Grade — Mid-Range Iron Ore

60% Fe iron ore

A 60% Fe cargo is judged by where it lands inside the blend window your plant actually runs — not by the figure on the assay line. Two offers stating the same iron content can carry different amounts of useful iron per delivered tonne once moisture, basis and gangue are accounted for.

This page is built to place an offer against your window and your contract basis, so a mid-range figure is assessed on what it delivers rather than on how it sounds. A 60% Fe figure is a nominal assay, not a description of how a cargo behaves in a blend. Two lots stating the same iron content can differ in moisture basis, gangue composition, sizing and sampling, and can therefore carry different concentrations of useful iron per tonne delivered. Compare offers on the basis the contract is written on, not on the headline number alone.

Price on request. No assay, price, freight or blend result is asserted on this page.

The figure is nominal; the basis is not

The iron figure tells you what share of a tested portion was iron. It does not tell you whether the tonne is wet or dry, which gangue components travel with it, how it is sized, or how it will behave where you intend to run it. Those are separate fields, and each one can move the comparison.

What a 60% figure establishes

One field of many, and not the one that decides the blend

An assay figure answers a single question. The rest of the comparison lives in fields that are reported separately — or not at all.

What the iron figure gives you

  • The share of iron in the portion that was tested.
  • A starting point for gauging which band the cargo sits in.
  • A field that can be compared — once the method behind it is the same.

What it leaves to other fields

  • Whether the tonne is quoted wet or dry, and on what moisture basis.
  • Which gangue components travel with the iron, and in what ratio to each other.
  • How the material is sized, and which route it can enter.
  • How it behaves in a blend — which no single lot's certificate answers.

The practical consequence: a 60% figure is not interchangeable with a 58% or 62% figure, and a higher figure is not automatically better or more valuable. Substitution is a question about your window and your contract basis — the headline number alone cannot settle it either way.

Sample containers and a sieve set used to prepare a test portion, the step that decides what an assay figure actually describes.
An iron figure describes the portion that was tested. How that portion was taken, sized and prepared is what makes the figure comparable to another.

Blend envelope worksheet

Place an offer inside your window, then compare on contained iron

State the range your plant accepts, then enter two offers. The worksheet shows where each sits against your window, and — only where both state a mass basis — their cost per unit of contained iron on a common footing. Nothing is supplied by the page; every figure is yours.

Your blend window

Entered as percentages, e.g. 60.0. The window comes from your own acceptance schedule — the page supplies no default.

Offer A
Offer B

Nothing is pre-filled. Results appear only where the figures entered are sufficient to compute them.

Nothing entered yet

No reading is shown because nothing has been stated. Start with your blend window, then the offers you want measured against it.

Method and limits

  • No price, freight figure, assay, moisture or blend result is supplied or defaulted here.
  • Cost per unit of iron compares figures on a stated basis. It does not judge whether a cargo suits any process.
  • Nothing entered is stored or transmitted until you choose to send it.

Fit and alternatives

When a mid-range band fits, and when the decision is elsewhere

A band step is only one kind of substitution. Where the form or the preparation state is what your process constrains, the grade question is the wrong one to be asking.

Bulk ore material laid out for inspection, the point at which an offer's stated figures are checked against what was sampled.
Two offers at the same nominal figure are not the same material. The differences live in the fields the headline number does not carry.

Procurement navigator

Where the cargo is going

The delivery place and the term that reaches it change the documents and the handling. Open the market you are actually shipping into.

Bulk material handling equipment, the stage where a documented moisture and sizing figure meets the conditions it was not measured under.
What was determined at sampling is what the documents carry. It is not necessarily what arrives, which is why the basis belongs in the contract.

Buyer FAQ

Questions that come up when mid-grade offers are compared

These are the points blend planners raise when two offers at similar figures are on the table and the paperwork is not written the same way.

Is a 60% Fe cargo interchangeable with a 58% or 62% cargo?
No, and the headline figure is the wrong field to judge it on. Offers differ in the analytical method behind the figure, the mass basis the moisture is quoted on, which gangue components are reported and whether they are reported separately, the sizing, and the sampling standard behind the certificate. Two lots at different nominal figures can still be closer to each other in delivered useful iron than two lots at the same figure. Substitution is a question about your blend window, not about the number.
Does a higher Fe figure always mean a better or more valuable cargo?
No. Value depends on what the cargo does in the blend you are actually running, and on what you pay per unit of useful iron delivered. A higher iron figure carried with a high moisture content, an inconvenient sizing, or unfavourable gangue can be worth less to a particular plant than a lower-figure lot that suits the window. That is why the comparison belongs on a common basis rather than on the assay line.
Why does the moisture basis change the comparison so much?
Because the price you pay is usually quoted per tonne of material, while the iron you receive is a share of what is inside it. If one offer is quoted per wet tonne and another per dry tonne, the same headline price buys different amounts of iron, and at bulk volume the gap is material. Before two offers can be placed side by side, both need to state whether the tonne is wet or dry — and the moisture figure needs to be on the same footing as the iron figure.
What should a 60% Fe enquiry state to be answerable?
The blend window the plant actually runs, including the range it accepts and whether each edge is inclusive; the basis the contract will be written on for iron and for moisture; which gangue components your process constrains and at what level; the sizing and the route the material enters; the sampling and preparation standard behind any certificate; and the quantity, schedule, delivery destination and shipment terms. Stating the window matters more than stating a preferred grade, because it is the window the offer is judged against.
What does cost per unit of contained iron tell me that the Fe figure does not?
It puts offers on a comparable footing by dividing the price you would pay by the iron you would actually receive, once moisture and basis are accounted for. It does not settle the purchase on its own — gangue, sizing and blend fit still decide whether a cargo can run — but it stops a higher assay from looking automatically cheaper when it is not. Neither figure tells you anything about blend performance, which only testing against your own circuit establishes.

Qualified enquiry

Send the window and the basis, not just a grade

Attach the blend envelope record or state the fields directly. The commercial desk responds against the window and basis you set, so what is missing is visible on both sides.

Send this requirement

Attach the blend envelope record or state the fields directly. Nothing is pre-filled.