NEW 2026 June Soft Offer – Iron Ore Fe 60% Rej 58% – 50,000 Mt in monthly basis – Origin Egypt – FOB Basis
Iron Ore Hematite
Egypt
We have the pleasure to inform you that our group have negotiated this excellent option related to Egyptian Iron Ore. At this time Mine owner is Ready, Willing and Able to supply the said product as stated below under the following terms and condition:
CORPORATE SOFT OFFER
COMMODITY: Iron Ore FE 60% Rej 58% FE
COUNTRY OF ORIGIN: Egypt
LOADING PORT: FOB Sokhna port Egypt
QUANTITY: 50,000 Mt x 12 shipments/months
CONTRACT: 12 months
QUALITY: Iron Ore FE 60% Rej 58% FE
SPECIFICATIONS STANDARD INTERNATIONAL
Iron Ore to be supplied under the present contract shall conform to the specifications and standards specifically set out below:
Chemical Composition (on dry basis)
Fe 58%-60% Rejection below 58 % min
P 0.05% max
S 0.02% max
SiO 2.7% max
Al2O 3.2% max
Mn 2% max
LOI 4%max
CaO 0.05max
MgO 0.05max
Na2O 4% max
K2O 2% max
Moisture H2O 4% max
Size will be form 00 – 40 mm (0-4cm).
PRICE: US$ 65 Pmt
PACKING: Loose Bulk in Vessel
PAYMENT TERMS:
Payment via Non-transferable or Transferable L/C 100% at sight from Buyer’s bank in exchange for Original BL, Commercial Invoice, SGS Report, Packing List, etc. –
First Delivery terms: 30-45 days after issuance of Letter of Credit
Inspection: SGS or Alex Stewart (Assayers).
Performance Bond : 2% of one Shipment.
PROCEDURES
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/RWA with full banking coordinates.
- Seller issues Draft Contract.
- Buyer signs the Draft Contract and sends it back to the Seller.
- Seller issues the final Contract to the Buyer.
- 5. Buyer’s bank issues and sends by swift the non-operative L/C 100% at sight to the Seller’s bank within 48 hours.
- Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
- Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
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