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Buying Iron Ore **0, **0 MT monthly

  • China China  
  • Quantity Required: 300000 Metric Ton
  • Annual Purchase Volume: 3600000 Metric Ton
  • Last Updated:
    Posted on: 02 Apr 2024

  • Buying Frequency: Monthly
  • Payment Terms: L/C
  • Destination Port: Tianjin
Buyer Information

RFQ Details

We are currently looking to purchase Iron Ore for long term as per below specification and terms and condition.

Iron Ore Fines or Lumps (Fe 61%-65%)
Size: At or Below 50MM.

Quantity : 300,000MT / month X 12 Month

Origin:Peru/Chile or seller's option

Discharge Port: Tianjin Port, China.

Terms of Payment : By Irrevocable,Non-transferable Letter of Credit to cover 100% of one month shipment value to be made for provisional and final payments.

Performance Guarantee: non-operative PB 2% of the Contract Value before buyer's operative LC.

Inspection: SGS at Loading Port by sellers cost

The Price is subject to review for every three months.

The seller has to be Mine owner.The Seller has to submit the proof of last 2 shipments if Seller is not a well-known suppliers.

No long broker chains please.


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