Jindal shadeed iron & steel is planning to have an online auction on 10.11.2017 (Friday) between 15:00:00 to 16:00:00 hrs India time for the export of iron ore pellets.
Details are given in PART-I & PART-II below.
PARTI: OUR OFFER
Commodity: Iron Ore Pellets
Producer: Jindal Steel & Power Ltd.
Shipper: Jindal Shadeed Iron & Steel LLC
Quantity: 30,000 WMT (+/-10%)
Laycan: 01.12.2017 – 10.12.2017
Latest Date of Shipment: 20.12.2017
Load Port: Sohar Port, Oman
Discharge Port: Main Port(s), China
Payment Term: LC from a first class bank payable 100% based on load port reports/certificates
Specifications: Chemical Properties
Fe : 64.00% Min
SiO2 : 3.75% Max
Al2O3 : 3.09/o Max
S : 0.0079/o Max
P : 0.07% Max
CaO : 1.00% Min
MgO : 0.08%. Min
H2O : 59/o Max
Physical Properties:
Size: 5-18mm : 92%. Min
Size: -5mm : 5% Max
Size: +18mm : 3% Max
CCS : 210 Kg/Pellet Min
Tumble Index : 90% Min
Abrasion Index: 5% Max
Bulk Density : 2.06 T/M3 Min
Porosity : 21%. Min
PART-II: HOW TO PARTICIPATE AND BID
Website: Open the website www.jsplSales.com.
Internet Browser: Use Firefox or Chrome or Internet Explorer to open the website.
Portal Login: A system generated mail has been sent to all registered bidders. In case you haven’t received the Same, kindly login using “your email ID” as user id and ‘admin’ as password.
Terms & Conditions: Please accept Terms & Conditions after you log in otherwise system will not allow you to submit bid. You will find Iron Ore Pellets related Terms & Conditions (also attached with this mail) at the end of document. Proceed by accepting the same.
Finding Auction for Iron Ore Pellets: After login, you may find the auction under “Live Auctions’ or “Today’s Auctions”. Look for auction related to “Iron Ore Pellets’.
Auction Timings: Between 15:00:00 to 16:00:00 hrs India time on 02.11.2017.
Time Extension: The closing time of auction shall be auto extended by 5 mins if any new bid is received within 1 min before the closing of auction. e.g. If a bidder submits a bid between 15:59:00 hrs to 15:59:59 hrs then the auction time shall be extended by 5 mins till 16:05:00 hrs. Number of extensions are unlimited.
Price Bid: Bid price shall be in USD PER DMT CFR FO. ONE MAIN PORT. CHINA. Kindly Submit your price accordingly. If the winning bidder wants to take material to counties other than China, then ocean freight amount shall be discussed and mutually agreed after the
auction.
Note: All bidders are requested to login and check website in the morning hours on the auction day. It would help both of us in resolving system related issues Well before the auction. Kindly ignore System generated terms and conditions which you might have received and please follow this auction notification mail and terms and conditions.