TSI 62% Fe CFR China
Iron Ore — grades, benchmarks and payable terms
KWE Metals ships magnetite, hematite and siderite from Central American ground. Iron ore is a volume business, so terms are built around tonnage, iron content, silica and alumina penalties and freight.
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Iron ore is priced from the TSI 62% Fe CFR China index, with grade adjustment up or down from the 62% base and penalties for deleterious elements.
Specification
- Products
- Magnetite, hematite, siderite, run-of-mine lump and fines
- Typical grade
- Quoted as % Fe with SiO2, Al2O3 and P reported
- Packaging
- Bulk stockpile loading, containerised for trial cargoes
- Payable basis
- Grade-adjusted TSI 62% Fe index, CFR or FOB by agreement
Grade adjustment explained
The 62% Fe index is a base, not a price. Material above 62% earns a premium per iron unit and material below it takes a discount, then silica, alumina and phosphorus penalties apply. We publish those figures before terms are struck.
Trial cargoes
New buyers usually start with a containerised trial parcel so they can run their own assay and metallurgical checks before committing to bulk tonnage.
Iron Ore questions we are asked
- What iron ore grades do you ship?
- Magnetite, hematite and siderite parcels quoted on actual % Fe with the full impurity suite reported.
- Do you sell in containers or bulk?
- Lot enquiries, assays and offtake terms: +1-844-593-4766, Monday to Friday 9am–5pm EST, or the enquiry form on our homepage.