WANTED: Sponge Iron

Buy Requirement Specifications & Trade Terms

A buyer from India is looking for wholesale sponge iron. Quantity required: 100000 Metric Ton/Metric Tons(sample). Shipping terms: CIF. Payment terms: L/C. Review the full specifications and submit your competitive quote.

Shipping Terms & Destination Port

The buyer requires CIF shipping terms. Exporters from any country capable of shipping to India 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 sponge iron requirement.

Similar Wholesale Sponge Iron Buy Leads

Browse more active buy leads for sponge iron and related B2B Products products from importers worldwide on EximNext B2B Marketplace.

100,000 Metric Tons(sample) of Sponge Iron Sought by a Verified Importer in India

An importer in India has posted an active requirement for sponge iron, indicating a volume of 100,000 Metric Tons(sample). The buyer has specified CIF 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. Suppliers preparing an offer should be ready to evidence sponge iron 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. Sponge iron 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 Sponge Iron Buy Leads