GLOBAL MARKETING IRON ORE

SSS Ltd.
We, SSL Limited, are an iron ore mining, processing company with 15 years of experience with us. We have been mining in Goa, India for the past years and have recently acquired new mine in Orissa.

Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. Types of iron ore MAGNETITE,HEMATITE,GOETHITE,LIMONITE. Hematite is the best iron ore which is used in iron and steel industry

Uses
98% of iron ore is used in Steel industry Steel is used for: Construction of roads, railways, buildings, modern structures like stadiums and skyscrapers. Main material for car bodies Shipbuilding,pipeline transport,mining,office furniture.

Why Export?
More than 70% of Orissas iron ore production is in the form of fines having limited domestic demand

China
China continues buying iron ore outside mining giants Economic growth slows down worldwide, China performs well Rapid growth of Urbanisation

Economy
Worlds second largest economy GDP (PPP): $10.1 trillion Unemployment: 4.3% Inflation: 3.3% FDI Inflow: $105.7 billion Top income tax rate is 45 percent Top corporate tax rate is 25 percent. Other taxes include a value-added tax (VAT) and a real estate tax. The overall tax burden is equal to 17.5 percent of total domestic income.

 FDI accounts for 27% of the value added production, 4.1% of national tax revenue, and 58% of foreign trade. China is increasingly affording foreign companies and foreign investment enterprises established in China similar rights an privileges as Chinese domestic companies Inadequate transportation, communication, and energy resources. Large amount of money spent on improving infrastructure China stands at 60 in the ranking of 183 economies on the ease of trading across borders

Legal
Chinas weak judicial system - Highly vulnerable to political influence and corruption. All land is state-owned. Individuals and firms may own and transfer long-term leases that are subject to many restrictions. Intellectual property rights are not protected effectively, and infringements on copyrights, patents, and trademarks are quite common. High corruption severely affect banking, finance, government procurement, and construction.

Key legal/regulatory challenges in China Bureaucracy (74%) Unclear regulatory environment (72%) Lack of government transparency (67%) Tax administration (66%) Customs clearance delays (62%) Customs and trade regulations (61%) Difficulty enforcing contract terms (61%) Obtaining required licenses (58%) Difficulty in litigation (50%) Legal restrictions on market access (49%)

Business Culture
Foreign investors need to be respectful when talking to the Chinese during business meetings Able to communicate and negotiate with the locals Very concerned about building up good relationships with their partners and clients Chinese prefer face-to-face meetings rather than written or telephone communication Set up appointments one- to-two months in advance and preferably in writing Chinese view punctuality as a virtue

Indo-China Trade Relations

Most Favored Nation Treatment Agreement to avoid double taxation Initiation of the border trade between Tibet and India through NathuLa Pass Development Banks from BRICS signed: Master Agreement on Extending Credit Facility in Local Currencies BRICS Multilateral Letter of Credit Confirmation Facility Agreement Targeted trade flows of $100 billion by 2015 from $75.5 billion now Indian exports to China are ores, slag and ash, iron and steel, plastics, organic chemicals, and cotton

MEDIUM GRADE IRON ORE MINES

CHEMICAL ANALYSIS FE SILICA ALUMINA PHOSPHORUS SULPHUR 63.50/63.00% 6% 3% 0.05% 0.02%

MOISTURE

8.00%

HIGH GRADE IRON ORE FINES

CHEMICAL ANALYSIS FE 65.00/64.00%

IRON ORE CONCENTRATE

CHEMICAL ANALYSIS FE SILICA ALUMINA PHOSPHORUS SULPHUR MOISTURE 65.00/64.00% 3.50% 2.00% 0.05% 0.02% 8%

SILICA
ALUMINA PHOSPHORUS SULPHUR MOISTURE

4%
2% 0.05% 0.02% 8.00%

Product specifications
Decrease the impurity levels Export iron ore in the form of fines Keep the fe content 63+ which is a quality feature for steel producing companies. Best quality iron ore from good Indian mines. High grade iron ore