巴西矿质量情况IRON ORE OF BRAZIL - NG - 03-06-10 2

IRON ORE OF BRAZIL

ORIGIN: Brazil

DESTINATION PORT: CIF ASWP Any Safe World Port

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 for each shipment to certify that the goods are in good order and conditions and being conform to the specification herein stated.

Iron ore Sinter Feed

STOCK: 5.000.000 MT

CONTRACT: 50.000 MT x 12 monthy mínimum

Loading Port: Brazilian OR Argentina port

SHIPMENTS: 25.000 MT minimum, 30.000 MT, 45.000 MT, 50.000 MT according to vessel

FIRST DELIVERY IN THE TERM OF:40/60 days in load port

PACKING: Loose Bulk in vessel

PRICE: USD 131,00 DMT CNF ASWP (64.5%)

PRICE: USD 136,00 DMT CNF ASWP (68%)

SPOT U$ 193.00 DMT CNF ASWP (64.5%)

Payment: Letter credit for 20% of the contract as collateral and pay each shipping with MT103/23

FIRST DELIVERY IN THE TERM OF: 30/50 days in DELIVERY PORT

Specifications:

Fe(iron) 64,500 % rejection 62,5%

P(phosphorus) 0,060 %

SiO2 3,500 %

Al2O3 0,500 %

S(sulphur) 0,035 %

Mn 0,090 #

CaO 0,200 %

K2O 0,020 %

Chromium 0,005 %

Ca 0,210 %

Zinc 0,080 %

Mg 0,070 %

Sn < 0,010 %

Na2O 0,020 %

TiO2 0,050 %

Mn 0,090 %

FeO max 3,900 %

Moisture Content 8,000 %

max (Free Moisture Loss at 105 degrees centigrade)

Physical characteristics :

14,00 mm ~ 8 mm 07% max

7,99 mm ~ 3 mm 10% min

2,99 mm ~ 1 mm 65% min

0,15 mm ~ 3 mm 20% max

IRON ORE Lump IRON ORE Fines

Chemical analysis Chemical analysis

Fe64.40 %Fe67.00 %

SiO2 1.80 %SiO20.90 %

AI2O3 2.30 %AI2O30.95 %

Mn0.75 %Mn0.50 %

P0.050 %P0.033 %

S0.006 %S0.006 %

LOI 2.60 %LOI 1.60 %

Bulk Density 2.5 t/m3Bulk Density 2.5 t/m3

H2O 4.00 %H2O8.00 %

Screen analysis (natural basis)Screen analysis

+ 31.5 mm17.0 %+ 10.0 mm0.50 %

+ 19.0 mm50.0 %+ 6.3 mm10.0 %

- 6.3 mm4.0 %+ 1.0 mm52.00 %

- 0.15 mm16.0 %

NOTE:NOTE:

Indicative results at loading port Indicative results at loading port Dry basis analysis Dry basis analysis

IRON ORE Pellet Feed IRON ORE Pellet Feed

Chemical analysis Chemical analysis

Fe65.80 %Fe67.80 % SiO2 1.20 %SiO2 1.40 %

AI2O3 1.50 %AI2O30.40 % Mn0.60 %Mn0.15 %

P0.040 %P0.035 % S0.006 %S0.005 % LOI 2.20 %LOI0.90 % Bulk Density 2.5 t/m3Bulk Density 2.40 t/m3 H2O11.40 %H2O7.70 % Screen analysis Screen analysis

+ 0.15 mm2.0 %+ 0.15 mm8.0 %

- 0.045 mm72.0 %- 0.045 mm35.0 %

NOTE:NOTE:

Indicative results at loading port Indicative results at loading port Dry basis analysis Dry basis analysis

IRON ORE Lump IRON ORE Sinter Feed

Chemical analysis Chemical analysis

Fe65.00 %Fe66.00 % SiO2 2.50 %SiO2 3.60 %

AI2O3 2.00 %AI2O30.70 % Mn0.20 %Mn0.20 %

P0.065 %P0.027 % S0.006 %S0.005 % LOI 1.90 %LOI0.90 % Bulk Density 2.43 t/m3Bulk Density 2.65 t/m3 H2O 4.50 %H2O 4.80 % Screen analysis Screen analysis

+ 31.5 mm10.0 %+ 9.5 mm0.5 %

+ 12.5 mm82.0 %+ 6.3 mm9.0 %

- 6.3 mm10.0 %+ 1.0 mm55.0 %

-0,1527.0 %

NOTE:NOTE:

Indicative results at loading port Indicative results at loading port Dry basis analysis Dry basis analysis

Form of payment:

By Letter of Credit (L/C) Irrevocable, divisible, transferable, operative and active for the total contract amount USD xxxxxxxxxxxxxxxxxxxxxx.xxx.xxx.xxx (United state dollars xxxxxxxx.xxxxxxxxxxxxxx.xxxxxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxx), deposit by the full contract period plus one month (395 consecutive days) per a bank 25 TOP ranking, bank list (https://www.360docs.net/doc/4517258447.html,/addcon/infobank/wldrank.aspx).

