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This Magnetite iron ore is offered as concentrate or lumps with a Fe purity range of 50-60%, sourced from Kazakhstan. The lump size class is 0-1000mm, making it suitable for sintering and blast furnace applications, while the concentrate variants (0-10mm and 10-40mm) are also available for specialized uses. The material is traded in bulk, with delivery options including DAF Alashankou border or CIF/CFR Qingdao port.
Magnetite ore typically has higher iron content per volume compared to Hematite, which can improve yield in steelmaking. The 0-1000mm lump size is standard for direct feed into blast furnaces, while the finer concentrates (0-10mm and 10-40mm) are often used in pelletizing or sintering processes. Typical density for Magnetite ore is around 5.2 g/cm³, and its magnetic properties allow for efficient separation during processing.
Buyers for this ore are primarily steel mills and traders in Asian markets, particularly China. The supplier offers flexible delivery terms, with bulk shipments of up to 54000 tons per month for lumps and 20000-25000 tons per month for concentrates. Payment terms are structured as 30% advance payment and 70% via transferable LC, divisible and revolving within 45 days. This flexibility supports importers managing cash flow and logistics for large orders.
| Iron Content (Fe) | 50-60% |
| Material Type | Magnetite Iron Ore |
| Size Class (Lumps) | 0-1000mm |
| Size Class (Concentrate) | 0-10mm, 10-40mm |
| Origin | Kazakhstan |
| Delivery Terms | DAF Alashankou border, CIF/CFR Qingdao port |
| Monthly Supply (Lumps) | 54000 tons |
| Monthly Supply (Concentrate) | 20000-25000 tons |
| Typical Density | 5.2 g/cm³ (standard for Magnetite) |
| Typical Moisture Content | below 8% (standard for Magnetite concentrates) |
| Typical Magnetic Property | Strongly magnetic, enabling efficient separation |
Algs Group Llc is based in Almaty, Kazakhstan, with its office located at Samal-2/75. The company specializes in trading Magnetite iron ore, offering both lump and concentrate variants to meet diverse industrial needs. Its location in Kazakhstan positions it as a key supplier for Central Asian and Chinese markets, leveraging proximity to major trade routes.
The supplier provides flexible delivery and payment terms, catering to importers with varying logistical and financial requirements. While the trust tier is listed as harbor, the company’s focus on bulk shipments and multiple delivery options suggests a commitment to serving large-scale buyers. No additional details about certifications, operational history, or client base are provided in the available profile.
This magnetite iron ore concentrate is available at 50-60% Fe purity, suitable for steelmaking and iron ore trading across Asian markets. The 0-1000mm lump size is ideal for sintering and blast furnace applications. Offered in bulk with pricing at DAF Alashankou border at $70/ton or CIF/CFR Qingdao port at $157/ton, providing flexible delivery terms for importers in China and neighboring countries.
| Business Type | Supplier |
| Year Established | Recently Joined |
| Employees | Contact Supplier |
| Annual Revenue | Contact Supplier |
| Main Products | View Products Tab |
| Major Markets | Global |
| Response Time | Contact Supplier |
| Response Rate | New Supplier |
Before placing an order, verify the Fe content and size class of the ore to ensure it meets your production requirements. Request certificates of analysis for the specific batch, particularly for silica, alumina, and phosphorus levels, as these impurities can affect steel quality. For concentrates, confirm the particle size distribution to ensure compatibility with your processing equipment.
Clarify the Incoterms for your chosen delivery option, as DAF Alashankou border and CIF/CFR Qingdao port have different cost and risk allocations. Discuss the feasibility of bulk or palletized shipments and the associated logistics, including transit times and port handling fees. Payment terms require 30% advance payment, so arrange financing and confirm the LC issuance process with your bank.
Inspect the ore upon arrival for Fe content, moisture, and particle size, especially for concentrates. Request documentation such as the bill of lading, certificate of origin, and quality certificates to support customs clearance. For long-term contracts, consider periodic third-party testing to ensure consistency in quality and avoid disputes over specifications.
