed every month to conform to this discount. Platts price is determined as 5 day average before shipment date. If Buyer wants a fixed price over the duration of the 12 months, we can quote at time when Contract is about to be issued. Spot or Trial shipments normally paid via MT-103. Negotiable. For 67%Fe, Price is 64.5%Fe price plus $10. - Payment by Irrevocable Non-transferable DLC (MT700) or SBLC (MT760). Issuance shall be within 10 days after Contract signatures by both parties. SPECIFICATIONS Chemical Composition (on Dry basis, percentage by weight) Guaranteed Fe 64.5% basis, Reject