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合同(steel)
CONTRACT
CONTRACT NO.
DATE:
SELLER:
BUYER:
Both Seller and Buyer have made this Contract through consultation. Seller has agreed to sell and deliver to Buyer and Buyer has agreed to purchase and take delivery of Iron Ore upon and subject to the following terms and conditions:
DESCRIPTION:
Name of Commodity:
Origin:
Packing: In bulk
Loading Port:
Discharge Ports: Main port, China
Insurance: To be covered by Buyer.
1. DEFINITIONS
The following terms shall, unless the context otherwise requires, have the meanings respectively assigned to them as follows:
1.1) “Dry Basis” refers to Iron Ore dried at 105 degrees Centigrade.
1.2) “Natural Basis” refers to Iron Ore in natural wet state.
1.3) “Dry Metric Ton” (hereinafter referred to as “DMT”) means a metric ton of Iron Ore dried at 105 degrees Centigrade.
1.4) “Wet Metric Ton” (hereinafter referred to as “WMT”) means a metric ton of Iron Ore in its natural state.
1.5) “Dollars” and “Cents” mean respectively dollars and cents in lawful money of the United States of America.
1.6) “Unit” means each 1% of Iron (Fe) in one DMT.
1.7) “CIQ” hereinafter refers to China Inspection Quarantine of the People’s Republic of China at Discharge Ports.
QUANTITY AND SHIPMENT PERIOD
Total Quantity: WMT+/-10 per cent shipping tolerance per shipment at Seller`s option
Shipment Period:
3. SPECIFICATIONS
3.1 The shipment of shall be guaranteed to conform to the following chemical and physical specifications on dry basis on its arrival at unloading port.
3.1.1
Chemical Specifications (on a dry basis)
Guaranteed
Fe % min
SiO2 % max
AL2O3 % max
P % max
S % max
Other metals %max
Free moisture loss (at 105oC) % max
Physical Specification(size on a wet basis))
Guaranteed
+31.5mm 25.00%
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