Trade Finance
Sell Iron Ore Securely: Reach Verified Steel Mills and Traders
Lodfy Team·7 min read·

Sell Iron Ore Securely: Reach Verified Steel Mills and Traders
Producers who want to sell iron ore securely need direct access to verified iron ore buyers — steel mills, integrated traders and end-buyers — not endless chains of unverifiable brokers. Lodfy gives miners and exporters a trusted iron ore market with KYB-screened counterparties.
Challenges for iron ore sellers
- Fake LCs and POF from buyers with no real steel-mill backing.
- Broker daisy chains that erode your margin and hide the real end-buyer.
- Heavy KYB workload when vetting international mills manually.
- Sanctions risk from indirect ownership ties on the buyer side.
How Lodfy supports KYB for iron ore sellers
- Verification of iron ore buyers — full KYB on company, directors, UBOs and bank references.
- LC and Proof of Funds validation against issuing banks.
- End-buyer disclosure so you see who actually receives the cargo.
- Sanctions screening on every counterparty before contracts are signed.
What iron ore sellers gain
- Direct access to verified steel mills and integrated traders.
- Protection against LC fraud and broker-chain collapse.
- Higher margin retention with shorter, transparent deal chains.
Get verified to sell iron ore globally
Join the trusted iron ore market on Lodfy. Start seller verification or view export plans.