Product Description

NEW ***6 Soft Offer - Iron Ore *3% - Monthly delivery Up to **0,**0 Mt p/month - Origin Mexico - FOB basis
 
  
Dear Sir:
 
 
We have the pleasure to inform you that our group have negotiated this excellent option related to Mexican Iron Ore.
 
 
CORPORATE SOFT OFFER
Iron Ore *3%
 
 
 
1. COMMODITY
 
SUBJECT :       Iron Ore (Fe content *3% Minimum)
PRICE :            FOB Mxico Lzaro Crdenas - USD *1.5 per MT
 
2. SPECIFICATIONS (as per Lab Analysis)
 
CHEMICAL:
*2.*5 % Fierro Magntico
*3.*0 % Fierro Total
1.*5 % SiO2
0.*8 % A*2O3
0.*5 % S
0.*2 % P
7.*1 % CaC*3
0.*4 % Mn0
0.*1 % Pb0
0.*2 % Zn0
1.*5 % Cu
0.*2 % K*0
 
PHYSICAL:
SIZE: Fine to 3
 
3. PAYMENT: : By Irrevocable Revolving Documentary letter of credit (RDLC) or DLC Transferable or NON Transferable, paid **0% at sight, issued by top prime bank.
 
4. SHIPMENTS : Shipment of *0 to **0.**0 Mt (+ / - 5%, seller's option) per Vessel.
 
5. DELIVERY :First shipment within *0 to *5 days after the date of an acceptable LC being activated. Subsequent shipment as per Buyer & Seller agreement.
 
6. LOADING PORT:      Lzaro Crdenas - Mexicol
LOGISTICS :Our supplier has full capability of displacing the product (Iron-Ore / Sinter Feed) from the extraction site to the loading port
 
7. PACKAGING :          In bulk condition
8. ORIGIN :                   Mexico
9. VISIT:                       Only after signing Draft Contract.
*0. QUANTITY:             1,**0,**0 Mt/year.
*1. CONTRACT TERMS : Twelve (*2) months with possible roll-overs and extensions.
*2. UNIT PRICE :          FOB Mexico -  USD$ *1.5 Pmt
 
 
 
PROCEDURES
 
 
1.Buyer issues  LOI or ICPO with full banking coordinates and permission for Soft probe.
2.Seller issues the FCO
3.Buyer signs, seals and returns the FCO.
4.Seller issues Draft Contract.
5.Buyer signs Draft Contract and sends it back to the Seller.
6. Seller issues final Contract to the Buyer .
7.Buyer's bank issues and sends by swift the non-operative  LC **0% at sight to the Seller's bank within *8 hours.
8.Seller posts Performance Bond (PB) for the value of 2,0% and LC becomes operative.
9.Shipment begins. Buyer can made a physical inspection together with SGS at the time of loading of product.
 
 
 
 
Thanks for your attention and remain in contact for further advances.
 
 
 
Best Regards,
 
 
 
 
Luis O. Benavente
CORPORATE ITC
Phone: **6 9 *******2
Skype ID: lbenavente***0