Iron-Ore-Magnetite-Fe3O4

Tidy Mart a well knows International Trading company which deals with Magnetite Iron Ore-Fe3O4. We have wide network and good business relationships with, mine owners, traders, exporters and logistic company. We are team of people who have expertise in this Magnetite Iron Ore field. We have tie up many mine owners to procure different grades of Magnetite Iron Ore-Fe3O4, it various Fe57% to Fe64%. Magnetite Ores are liter than Hematite ores and therefore requires considerably less energy to crush and grind if beneficiation is required.

Tidy Mart's extensive relationship helps our clients to work with acknowledged expertise in this Industry. Through our wide network, certainly we are fulfilling our client's requirements interms of Timely Delivery along with Quantity and Quality. Tidy Mart consortium will support for the entire activity in this Magnetite Iron Ore trade, and support the buyers to meet out their Magnetite Iron Ore-Fe3O4 requirements.

Payment & Inspections:

The payment shall be 100% Irrevocable Non-Transferable letter of credit payment at sight against loading port Documents. Seller 2% operational PB opens non-operational LC. The Quantity and Quality certificate will be by SGS/CCIC or equivalent, at seller`s cost at loading port.

Documents:

1) Seller's signed Provisional commercial invoice in one original four copies indicating name, specification, quantity and value of commodity shipped, name of carrying vessel, contract number, L/C number, and B/L number for drawing 100% of invoice amount.

2) Full set of 3/3 original "Clean on board" charter party B/L showing capacity of Issuing party and made out to order, blank endorsed marked "Freight payable as per charter party " notifying the party as stipulated on the L/C.

3) Certificate of Analysis at the Loading Port in one original and three copies issued by SGS/CCIC must showing "Issued at the loading Port".

4) Certificate of Weight at the Loading Port in one original and three copies issued by SGS/CCIC must showing "Issued at the loading Port".

5) Certificate of Origin in one original and three copies issued by (Original country) Ian relevant commerce organ.

6) Beneficiary's certified copy of fax sent to the Buyer within 2 days after shipment advising name of vessel, Bill of lading date, and contract number, name of commodity L/C number, quantity/weight, and invoice value.

7) Beneficiary's certificate certifying one set of non-negotiable shipping documents are sent to the Buyer by fax within 10 working days after shipment.

 

Shipments on FOB & CNF basis ranging from grades of 57% to 63.5% Shipments are through Major Indian, Brazilian and Indonesian Ports

Composition of Magnetite Iron Ore Fines Fe3O4

Iron (Fe by %)

63% Rejection below 62%

FeO

17% Minimum

Silica (Si02)

3.00% Max

Sulfur (S)

0.09% Max

Phosphorous (P)

0.09% Max

Aluminium (Al203)

5.00% Max

Titanium (Ti02)

5.00% Max

Sizes

0-10mm

Moisture (H2O)

8% maximum at 105 degrees Celsius

Procedure

  • Buyer Send draft LOI / BCL
  • Seller sends FCO/ Seller send draft contract to buyer with seller profile & other document.
  • Buyer Check on the spot in the stockpile and stock room, if required.
  • Buyer and Seller sign and seal final contract
  • Buyer issues non-operative LC
  • From seller proof of products Bank to Bank
  • PB activates the LC
  • Shipment begins as per contract
  • Here Tidy Mart provides an LOI & ICPO form, for Buyer's. Buyers are requested to download the LOI or ICPO from the following link and Fill, Sign, Seal send to our mail ID. Buyer's name, Address, Phone number, Fax number, and Email address must be included

    Magnetite Iron Ore Fines Fe3O4 ICPO Form

    Magnetite Iron Ore Fines Fe3O4 LOI Form

    Tidy Mart providing some sample FCO, in the following link for Buyer's convince. Buyers are requested to download the FCO from the link and can be used strictly for sample purpose and for clarification.

    Magnetite Iron Ore Fines Fe3O4 Sample FCO for Break Bulk Shipment

    Magnetite Iron Ore Fines Fe3O4 Sample FCO for Container Shipment

    Further if you have any quires related to Magnetite Iron Ore imports, kindly mail us with your entire requirements in details. We will discuss with our team members to fulfill your Magnetite Iron Ore Fines-Fe3O4 requirements, and we are happy to assist you.