Buyer Requirement for Iron Ore Hematite (85% Fe2O3)

Buyer Requirement for Iron Ore Hematite (85% Fe2O3)

We are pleased to inform you of a new opportunity for suppliers in the iron ore market. Our buyer, a prominent entity, is seeking to purchase Iron Ore Hematite with specific requirements outlined below. This engagement offers a chance for qualified suppliers to secure a long-term and high-volume partnership.

Product Specifications:

• Product: Iron Ore Hematite
• Purity: 85% Fe2O3 (Iron (III) Oxide)

Quantity Requirements:

• First Shipment: 400,000 Metric Tons (MT)
• Subsequent Shipments: Potential to reach up to 2 million MT based on performance and quality.

Transaction Terms:

1. Pricing Requirement:

   • CIF (Cost, Insurance, and Freight) to Jubail Port, Saudi Arabia.
   • The pricing should encompass all costs related to transportation, insurance, and freight to the specified port, ensuring seamless delivery to the buyer.

2. Quality Assurance:

   • The iron ore must meet the specified quality standard with an assay confirming 85% Fe2O3 content.
   • Shipments are subject to inspection and verification by an approved third-party inspection agency before loading.

3. Delivery and Shipping:

   • The initial shipment of 400,000 MT should be arranged promptly, with a detailed logistics plan to ensure timely delivery to Jubail Port, Saudi Arabia.
   • Following satisfactory performance, subsequent shipments may scale up to a total of 2 million MT, with flexible delivery schedules based on mutual agreement.

4. Trial Order:

   • A trial order is negotiable based on the seller’s capacity and operational readiness. This option allows the seller to demonstrate product quality and logistical capabilities before committing to larger, long-term volumes.

5. Documentation:

   • Required documentation includes Certificate of Origin, Bill of Lading, Commercial Invoice, and Inspection Certificate, complying with international trade standards.
   • Additional documents as required by Saudi Arabian customs must be provided to ensure smooth processing.

Next Steps: Qualified suppliers are invited to submit their proposals, including details of their ability to meet the specified terms and volumes. Please provide information on your readiness to supply, along with any additional details or steps required from our side to move forward with this inquiry.

We look forward to establishing a productive partnership that meets the needs of our buyer and supports continued growth in the commodities market.