Iron ore sourcing and trading

Iron ore is the primary raw material of steelmaking, and it is the largest dry bulk commodity moved by sea. ROXAY Trading sources and trades iron and iron ore for mills, industrial consumers and importers.

Grade decides everything

Iron ore is not a single product. Its value and its usability are set by a short list of variables:

• Fe content — the iron percentage, and the headline figure in any offer.
• Impurities — silica, alumina, phosphorus and sulphur, each with its own tolerance in the furnace.
• Sizing — fines, lump or pellet, which determines how the material can be charged.
• Moisture — affecting both shipped weight and handling.

A mill’s specification is a combination of these, not a single number. Two cargoes with identical Fe content can behave very differently once impurity levels diverge, which is why ROXAY qualifies supply against the full specification rather than the headline grade.

What buyers are actually managing

A steel mill is running a process that is expensive to interrupt and expensive to restart. Its sourcing priority is therefore continuity and consistency: material that arrives when expected and behaves the same way each time.

That makes reliability of arrival a genuine commercial variable rather than a courtesy. A cargo that lands two weeks late against a furnace schedule costs more than the discount that made it attractive.

What a buyer needs to define

Fe range and impurity limits, sizing, volume per shipment and whether the requirement repeats, discharge port, and the preferred Incoterm. Where independent inspection is required, the point and method should be agreed before the contract is signed rather than after loading.

How ROXAY handles an iron ore trade

We qualify sources against the stated specification, structure the commercial terms, agree the inspection and documentation sequence, and coordinate delivery against the applicable Incoterm.

Origin countries, mines, suppliers and routes are not published.