Iron ore, Country of Origin : India

Subject: fco, iron ore, 50,000mt, for 03 months with 100.000 mt for , with extencions
date of issuance: 23/05/2012
validity date: 29/07/2012
commodity : iron ore 64.% - rejection at 63.%
origin : chile
quality : 64.% >- rejection 63.% - guaranteed
quantity : 50.000 mt per month for 3 months with 100.000 mt for 9 months , with extensions
fob price : us $ 105/ mt /
cif price : us $ 145 / mt
loading port : ventana,coquimbo,caldera,totoralillo any other chilean at seller
packing : bulk
delivery : 45/60 days
inspection : sgs as seller shall inspect the commodity at the port of loading. Sgs shall
issue an inspection certificate of the loaded quantity and quality each shipment to certify that the goods are in good order and conditions and being conform to the specification herein stated.
specifications iron ore :
chemical analysis rejection
fe –vol 64.50% 63.% min
sio2 4.00% 5.50% max
ai203 1.50% 2.50%
mn 0.04% 0.50%
p 0.060% 0.080%
s 0.020% 0.050%
na20 less than 0.080% 0.110%
k20 0.060% 0.090%
tio2 0.1.00% 0.250%
cao 1.77% 2.50%
mgo 2.00% 5.00%
sn