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Brazilian Iron Ore Fines

Carajás-type / high-grade fines · bulk carrier · CIF China

1. Transaction Terms

CommodityBrazilian Iron Ore Fines (Carajás-type / equivalent high-grade)
OriginBrazil
QuantityTrial + monthly vessel lots (indicative; e.g. trial ~100,000 MT then monthly ~150,000 MT ±10%)
Loading portPonta da Madeira Terminal, Brazil (or equivalent)
DestinationCIF China ports (e.g. Caofeidian, Hebei) — Incoterms 2020
PackingIn bulk
VesselBulk carrier
Price BasisPrice on firm offer (CIF; often Platts IODEX 62% Fe linked + differentials)
PaymentDLC per shipment; settlement 100% T/T (MT103) after CIQ certificate + full documents
DeliveryPre-customs bonded warehouse only
InspectionPre-shipment SGS/Inspectorate optional (seller) · Final: CIQ at destination — binding for quality, moisture & weight

2. Chemical Composition (Dry Basis)

ParameterTypicalGuaranteeRejection
Fe (Iron)65.0 – 66.5%≥ 62.0%< 60.0%
SiO₂1.5 – 3.5%≤ 5.0%> 6.5%
Al₂O₃0.8 – 1.5%≤ 2.0%> 2.5%
P0.04 – 0.07%≤ 0.090%> 0.100%
S0.005 – 0.015%≤ 0.020%> 0.030%
Moisture (as received)8.0 – 10.0%≤ 10.5%> 12.0%
LOIReport

3. Size / Physical

FormIron ore fines (sinter feed)
> 10 mmMax 10%
< 0.15 mmMax 25% (or as agreed)
AppearanceDark reddish-brown to black; free from excessive foreign matter
Indicative commercial reference for Brazilian high-grade fines. Exact grade, vessel size and price fixed in firm offer. Final Fe, moisture and weight per CIQ at destination. Subject to sanctions screening.
All Metals Request Firm Offer