Metal Ores & Concentrates Newsgroup

Location: KOREA, SOUTH, SEOUL

Two enquiries for 64.5% iron ore 500,000 monthly and 5 million ton monthly.
I am a broker working in Korea and China. I am writing about two enquiries below. 1. Iorn ore 500,000 ton monthly. First buyer's target price is between US$150 and US$160 per ton. At the moment, buyer has a SCO with price US$153 and non-transferable L/C Buyer prefer non-transferable L/C. But, if your esteemed company can issue only SCO with transferable L/C, then pass me even that. This buyer has a ability to import maximum 500,000 ton monthly, if term is good. Buyer want to check past performance after buyer issues ICPO. If your esteemed company can meet up to this buyer's requirement then let me know with SCO. 2. Iron ore 5 million ton monthly. This second buyer is different one from above. The position or title of person who gave me this enquiries is chairman of major steel mills. And he has the authority to control a few steel mills. This buyer wants 5 million ton monthly. Not quarterly. This buyer can accept BG, SBLC. Instead, this buyer's requirement is like followings. First, quote two kind of CIF price for transferable L/C and non-transferable L/C Second, buyer wants to receive kick back US$10 per ton, excluding commission for buyer side group. Instead buyer allow to mark up the price. Third, buyer wants seller to disclose past performance after buyer issues ICPO. Fourth, seller's world prime bank has to endorse IMFPA. If your esteemed company can meet up to this buyer's requirement, then let me know with SCO.