PRIMARY Aluminium Ingots 99.7%
Specifications: As per A7 specifications.
Used Rail R50/65
Procedure :
- Buyer sends LOI
-Seller answers with FCO.
-Buyer receives FCO and sends LC draft from his bank to the buyer's bank.
-Seller prepares contract and issues Invoice(s) with company ID code .
- Buyer sends a non-activated LC in anticipation to receiving the proof of product( POP) and the performance bond (PB) 20% in favor of the buyer .
-Seller sends through his bank to the seller bank the PB operative only after LC is activated , together with the POP to the buyer's bank including :
a-certificate of ownership
b-certificate of origin
c-Quality and Quantity report from SGS .
d-photos and video for the needed steel .
e- formal invitation to the buyer's representative to visit the warehouses to view the needed steel .
f-Buyer bank activates the LC.
HMS 1/2 80/20
Heavy melting steel (HMS) or heavy melting scrap, is a designation for recyclable steel and wrought iron. It is broken up into two major categories: HMS 1 and HMS 2. The difference between the two is HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does.
Get in touch for pricing, be sure to include Spot or Contract and umber of months, also include target pricing.
