Import Magnetite Iron Ore — Buy in wholesale FOB from Supplier in Colombia
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Magnetite Iron Ore
Formari Logistics And Trading supplies magnetite iron ore with a minimum iron content of 63 percent, sourced from Bolivia and traded from Colombia. The material is a magnetic concentrate suited for blast furnace and direct reduction steelmaking processes, with its high Fe grade making it a reliable feedstock for pig iron and pelletizing operations. The ore is offered under FOB and CFR terms, with pricing linked to the PLATTS index to ensure market alignment for bulk buyers.
Magnetite iron ore of this grade is typically characterized by its high magnetic susceptibility and low gangue content, which reduces the need for extensive beneficiation before use in steel production. Standard industry specifications for such ores include a typical Fe content range of 60 to 70 percent, with common impurities like silica (SiO2) and alumina (Al2O3) present in varying proportions. This material is non-agglomerated, allowing for direct use in sintering or as a raw input for downstream processing.
Primary buyers include integrated steel manufacturers and iron ore traders seeking consistent quality for large-scale production. The supplier offers a minimum order quantity of 30,000 metric tons, with a maximum monthly supply capacity of 70,000 metric tons. Trade terms include the acceptance of DLC MT700 from prime or rated banks, with a 2 percent performance bond required. The ore is shipped in bulk, with logistics and freight costs calculated separately for CIF arrangements.
| Product Type | Magnetite Iron Ore |
| Iron (Fe) Content | 63% minimum |
| Origin | Bolivia |
| Trade Terms | FOB, CFR |
| Pricing Basis | PLATTS index linked |
| MOQ | 30,000 metric tons |
| Max Monthly Supply | 70,000 metric tons |
| Payment Terms | DLC MT700 from prime/rated banks |
| Performance Bond | 2% |
| Typical Fe Content Range | 60 to 70% (standard for magnetite ores) |
| Typical Impurities | SiO2, Al2O3 (varies by deposit) |
Formari Logistics And Trading is based in Villavicencio, Meta, Colombia, operating from Calle 45 #39 - 11 in the San Felipe district. The company is classified under the harbor trust tier, indicating a verified operational presence for logistics and trading activities. While the supplier’s response rate and average response hours are currently unrecorded, its address and operational details confirm its physical location and focus on bulk commodity trading.
The company specializes in the supply of magnetite iron ore, leveraging its position in Colombia to facilitate trade from Bolivian sources. Its profile does not list additional certifications, client references, or historical trade volumes, but its stated capacity to handle large-scale shipments and structured payment terms suggests an established role in the regional iron ore market. Buyers are advised to confirm operational specifics directly with the supplier.
Magnetite Iron Ore with 63%+ purity sourced from Bolivia is a premium ferrous mineral commodity widely used in steelmaking, pig iron production, and iron ore pelletizing. This high-grade magnetic concentrate offers excellent Fe content suitable for blast furnace and direct reduction processes, making it a preferred choice for integrated steel manufacturers. Trade terms are offered on FOB and CFR basis with PLATTS index linkage, enabling transparent and market-reflective pricing for global buyers and importers.
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Sourcing Magnetite Iron Ore from Formari Logistics And Trading - Colombia Import Guide
Before placing an order, verify the iron content and impurity levels through a third-party assay to ensure the ore meets your production specifications. Magnetite ores with Fe content below 60 percent may require additional beneficiation, which can impact costs and processing efficiency. Confirm the supplier’s ability to provide consistent quality across multiple shipments.
Logistics for bulk iron ore shipments typically involve Capesize or Panamax vessels, depending on the volume. Discuss Incoterms such as FOB or CFR with the supplier to clarify responsibilities for freight, insurance, and loading costs. Lead times can vary based on vessel availability and port congestion, so confirm estimated delivery schedules in advance.
Quality checks should include testing for Fe content, moisture, and particle size distribution to ensure the ore is suitable for your intended use. Request certificates of analysis for each shipment and consider pre-shipment inspection by an independent surveyor. Documentation such as the bill of lading, certificate of origin, and weight certificates are essential for customs clearance and trade compliance.
