Name of Commodity: Fe 64.5% Guaranteed Minimum (Rejection below Fe 64%) Chemical composition (on dry basis): Fe: 64.50% basis (Rejection < 64%) SiO2: 3.50% max Al2O3: 3.00% max Phosphorus: 0.05% max Sulphur: 0.05%maxAllowable moisture: 8.00% max Free moisture loss at 105 Degrees centigrade: 10% maximum in rainy season Physical composition (On Wet Basis): Size Above 0-10 MM =10 % MaximumBelow 10 MM = 10 % Minimum Below 0.15mm (150 microns) = 90 % maximum Payment: LC at sight with 98+2% or Usance LC with 100% payments after 30 days BL date. Origin: Brazil Port of Loading: Misurata (Libiya) Quantity: 40,000 x 3 per month