IRON ORE lumps Fe 64% BASIS (+/-2.00%)
REJECTION: < Below 61 %FE, rejection or renegotiation.
FE: 64 % BSS (+/-2.00%)
FeO: 3% MAX
SiO2: 5.00% Max
TiO2: 0.1% Max
Al2O3: 2.00% Max
MnO: 0.05% Max
MgO: 0.05% Max
Na2O: 0.10% Max
K2O: 0.10% Max
P2O5: 0.07% Max
P: 0.05% Max
S: 0.02% Max
CaO: 1.00% Max
Zn: 0.01% Max
C: 0.01% Max
Cr: 0.07%Max
Cu: 0.001%Max
LOI 6 % Max
Moisture Content (Free moisture loss at 105 degrees centigrade): Guaranteed: 5.00% Max.
Physical Size:
Physical Specification: (Natural Basis): LUMP Nominal less 0.107 mm 87% min. as a load basis set by Seller
Moisture Content (Free moisture loss at 105 degrees centigrade): Guaranteed: 5.00% Max.
PRICE:
The base price of the IRON ore discussed and to be delivered will be:
IRON ORE FINES @ 64 % at a price of the Last 5 days of date of shipment Platts 62 % index
For Fe Higher Of Iron Ore Than 62% will pay 1 % more of iron content or prorated payment will be scale For below than Fe 62 % will pay less 1 % of the agree price.
62-61%(Washed Lumps) Fe- 62% SiO2- 2.7% Max Al2O3- 4% Max Sulphur-0.080%Max Phos-0.105%Max Size-Lumps 5-18 MM, 10-40 MM Moisture- 3-4% Min
We trade the whole spectrum of iron ore products and grades. With origination teams in all the main exporting countries, we use our extensive international network to connect specific buyers with particular grades of stock. We source cost competitive supplies through our close relationships with the major producers and provide support for smaller mining concerns
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of Mangnetie (Fe3O4, 72.4% Fe) hematite (Fe2O3 69.9%) goethite ((FeO(OH), 62.9% Fe) Limonite (FeO(OH) n(H2O) 55% Fe) siderite (FeCO3, 48.2%, Fe) Ores containing very high quantities of hematite or magnetite, typically greater than about 60% iron, are known as natural ore or direct shipping ore, and can be fed directly into iron-marking blast furnaces. Iron ore is the raw material used to make pig iron which is one of the main raw materials to make steel 98% of the mined iron ore is used to make steel. In 2011 the Finacial Times quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is " More integral to the global economy than any other commodity except perhaps oil". MOQ 25,000 Supplied from Oman