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30 suppliersBuy Magnetite Iron Ore in Bulk — Verified Supplier in Colombia
When sourcing Magnetite Iron Ore for your business, securing the right balance of quality and cost is essential. Formari Logistics And Trading, a verified supplier based in Colombia, offers this product with key specifications including Magnetite Iron Ore, 63%+ Fe Grade, Fe 63%+ minimum; Magnetic Iron Concentrate, and Lumps/Concentrate (typical iron ore sizing). By purchasing directly from the manufacturer or authorized exporter, buyers can negotiate favorable FOB prices starting at $9/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 Magnetite Iron Ore sector with strong demand from importing countries worldwide.
Magnetite Iron Ore Specifications, Trade Terms & Pricing
Importing Magnetite Iron Ore requires careful attention to shipping logistics, customs compliance, and secure payment terms. Formari Logistics And Trading 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 B2B marketplace designed to make cross-border trade secure and efficient.
About Formari Logistics And Trading — Supplier in Colombia
Finding trustworthy partners is the foundation of successful importing. The supplier of this Magnetite Iron Ore has been verified on our platform. 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 verified manufacturers and exporters across 200+ countries. Explore similar products in the Magnetite Iron Ore category and connect with top-tier exporters on our comprehensive global B2B marketplace. Start your sourcing journey today.
Import Magnetite Iron Ore — Shipping, Logistics & Customs
Importing Magnetite Iron Ore 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).
Frequently Asked Questions About Magnetite Iron Ore
What is the wholesale price of Magnetite Iron Ore?
The current listed wholesale price for Magnetite Iron Ore from Formari Logistics And Trading is $9/Bags on FOB terms from Colombia. Prices may vary depending on order volume, packaging, and destination. For the most accurate bulk quote, send a direct RFQ to Formari Logistics And Trading through EximNext.
What is the Minimum Order Quantity (MOQ) for Magnetite Iron Ore?
The supplier, Formari Logistics And Trading, has set a Minimum Order Quantity (MOQ) of 1 Bags for Magnetite Iron Ore. For sample requests or smaller trial orders, contact the supplier directly through our platform's inquiry system.
What is the HS Code for Magnetite Iron Ore?
For international shipping and customs clearance, Magnetite Iron Ore is classified under HS Code 2601.11. Buyers should verify their local customs regulations to determine applicable import duties and taxes for this classification.
How can I import Magnetite Iron Ore from Colombia?
To import Magnetite Iron Ore from Colombia, negotiate shipping terms (FOB, CIF, or EXW) directly with Formari Logistics And Trading. Ensure you have the necessary import licenses for Magnetite Iron Ore products in your destination country.
Is Formari Logistics And Trading a verified supplier?
Yes, Formari Logistics And Trading is a verified supplier on EximNext. You can view their complete company profile, business registration details, certifications, and export history before placing a bulk order.
What are the key specifications of Magnetite Iron Ore?
The key specifications for Magnetite Iron Ore supplied by Formari Logistics And Trading include Magnetite Iron Ore, 63%+ Fe Grade, Fe 63%+ minimum; Magnetic Iron Concentrate, and Lumps/Concentrate (typical iron ore sizing). For a complete technical data sheet or Certificate of Analysis (COA), send an inquiry directly to the supplier through EximNext.
What packaging options are available for bulk orders of Magnetite Iron Ore?
Formari Logistics And Trading offers Magnetite Iron Ore with standard export packaging. Custom packaging, private labeling, and OEM/ODM options may also be available for large wholesale orders.
Which countries import Magnetite Iron Ore the most?
Magnetite Iron Ore is actively imported by buyers worldwide. Request a destination-specific CIF or CFR quote from Formari Logistics And Trading through our platform.
What certifications does this Magnetite Iron Ore supplier hold?
Formari Logistics And Trading maintains international quality certifications. These ensure that the Magnetite Iron Ore meets international quality, safety, and regulatory standards required for cross-border trade.
How do I place a bulk order for Magnetite Iron Ore on EximNext?
Click "Request Quotation" on this product page, specify your required quantity, preferred shipping terms, and destination country. Formari Logistics And Trading will respond with a detailed wholesale quote including FOB pricing, lead time, and payment options.
What payment methods are accepted?
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 Formari Logistics And Trading.
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