IRON ORE TRADING · GLOBAL MARKETS
Global Iron Ore.Principal to Principal.
Meridian Mercantile Group is a specialist iron ore intermediary connecting verified principal sellers in Brazil, Chile, Egypt, Laos, Mexico, Peru, the Philippines, South Africa, and Venezuela with qualified steel mill offtakers worldwide — operating with precision, discretion, and zero tolerance for unverified counterparties.
Fe 62%+
Minimum Grade Standard
50,000 MT
Minimum Monthly Volume
9 Origins
Verified Supply Regions
SGS / BV / CCIC / CIQ
Third-Party Inspection
A specialist intermediary built for serious principals
Verified Origins
All supply relationships are held directly with verified principal producers. No sub-mandates, no unconfirmed intermediaries in the supply chain.
Certified Quality
Every shipment is independently assayed by SGS, Bureau Veritas, Intertek, CCIC, or CIQ at the load port. Full documentation package issued with each consignment.
Structured Process
From SCO to Bill of Lading, each step of the transaction follows an agreed, transparent timeline — no surprises, no deviation from commercial norms.
MINERAL LUMPS
MINERAL FINES
LOAD PORT
SOURCE ORIGINS
Producing regions,
verified supply
Brazil
Minas Gerais & Pará
World-class hematite fines and lumps from established Quadrilátero Ferrífero and Carajás basin producers.
Fe 62%+ · Fines & Lumps
Mexico
Colima & Jalisco
Pacific coast hematite ore — fines and lumps — ideally positioned for Asian steel mill delivery on CIF terms via Manzanillo and Lázaro Cárdenas.
Fe 62%+ · Fines & Lumps
Peru
Arequipa & Ica
High-grade iron ore fines and lumps from licensed Andean processing facilities, exported via Pacific ports.
Fe 62%+ · Fines & Lumps
Venezuela
Bolívar State (Guayana Region)
One of the world's largest iron ore reserves, centred on the Cerro Bolívar and San Isidro deposits. High-grade hematite fines and lumps exported via Puerto Ordaz on the Orinoco River.
Fe 62%+ · Fines & Lumps
Laos
Savannakhet & Xieng Khouang
Emerging iron ore producer with active export licensing. Strategically positioned for regional supply to Vietnamese and Chinese steel mill offtakers.
Fe 62%+ · Fines & Lumps
Chile
Atacama & Coquimbo
High-grade iron ore from the Atacama and Coquimbo regions — among the world's most mineral-rich corridors. Exported via Pacific ports with established logistics to Asian and European steel mill offtakers.
Fe 62%+ · Fines & Lumps
Philippines
Surigao & Mindanao
Laterite and direct-shipping iron ore from the Surigao del Norte and Mindanao regions. Well-positioned for short-haul delivery to Chinese and East Asian steel mill offtakers.
Fe 62%+ · Fines & Lumps
South Africa
Northern Cape (Sishen / Khumani)
Premium hematite ore from the Northern Cape's Sishen and Khumani deposits — among the highest-grade iron ore reserves globally. Exported via Saldanha Bay port with established bulk logistics.
Fe 62%+ · Fines & Lumps
Egypt
Eastern Desert (Bahariya / Wadi Karim)
Iron ore from Egypt's Eastern Desert mining corridor, including the Bahariya and Wadi Karim deposits. Strategically located for supply to Mediterranean, Middle Eastern, and South Asian steel mills.
Fe 62%+ · Fines & Lumps
Ready to establish
supply?
We respond to all verified principal enquiries within 24 hours. Minimum 50,000 MT per month. FOB and CIF terms available across all origins. LC at Sight and DLC accepted.
HOW WE OPERATE
Full Process →A structured process,
every time
Soft Corporate Offer
Seller issues an SCO outlining product specification, origin, volume, indicative pricing, and proposed commercial terms.
LOI & CIS Submission
Buyer issues a formal Letter of Intent (LOI) with Client Information Sheet (CIS) and provides issuing bank details.
SPA Execution
Draft Sales & Purchase Agreement issued, reviewed, and executed by both parties under English law.
LC & Shipment
Proforma Invoice issued, MT799 pre-advice transmitted, Irrevocable LC / DLC issued, and cargo shipped with full POP documentation.
All transactions are governed by English law. Disputes resolved by ICC arbitration in Singapore or London. Pricing based on Platts IODEX or agreed fixed price, quoted in USD per dry metric tonne (DMT).
QUALITY ASSURANCE
Independent inspection at
every load port
No shipment leaves a load port without independent assay and weight certification from a globally recognised inspection body. The final Certificate of Quality governs the commercial invoice — not the seller's declaration.
Sampling and analysis follow ISO 3082 and ISO 9516 protocols. All certificates are issued in English and presented as part of the full shipping document set within 21 days of the Bill of Lading date.
SGS
Société Générale de Surveillance
World's leading inspection and certification company. Operates in 140+ countries.
Bureau Veritas
Bureau Veritas Group
Global leader in testing, inspection, and certification. Independent quality and weight assay.
Intertek
Intertek Group plc
Total Quality Assurance provider. Comprehensive minerals testing and pre-shipment inspection.
CCIC
China Certification & Inspection Group
State-owned inspection authority recognised for iron ore imports into China. Certificates accepted by all major Chinese steel mills and port operators.
CIQ
China Inspection & Quarantine
Official Chinese government inspection and quarantine body. Required for all iron ore shipments entering Chinese ports.
Detailed assay reports, SGS/BV/Intertek/CCIC/CIQ certificates, and load port documentation are available to verified principal buyers upon request prior to transaction commencement.
COUNTERPARTY POLICY
Who we
work with
Meridian transacts exclusively with verified principal buyers. Every counterparty undergoes full KYC, AML, and sanctions screening before a transaction commences. We do not engage with unverified intermediaries, sub-mandates, or broker chains.
Submit Enquiry →All enquiries are treated with strict commercial confidentiality. We do not share buyer or seller information with any third party under any circumstances.
Steel Mills & Smelters
Direct end-users with verified production capacity and a demonstrable requirement for iron ore at the stated volume. Board-authorised purchase orders required.
Verified Principal Buyers
Entities purchasing for their own account, not on behalf of an undisclosed third party. Full corporate documentation and proof of funds required prior to FCO issuance.
Mandated Representatives
Accepted where the mandate is direct, documented, and the principal is disclosed and verifiable. Sub-mandates and chains of intermediaries are not accepted under any circumstances.
Minimum 50,000 MT/month
All transactions are subject to a minimum monthly volume of 50,000 dry metric tonnes. Enquiries below this threshold will not be progressed.
KYC & AML Compliant
All counterparties are screened against OFAC, EU, UN, and UK sanctions lists. We comply with FATF recommendations and applicable anti-money laundering regulations.
Prime Bank Payment
LC instruments must be issued by a bank rated A- or above (S&P / Moody's). We do not accept LCs from unrated, sub-investment-grade, or sanctioned institutions.
GET IN TOUCH
Submit an
Enquiry
We welcome enquiries from verified principal buyers of iron ore. Minimum 50,000 MT per month. All communications are treated with strict commercial confidentiality.
Response Time
All verified principal enquiries responded to within 24 hours
Incoterms
FOB · CIF · CFR
Payment Terms
LC at Sight · DLC
Origins
Brazil · Chile · Egypt · Laos · Mexico · Peru · Philippines · South Africa · Venezuela