Brazilian Iron Ore Sinter Feed, Fe 64.5% – in Bulk

COMMODITY

Brazilian Iron Ore Sinter Feed, Fe 64.5% – in Bulk

ORIGIN

Brazil – South America

AVAILABILITY

5.400.000 Metric Tons (+/- 5%) with Extensions

DELIVERY

150.000/MT until 450.000/MT Months

PORT OF LOADING

Sepetiba Port – Rio de Janeiro – RJ

PRICE C.I.F. ASWP

USD$ 145.00/MT – C.I.F. – ASWP
No Price variation, product must meet quantity and quality as per specification, and Certificate of International Inspectors “SGS”, if otherwise does not meet the quality at port of loading is rejected.

PAYMENT


The Buyer will initiate the execution of the contract by issuing a BG or SBLC worth 03 months delivery of products with validity for 13.5 months (issued by top 50 world banks in USA, Europe or other country approved by seller) which will be used to pay last 3 months shipment of the first 12 months contract. The BG or SBLC is unconditional and transferable. Monthly delivery of products for first 9 months will be paid by TT or DLC.

No other Payment Term. The Buyer need accept because the Seller will not change.

The deal have a huge logistic structure with MRS Train road, Port of Sepetiba and the Seller wants this guarantee.
Eco Mondial Service Export works only with this Seller Company and if the Buyer doens`t accept this C.I.F. ASWP Payment term, we don`t have other Seller with other payment term.

PERIOD OF DELIVERY



The delivery shall commence at port of loading on/or about 35/45 days after the confirmation of the Financial Instrument in the Seller’s Bank account to the Seller’s satisfaction, and shall be legal and lawful currency of United States Dollars. Delivery will be in 12 consecutive months.

PERFORMANCE BOND

2%


INSPECTION AND
IMPORT LICENSE



The Seller Guarantees on its account that each shipment of Brazilian Iron Ore shall be provided with an inspection certificate of quality and quantity at the time of loading by an International Authority “S.G.S” or similar at Seller’s expense. Such authority shall inspect the product in strict accordance with Internationally. Accepted Procedures. Final quality and quantity inspection shall be at port of loading at time of loading in Brazil The import license from the Buyer country if any should be the Buyer responsibility and at his sole expenses, such import license must be available by the Buyer, and will be part of the contract.

BUYER`S BANK

No China’s Bank / Top 50 World Banks in USA, Europe or other country approved by Seller.


SPECIFICATION

Chemical Dry Basic.


Fe
64.50%
Rejection below
63.0%
Al2O3
0.70%
Rejection above
2.00%
SiO2
3.00%
Rejection above
5.00%
S
0.007%
Max
0.03%
P
0.03%
Max
0.06%
K2O
0.008%


CaO
0.02%


MgO
0.03%


Na2O
0.005%


TiO2
0.05%


Mn
0.15%


Sn
<0.01%


Chromium
<0.005%


Zinc
<0.005%


LOI
0.08%


Physical Characteristics



0.15mm – 3mm
30% min


3mm - 5mm
60% max


5mm -10mm
10% max






Moisture:
8.00% at 105
degrees centigrade



PROCEDURES


1.Eco Mondial Service Export issue Soft Offer - Ref.: N._IV_EMSE_10/08, plus NCND;

2.Buyer Issue LOI / ICPO + SOFT PROBE with BCL or RWA from the Bank that will issue the SBLC or the BG, also Sign this Soft Offer on each page (signature and corporate seal), plus NCND.
The LOI / ICPO must be:
Complete Identification of Buyer: Signed, Sealed and Stamped;
Soft Probe Authorization:
We understand that any and all offer’s and / or contracts are subject to successful seller verification of
funds availability. We hereby give our permission for the Seller to conduct a Soft Probe of our account.

Banking Co-Ordinates
Buyer’s Bank Information:
Address:
Account Name:
Account Number:
Swift Code:
Tel:
Fax:
E-mail:
Bank Officer:

Quantity demand, Target Price, Contract Length and al other details involved;
Current Date;
Closed in Format PDF;
Addressed: To: Seller / Via: Eco Mondial Service Export and Mr. zbigniew postoj director f.h.u pro via .........

3. Seller will check the documents and the Buyer funds;

4. If the Seller approve he will issue the FCO or direct the Draft Contract, and send by e-mail to the Buyer, also the draft of the Bank Guarantee and Performance Bond, and;

5. Buyer Receive the Draft Contract, review Sign and Seal and send Back by e-mail, and;

6. Seller issue the Hard Copy sign and seal and send by E mail to the Buyer for final signature, and;

7. Buyer Sign and seal and send Back by e mail to the Seller. Said signed contracts being exchanged electronically will be deemed as original and is legally binding until hard copies are exchanged, Seller also will include the Draft of the PB and the BG as annex in the contract. Seller shall issue five;

8. (5) hard copies to be sealed and signed and send to Buyer by courier. Buyer signs and seals them and sends three (3) copies back to the Seller, and;

9. Buyer issue the Bank Guarantee by SWIFT MT760 to the Seller Indicated Bank, and copy of the Original which must be sent by e mail to the Seller E mail, and Seller will issue a Performance Bond for non-delivery equivalent to a 2% (Two percent) of each total Bank Guarantee value, and;

10. Seller would facilitate and assist Buyer or Buyer’s representative if there was a wish that Buyer would want to be present at the loading for the first shipments, and;

11.Deliveries of Goods to the Port in Brazil will commence in strict compliance with contract terms within thirty five/fourty five (35/45) days of receipt of an acceptable Buyer's Bank Guarantee, and schedule mutually agreed and continue as per shipping schedule. Buyer to supply shipping schedule for the first ninety (90) days shipments within ten (10) days following the signing of the Contract with shipment schedule for the balance of 12 (twelve) months deliveries to be issued forty five (45) days ahead of the actual shipment.