Please find here below Iron Ore offer, with option for Chinese buyers: Chinese Yuan and Euro currency here instead of USD
Goods: Iron Ore
Quality: FE: 64.00% and Rejection Below: 62,0%
Quantity: Min. 150.000MT Months or 250.000MT Months Max. (with 1 or 2 shipments at seller option)
Contract Period: Minimum 12 Months or 24Months or 36 Months or 48 Months (at buyer option)
Origin: Brazil
Price: TSI (minus) %3 CFR China for 150.000MT***
TSI (minus) %4 CFR China for 250.000MT***
*** TSI Mean: The Steel Index CFR China
** %98 of real Iron Ore CNF market deals are not makes with after delivery basis so please do not ask that!
Bonus & Penalty: Bonus: US$ 0.50/MT / 1% IF ABOVE 64%.
Penalty: US$ 0.50/MT / 1% IF BELOW 62%.
Commission: 150.000MT 0.75cent per ton
250.000MT 1USD/per ton
Payment Terms 1-) Irrevocable Auto-Renewal (renewal for 12,24,36 or 48 months, depend contract period) transferable Letter of Credit at sight. (Euro currency for Chinese buyers)
(Buyer can choose) 2-) Irrevocable SBLC for (12, 24,36,48 Months depend contract period) + After loading against BL & SGS; payment make by buyer via swift transfer â??Chinese Yuan or Euro currency ok for Chinese buyers)
SPECS or IRON ORE:
Fe >64.00% (or more) / Rejection Below 62%
SiO2 5.0 % Max.
AlO2 3.0 % Max.
S 0.012 % Max.
P 0.10 % Max.
Moisture 8.0 % Max.
Size: 0 to 3â?? 90% MIN.
Above 3â?? 10% MAX.
or
Size: 10 to 90mm 90% min.,
<10mm: 5% max., >90mm: 5% MAX.
Sales Terms: (none- negotiable or changeable)
a-) Buyer sent their request together with: Their bank and branch info, Quantity choose from above min/max limitation, and contract period 12, 24 or 36 or 48months with LC or SBLC choose on their letterhead.
b-) We will send Proforma Invoice
c-) Buyer bank send pre-advice in 3days after proforma invoice receiving date. (MT799 is not obligation or bank instrument-it is free format message and this message cost only: 30 to 50USD)
d-) We will send SPA for buyer sign and stamp in 3days after received pre-advice
e-) Buyer bank issue LC or SBLC and send seller bank in 3 days
f-) Loadings start and continue according SPA.
We are global suppliers of iron ore from South Africa. We trade iron ore in Lumps, Fines, Concentrates and Pellets. Our primary focus is export of iron ore to Japan, China, South Korea, Taiwan, Germany and Netherlands.
Commodity profile
Iron is the second most abundant metal in the earthâ??s crust (after aluminium). The iron ores, which are mainly the oxides, are reduced to iron with carbon (coke) at high temperatures in a blast furnace. Over 97% of this is converted directly to steel without even being allowed to solidify after leaving the furnace in which it is made. A relatively small amount is used as cast iron and wrought iron.
Iron ore is a key commodity and vital product portfolio for Berium Group. As rapidly growing suppliers of iron ore from South Africa, our approach is to lift the ore from where it is produced in South Africa and deliver it directly to industrial end users or trading houses in Asia and Europe where it is demanded.
Our offer for iron ore is priced off the main price indices. Berium Group is also able to supply niche products such as the iron ore pellets and fines for foundries, iron additives and ferroalloys.
Iron Ore Grades
Berium Group has reliable long term access and can assure steadfast supply of 64.5% Fe Base, 62% Fe Base, 58.3% Fe Base and 58.0 % Fe Base grades of iron ore. However the Fe% of every shipment may vary. If the iron ore shipped is at a higher or lower percentage than the Fe % Contracted Base, then the price paid for the shipment will escalate or reduce in accordance to the percentage of Fe in the ore that is actually supplied
We are the Supplier of Iron Ore
Lumps +60 FE
Fines Fe 56, 57 Fe, +62 Fe & +63 Fe
Magnetite & Hematite
monthly Capacity 100'000 tonnes
F.O.B. & F.O.R. Vizag (India7
Further to our offer of FeOre 62% from Chile, and per your request,
here attached is the fresh Assay for the 50,000 MT available from Port of Calderas.
For the first shipment only, Payment must be done as one of these options:
Option A) DLC Divisible Non Transferable 95/5 against shipping docs on FOB basis.
Option B) the following program with Buyer's Rep. as Supervisor of the Contract:
Phase I)
COD 100% for every 10,000 DMT EXW ( loaded at the Mine) against Weight Certificate and Title Transfer
$27/MT EXW
Phase II)
COD Against Bill of Lading. Seller will assist to transfer from mine to Loading FOB at $20/MT
Phase III)
SEA FREIGHT of $27/MT available from Chile to China.
PRE-Paid to the carrier asap after approval of this offer.
Note: Prices are adjusted according to the Platt Index and are subject to change.
Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) to iron by a reducing gas or elemental carbon produced from natural gas or coal. Many ores are suitable for direct reduction.
Hot Briquetted Iron (HBI) is a relatively new product, developed in the past 25 years, as a supplement for pig iron and scrap in electric furnace steel mills. It is a compacted form of direct reduced iron (DRI), which facilitates its handling, storage, and use
