Product: Iron Ore (Magnetite)
Specification: FE 62% minimum
Origin: Mexico
Packing: In bulk
Price FOB: US$ 53.00 (fifty three dollars) Puerto Lazaro Cardenas, Mexico
Price CFR: US$ 73.00 (seventy-three dollars) Indian port.
Quantity: up to 150.000 MT (one hundred and fifty thousand metric tons) (+/- 10%) X 12 months
Delivery Schedule: 30 to 45 days after reception and acceptance of Buyer´s Letter of Credit, by our Bank
Loading Port: Puerto Lazaro Cardenas, Mexico
Destination: Please inform. (For reference only)
Physical Characteristics: 3 (three) inches to fines
Payment Terms: Payment Terms: Irrevocable, Divisible, assignable, at sight, Letter of Credit, for 100%, accepted. By our Bank
Price: USD$ 53.00(Fifty three dollars) per MT. FOB (US Dollars per metric ton) X 12 months. This price will be revised every 3 (three) months,