Mexico iron ore 65%fe
Specifications : fe : 65% rejection below 64%
Ai203 : 0.70% 2.5% max rejection over 3.0%
Sio2 : 2.50% 3.5% max rejection over 4.5%
Sulphur : 0.005% 0.03% max rejection over 0.05%
Phosphorus : 0.02% 0.08% max rejection over 0.10%
Physical characteristics
Below 0.15 mm 25% max.
0 - 10 mm 95 % min.
10mm 5% max
Moisture 8% max at 105 degrees centigrade
Quantity : 50, 000 mt / month ( 10% more or less )
Delivery : china port
Contractual term : 12 months / one year
Loading port : mexico port
Price : usd 67.00 cnf
Price revision : every three months
Payment : after the buyer receipt the copy of bill of lading for the shipment. The buyer will open an irrevocable letter of credit for the total value within two bank working days. Lc will be irrevocable & 95% at sight. The remaining 5% of lc value will be remited after cargo arrive the destination port
Inspection : sgs at loading port , cost to seller
Ciq at discharging port, cost to buyer
* Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cutting-edge technology, iron ore is processed and then sold to steel companies.
The primary use of iron ore (98%) is to make steel. The remaining 2% is used in various other applications, such as: powdered iron for certain types of steels, magnets, auto parts and catalysts. radioactive iron (iron 59) for medicine and as a tracer element in biochemical and metallurgical research
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