Iron ore Buyer and Importer

We are looking for high-quality iron ore (limonite, magnetite) for our steel mills. We hope that the indicators of iron ore are as follows: Fe ≥62% SiO2 ＜5% Al₂O₃ ＜2% P ＜0.1% S ＜0.1% Trial order: 30,000DMT (±10%) as a trial order. Formal contract: After the successful trial order, the buyer and seller sign a formal contract, and the buyer purchases no less than 3,600,000DMT of iron ore from the seller per year. CFR/CIF Price: Average 5 days of NOR date (5 Platts working days after and NOR date) Platts IODEX 62% FE CFR NORTH CHINA discount minus(-) XX% per DMT. Discharging Port: Jiangyin Port, JiangSu, China Inspection: SGS, CIQ or CCIC Performance bond (P/B): 2% Payment: The seller issues 2% P/B to the buyer, the buyer shall establish an Irrevocable Letter of Credit within 5 (five) working days after receipt of seller’s P/B, payable at sight through the bank nominated by the Seller. 90% of the provisional payment shall be paid to the seller according to the inspection and weighing at the loading port, and the final payment shall be settled according to the inspection and weighing at the destination port. The seller please send the FCO, your company profile, proof of mining rights, delivery records in 2023 (including: B/L, loading port test report, destination port test report, certificate of origin and other documents) to us.62% SiO2 ＜5% Al₂O₃ ＜2% P ＜0.1% S ＜0.1% Trial order: 30,000DMT (±10%) as a trial order. Formal contract: After the successful trial order, the buyer and seller sign a formal contract, and the buyer purchases no less than 3,600,000DMT of iron ore from the seller per year. CFR/CIF Price: Average 5 days of NOR date (5 Platts working days after and NOR date) Platts IODEX 62% FE CFR NORTH CHINA discount minus(-) XX% per DMT. Discharging Port: Jiangyin Port, JiangSu, China Inspection: SGS, CIQ or CCIC Performance bond (P/B): 2% Payment: The seller issues 2% P/B to the buyer, the buyer shall establish an Irrevocable Letter of Credit within 5 (five) working days after receipt of seller’s P/B, payable at sight through the bank nominated by the Seller. 90% of the provisional payment shall be paid to the seller according to the inspection and weighing at the loading port, and the final payment shall be settled according to the inspection and weighing at the destination port. The seller please send the FCO, your company profile, proof of mining rights, delivery records in 2023 (including: B/L, loading port test report, destination port test report, certificate of origin and other documents) to us. Show More