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When sourcing Iron Ore (Magnetite) for your business, securing the right balance of quality and cost is essential. Algs Group Llc, a supplier based in Kazakhstan, offers this product with key specifications including Magnetite (Magnetic Iron Ore), Fe 50-60%, and 0-1000mm (lump ore). By purchasing directly from the manufacturer or authorized exporter, buyers can negotiate favorable FOB prices starting at $160180/Bags and manage bulk orders with a minimum order quantity (MOQ) of 1 Bags. This product is actively traded under HS Code 2601.11, making it a staple in the Iron Ore sector with strong demand from importing countries worldwide.
Importing Iron Ore (Magnetite) requires careful attention to shipping logistics, customs compliance, and secure payment terms. Algs Group Llc offers flexible shipping options such as Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. To ensure a smooth transaction, buyers should verify import duties for HS Code 2601.11 in their destination country. Common payment methods for international B2B transactions include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P). All transactions and RFQs are facilitated through EximNext, a leading online B2B marketplace designed to make cross-border trade secure and efficient.
Finding trustworthy partners is the foundation of successful importing. Ask the supplier of this Iron Ore (Magnetite) for business registration and quality documents before ordering. Whether you are a distributor, wholesaler, or procurement manager, you can request a free quotation, ask for product samples, and finalize your bulk purchase with confidence. EximNext hosts thousands of manufacturers and exporters across 200+ countries. Explore similar products in the Iron Ore category and connect with top-tier exporters on our comprehensive B2B marketplace. Start your sourcing journey today.
Importing Iron Ore (Magnetite) requires careful attention to shipping logistics, customs compliance, and secure payment terms. Common shipping options include Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. Buyers should verify import duties for HS Code 2601.11 in their destination country. Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P).
The current listed wholesale price for Iron Ore (Magnetite) from Algs Group Llc is $160180/Bags on FOB terms from Kazakhstan. Prices may vary depending on order volume, packaging, and destination. For the most accurate bulk quote, send a direct RFQ to Algs Group Llc through EximNext.
The supplier, Algs Group Llc, has set a Minimum Order Quantity (MOQ) of 1 Bags for Iron Ore (Magnetite). For sample requests or smaller trial orders, contact the supplier directly through our platform's inquiry system.
For international shipping and customs clearance, Iron Ore (Magnetite) is classified under HS Code 2601.11. Buyers should verify their local customs regulations to determine applicable import duties and taxes for this classification.
To import Iron Ore (Magnetite) from Kazakhstan, negotiate shipping terms (FOB, CIF, or EXW) directly with Algs Group Llc. Ensure you have the necessary import licenses for Iron Ore products in your destination country.
Open the Algs Group Llc company profile on EximNext to see the details the company has provided. Before a bulk order, ask for business registration, certificates and export documents, and consider a sample or a small trial order.
The key specifications for Iron Ore (Magnetite) supplied by Algs Group Llc include Magnetite (Magnetic Iron Ore), Fe 50-60%, and 0-1000mm (lump ore). For a complete technical data sheet or Certificate of Analysis (COA), send an inquiry directly to the supplier through EximNext.
Algs Group Llc offers Iron Ore (Magnetite) with standard export packaging. Custom packaging, private labeling, and OEM/ODM options may also be available for large wholesale orders.
Iron Ore (Magnetite) is actively imported by buyers worldwide. Request a destination-specific CIF or CFR quote from Algs Group Llc through our platform.
Algs Group Llc maintains international quality certifications. These ensure that the Iron Ore (Magnetite) meets international quality, safety, and regulatory standards required for cross-border trade.
Click "Request Quotation" on this product page, specify your required quantity, preferred shipping terms, and destination country. Algs Group Llc will respond with a detailed wholesale quote including FOB pricing, lead time, and payment options.
Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services. Confirm accepted terms directly with Algs Group Llc.
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