Payments will be released by the amount of each B/L, SGS is presented in the buyer bank together with documents of shipping contract as detailed in clause No. 8 and the same as those detailed in this document bearing the inscription: DOCUMENTS REQUIRED FOR PAYMENT. The site of releasing of funds or payment will be in the port of destination at vessel arrival.

Incoterms 2000 (Set of international rules for the interpretation of terms used in international trade)

Bank list 50 TOP: https://www.360docs.net/doc/4517258447.html,/addcon/infobank/wldrank.aspx

DOCUMENTS REQUIRED FOR PAYMENT:

I. A full set of negotiable clean on board Bills of Lading (B/L);

II. Final Commercial Invoice in three copies indicating the contract number and name of carrying vessel;

III. Certificate of Quality in three copies issued by Independent Surveyor, showing actual results of chemical and physical analysis;

IV. Certificate of Weight issued by the Independent Surveyor at the Loading Port;

V. Certificate of Origin in three copies issued by Brazilian Chamber of Commerce or Industry's Federation Agency

In the event Buyer does not receive the above mentioned original documents within L/C terms, Seller shall compensate Buyer all direct costs caused to Buyer by this delay.

Within 3 working days from B/L date Seller shall provide to Buyer via e-mail the shipment details.

Within 14 working days from B/L date Seller shall provide to Buyer via e-mail the dispatch details of the original documentation and the copies of all the documentation set forth in this Section. PROCEDURE:

Buyer sends ICPO accepting price and procedures via e-mail, fax or courier.

Seller reply with FCO via e-mail, fax or courier .

The buyer receives accepting FCO, print, sign, seal and returns it to the Seller, attached with the (bank LC draft for acceptance) to the seller by e-mail, fax or courier, and buyer attached passport’s copy

The seller sends Final draft contract to the Buyer via e-mail, fax or courier.

Buyer verifies and returns it to Seller by e-mail, fax or courier.

Seller, check verified and if all acceptable, will sign the final contract and return to the buyer via e-mail, fax and courier.

Buyer verifies that the contract is final approved, signed and sealed by the seller.

Within 7 (seven) days the final contract must be returned to Seller, signed and approved, by buyer e-mail, fax or courier If the final contract is not returned to the seller at the deadline, contract shall be considered null.

After the contract is returned to the seller, the seller will render the Performa invoice and send to the Buyer via e-mail, fax and courier.

After receiving the Performa invoice from the Seller via e-mail, fax or courier, the buyer will issue a Letter of Credit LC operative and active, valid, current irrevocable for the total contract amount USD xxx.xxx.xxx.xxx (United state dollars xxxxxxxx.xxxxxxxxxxxxxx.xxxxxxxxxxx), in 10 (teen) banking days.Payments will be released by the amount of each B/L, SGS is presented in the buyer bank together with documents of shipping contract as detailed in clause No. 8 and the same as those detailed in this document bearing the inscription: DOCUMENTS REQUIRED FOR PAYMENT.

The site of releasing of funds or payment will be in the port of destination at vessel arrival.

Letter of Credit LC must be valid for 395 days period. Any attempt to set the payment instrument off time, will be automatically rejected by the seller. (The following link will give more information about the process of issuing the guarantee payment instrument

And Buyer on the process of obtaining the Letter of Credit LC the buyer’s bank shall issue a copy of the application is being submitted , certificating that the Letter of Credit LC is in process and has begun and is under revision. This document will be the ULTIMATE proof that the buyer and buyer’s bank are involved with the processing of it. A deadline date will be stated by the seller detail in contact, in order to present this important document.

The buyer request his bank the printed text of the LETTER OF CREDIT BANK SWIFT will scan it, and it will be send it to the seller via e-mail, fax or courier.

The LETTER OF CREDIT LC will be tested by the seller, and will be comparing with the relevant contract, to confirm that all documents are consistent.

From the receipt of the Letter of Credit LC, and within the period of 45/60 working banking day’s delivery begins to run.