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Mexican iron ore, lump & fines — FOB Mexico.

Iron ore from Mexico, Fe 61–62%, supplied as segregated lump and fines for steel mills and sinter plants. As agents since 1983, Chemical Assistance represents a US-based company and its Spanish sister company — the same principals as our Pet Coke and other commodities.

Bulk cargo vessel loading at a commodity port
Key terms

Iron Ore offer at a glance.

The essentials buyers ask for first. The full specification sheet is provided with the corporate offer.

Product
Iron ore — lump & fines
Origin
Mexico
Fe
61–62% (indicative)
Sulphur
0.50% max. — subject to final SGS verification
Moisture
3% max.
Sizing
Lump 10–50 mm · fines below 10 mm — segregated
Delivery
FOB Mexico (Pacific coast) — buyer nominates the vessel, any destination port
Payment
Entirely bank-to-bank — no third parties, no intermediaries, full financial traceability
Inspection
SGS or equivalent international surveyor
Documents
SGS report, certificate of origin, bill of lading — presented through the banks
Supplier
A US-based company and its Spanish sister company · Chemical Assistance acts as agent
Applications

Where our Iron Ore is used.

Blast furnaces

Lump ore (10–50 mm) for direct charging into blast furnaces, alongside sinter and pellets.

Sinter plants

Fines (below 10 mm) as sinter feed for integrated steel mills.

Blending & trading

Segregated lump and fines that steel mills and traders can blend to their own burden.

Markets

Asia first — any port on FOB terms.

Loading on Mexico's Pacific coast gives direct routes to Asian steel markets. Delivery is FOB: the buyer arranges freight to its own port.

Asia
  • China
  • Vietnam
  • Japan
  • South Korea
  • Indonesia

Blast-furnace steel mills — the core of global seaborne iron ore demand, reached across the Pacific from Mexico's west coast.

Other markets
  • Turkey
  • Middle East
  • Europe
  • Any port (FOB)

On FOB terms the buyer nominates the vessel, so any destination port is possible.

Procedure

From LOI to delivery, bank-to-bank.

No third-party intermediaries. Every financial flow goes through the banks.

LOI issued directly by the end buyer

Purchasing company, required quantity, destination and issuing bank.

Evaluation & SCO

The seller reviews the LOI and, if it proceeds, issues a soft corporate offer (SCO).

Signed contract

Specifications and terms agreed; sales and purchase agreement signed between the parties.

Bank-to-bank payment

The payment instrument is issued and handled exclusively through the banks.

SGS inspection & FOB loading

Quality and quantity verified by SGS or equivalent at the loading port; FOB loading on the buyer's vessel.

Documents through the banks

SGS report, certificate of origin and bill of lading presented bank-to-bank.

FAQ

Iron Ore — buyers' questions.

What are the specifications of your iron ore?

Fe 61–62% (indicative), sulphur 0.50% max. subject to final SGS verification, and moisture 3% max. The ore is supplied as segregated lump (10–50 mm) and fines (below 10 mm). Full details are provided with the corporate offer.

What are the delivery terms?

FOB Mexico, on the Pacific coast: the buyer nominates the vessel and any destination port is possible. The full terms are confirmed in the corporate offer.

How is payment made?

Entirely bank-to-bank: no third parties, no intermediaries and full financial traceability. The payment instrument and the shipping documents (SGS report, certificate of origin, bill of lading) are handled exclusively through the banks.

What should the LOI include?

The LOI must come directly from the end buyer and identify the purchasing company, required quantity, destination and issuing bank. On that basis the seller evaluates the opportunity and decides whether to issue a soft corporate offer (SCO).

Next step

Send your LOI for Iron Ore.

LOI issued directly by the end buyer — purchasing company, quantity, destination and issuing bank. We reply once the seller has evaluated it.