BRAZIL/IRON ORE

1.- COMMODITY: Pellets  65%

ORIGIN: VALE SA -  Brazil


PACKING: In bulks


LOADING PORT: Brazil -  Septiba

DISCHARGING PORT: ASWP

DELIVERY: Within 30 days after date of opening L/C

QUANTITY: 100,000 MT /Month x 12Months x per 5 Years

PRICE  CIF:  BUEYER PAY COMISION : USD:  Platts of day -10% discount  + 6 USD  Comission ( 3 usd Seller, 3 usd Buyer  ( 1 usd Buyer , 1 usd Facilitator/group  , 1 usd Antonio/group   ),  (Platt price fixed per MT for 3 months with quarterly price review )

PAYMENT TERMS: Non-transferable DLC, top 25 World Bank

PB: 2% PB issue first before issue L/C

TECHNICAL SPECIFICATION FOR DIRECT REDUCTION IRON OXID 

PELLET

A)Chemical Specification : 

Element Acceptable rate (%) Expected Rate (%) 

Fetot 66.7 min 67.5 min

SiO2 2.2 max 1.6 max

FeO 0.75 max 0.5 max

Al2O3 0.5 max 0.3 max

MgO 0.6 min 0.6

CaO 0.7 max 0.5 max

S 0.008 max 0.003 max

P 0.06 max 0.05 max

TiO2 0.1 max Trace

V2O5 0.2 max Trace

K2O 0.1 max Trace

Na2O 0.2 max Trace

Cu 0.01 max Trace

Zn 0.005 max Trace

Mn 0.04 max Trace

Pb 0.005 max Trace

Cr 0.005 max Trace

Ni 0.005 max Trace

As 0.005 max Trace

LOI 0.7 max Trace

Sn 0.005 max Trace

B) Physical specification

Abrasion index

<0.5 mm

Tumble index

> 6.3 mm

Prosity Compression strength

Medium Under 

150

Kg/ pellet

Under 100

Kg/ pellet

4 max %95 min %20min 270 kg/ pellet min %3 max %0

 Ashley Bulluck

Sales Manager
Gulf Express International LLC
1810 Garfield Street
Hollywood FL, 33020
Ph: 954-589-0170
Fax: 954-589-2855
abulluck@gulfexpressintl.com