We export Iron Ore to buyers in different countries around the world.
What is Iron Ore?
Iron is one of the most abundant rock-forming elements, constituting about 5% of the Earth’s crust. It is the fourth most abundant element after oxygen, silicon and aluminium and, after aluminium, the most abundant and widely distributed metal. Iron ores are rocks from which metallic iron can be economically extracted.
Iron ore rocks are usually found in the form of hematite (Fe2O3) or magnetite (Fe3O4). About 98% of world iron ore production is used to make iron in the form of steel. Although iron in cast form has many specific uses (e.g. pipes, fittings, engine blocks), its main use is to make steel.
Our Iron Ore Trade Specification
Mineral Type: Iron Ore / Iron Concentrates / Hematite / Magnetite
Physical Specification: On Buyer’s Specification
Quantity: On Buyer’s Specification
Price: Open to Negotiation / Metric Tonne
Trade Process: Ex Works/FOB/CIF
Payment Method: 100% irrevocable SBLC or L/C
Shipping Time: 15 days after confirmation of L/C
Loading Port: Lagos, Nigeria
- Cost Insurance and Freight (CIF): The seller handles everything from loading the vessel, paying for insurance, and shipping the product to the country the buyer wants it delivered.
- Freight On Board (FOB): The seller is responsible for handling the transportation of the goods to the port of shipment and loading cost. Once the goods are loaded on the ship, all liabilities transfer to the buyer. Liabilities like unloading, insurance, marine freight transport, and transporting products to its destination.
- Tanker Take Over (TTO): The buyer takes over the hiring of a loaded tanker along with the product it contains.
- Tanker To Tanker (TTT): The buyer hires his vessel and uses the same to purchase products from the seller.
Are you trying to buy Iron Ore and Concrete and have it shipped to anywhere in the world? At Watsonagro, we are devoted to facilitating purchases and export of solid minerals while providing a reliable and profitable service.