OBJECTIF Group FRANCE
52, Av de Constantine 38100 Grenoble - France
Tel : 00.33.476.62.39.72
Fax : 00.33.476.25.52.30
Dear Sir
We would like to inform you we have an new offer for you as follows :
If following offer is acceptable with term and condition, send us LOI + BCL to proceed.
We are interested in selling 50000Mt / month with following specifications:
Chemicals ( on Dry Basis )
Fe 61.50% basis/min
SiO2 6.00 % Max
Al2O3 1.22 % Max
FeO 19.46 % Max
S 0.039 % Max
P 0.19 % Max
LOI 0.81 % Max
TiO2 1.50 % Max
CaO 1.82 % Max
CaO+MgO 4.79 % Max
NaO2 0.189 % Max
K2O 0.98 % Max
Other Metals Included Copper Traces
Moisture 3.00 % Max
Physical : (On Natural basis )
Size +15mm 0% 0%
-15mm to -10mm 5%max 5%max
-10mm to - 6mm 15%max 15%max
- 06mm to- 0.15 45% max 45%min
- 0.15mm(-100mesh) 35%max 35%max
Origin : Iran
Payment Term : 100% irrevocable L/C at sight from any prime bank.
Price : USD 45 FOB bandarAbbass port in IRAN (Not negotiable)
Loading Port:BandarAbbass
Discharge Rate : 15000Mt/day
Packing : Bulk
Commission: All traders could add $1 as their commission to above price.
PROFORMA INVOICE.
1.Commodity: Iron Ore Fines 63.5% Grade
2.Country of origin: India.
3.Quantity: 60,000 MT to 1,20,000 MT per month
4.Duration of supply: 45 days from the date of receipt
of confirmed and activated L/C.
5.Price for Unit: US$ 69C&F / US$50 FOB.
6.Shipment Details: 30,000,40,000,60,000 MT per shiploads.
7.Loading Port: Haldia or Paradip Indian port.
8.Discharge Port: Choice of buyer
9.Specifications
Chemical Composition
FE: 63.5 % Min
SiO2: 3.0% MAX
Al2O3: 3.0% Max
Phos: 0.08% Max
Ash: 0.075% Max
Sulphur: 0.08% Max
TiO2: 0.25% Max
Free moisture loss at: 8.00 % Max 105 degree centigrade
Physical Composition
Below 10 mm: 90% Min
Above 10mm: 10%Max
Below 150 micron: 30% Max
10.Packing: Bulk
11.Inspection: By SGS at the port of loading cost to seller
12.Performance Bond: 2% of the LC value.
13.Insurance:Will be arranged by Seller Cost to buyer.
14.Sellers Bank Details:
15. Payment Terms: By way of documentary letter of credit advised and confirmed by one of the top 100 International bank should be Irrevocable transferable payable 100% at site upon submission of the documents and unrestricted for negotiations at sellers bank counters
16.Documents for negotiations:
-Commercial Invoice
-Certificate of Origin
-Inspection certificate
-Clear Ocean Bill of Loading marked shipped on board
-Packing Details.
17.Validity of the Offer: 7 Working days from the date of issuance of the offer.
18. Procedure to Follow:
A. Buyer and Seller Sign the Sale Purchase Contract.
B. Buyer sends Pre-LC Advice.
C. Seller issues Non operative Performance Bond.
D. Seller verifies the text of LC.
E. Buyer activates the LC after incorporating the amendments and Seller activates the PB
Shipment commences within 45 days from the date of activated L/C.
Documents for negotiation for payment will be submitted within 15 days from the date of shipment
Payment to be made through Swift or Wire Transfer upon receipt of the document
OUR COMMUNICATION CO-ORDINATES ARE AS FOLLOWS