WANTED: Iron Ore (High Quality)
Buy Requirement Specifications & Trade Terms
A buyer from South Africa is looking for wholesale iron ore (high quality). Quantity required: 200000. Shipping terms: Free on Board. Payment terms: LC. Review the full specifications and submit your competitive quote.
Shipping Terms & Destination Port
The buyer requires Free on Board shipping terms. Exporters from any country capable of shipping to South Africa are encouraged to submit their best FOB or CIF pricing.
Submit Your Quotation
Verified suppliers can submit their wholesale quotation including FOB pricing, MOQ, production capacity, and shipping terms. Click "Submit Quotation" to respond directly to this iron ore (high quality) requirement.
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Iron Ore (High Quality) Needed in South Africa: 200,000 Wholesale Buy Lead
A verified buyer in South Africa has posted an active requirement for iron ore (high quality), indicating a volume of 200,000. The buyer has specified Free on Board shipping, with settlement by an irrevocable letter of credit, so responding sellers should be positioned to perform on a seaborne cargo rather than a small parcel. The buyer's own note adds: "We are selling Iron ore 62-64 % minimum of 200 000 MT for 5year too 10 years contract. SBLC Transferable. From South Africa". Suppliers preparing an offer should be ready to evidence iron ore (high quality) on a current certificate of analysis, covering the assay (for ore, Fe or metal content, silica, alumina, phosphorus and sulphur, moisture, and size fraction such as lump, fines or pellet; for finished metal, grade, dimensions and mechanical properties), reported against standard ISO sampling and assay methods. At first contact, proof of material and a clear statement of available tonnage count for more than a headline price. Quality and quantity are normally established by an independent inspector such as SGS or Intertek, with sampling and a draft survey at the load port and re-check at the discharge port. Iron ore (high quality) moves as bulk-carrier cargo, so the offer should name the load port, the vessel class the parcel suits, the laycan, and the tonnage genuinely available, rather than container or packaging detail. Trade terms most often negotiated are FOB at the load port and CFR or CIF to the discharge port; under CFR the seller arranges the vessel through to the buyer's port. Quote Incoterms 2020 explicitly so risk transfer is unambiguous. Payment on cargoes of this size is usually an irrevocable documentary letter of credit, often with final settlement against the inspected content at discharge, which matches the instrument this buyer has specified. A complete first response covers grade compliance against the buyer's note, a delivered price with a clear validity window and any index linkage, proof of material and available tonnage, the load port and laycan, the inspection and assay arrangement, and the bank instrument the offer can perform against.
Frequently Asked Questions About Iron Ore (High Quality) Buy Leads
How much iron ore (high quality) is this buyer looking to source?
The buyer has indicated a requirement of 200,000. Confirm your available volume against it, state your MOQ if it sits below this figure, and give the production or shipment schedule you can hold to.
What shipping and payment terms did this buyer specify?
The buyer has specified Free on Board shipping and settlement by an irrevocable letter of credit. Quote your price on those Incoterms and set out the documents you can present against an irrevocable letter of credit.
What iron ore (high quality) specification has this buyer outlined?
The buyer's own note adds: "We are selling Iron ore 62-64 % minimum of 200 000 MT for 5year too 10 years contract. SBLC Transferable. From South Africa". Match your certificate of analysis and supporting documents to these points in the first response, and flag any deviation from the buyer's stated requirement up front rather than after a sample.
Is this iron ore (high quality) requirement still open?
This buy lead is currently open and accepting quotations. It was posted on January 25, 2026. Requirements that pass six months without activity are automatically marked closed, so the most recently posted leads are the most likely to convert.
How do I submit a quotation on this iron ore (high quality) requirement?
Use the Submit Quotation button on this page to send your offer directly to the buyer. A complete quote covers your price and its validity window, MOQ, load port and laycan, and the certifications you can provide. The buyer's contact details are released once you submit a quotation, so there is no need to source them elsewhere.
What HS code applies to iron ore (high quality)?
Wholesale iron ore (high quality) is classified under a specific HS heading that sets the duty and documentary regime in the destination market. Confirm the exact ten-digit national tariff line with a licensed customs broker before shipment, and keep that code identical across the commercial invoice, packing list, and certificate of origin so the consignment clears in one pass.
Which Incoterms and payment methods are standard in iron ore (high quality) trade?
Bulk iron ore (high quality) usually moves FOB at the load port or CIF and CFR to the discharge port, quoted on Incoterms 2020 to fix the point of risk transfer. Payment is commonly an irrevocable letter of credit at sight, a telegraphic transfer with a partial advance against shipping documents, or platform-mediated escrow on a first order.
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