Product: HMS 1&2 (90/10)
Origin: Republic of the Philippines.
Minimum Order Quantity (MOQ): 10,000 MT monthly for a 1-year contract.
FOB Price: 325 USD/MT.
Payment terms: Bank transfer MT103, 50% after the inspection by the buyer or an inspection company representing the buyer, and 50% against the Bill of Lading (BoL) copy.
The buyer can send the LOI with his letterhead addressed to GREENBOX GROUP SG, with attention to Mr. Luis Neto, with the exact terms of this SCO, together with the buyer's CIS/KYC and company registration.
Commodity: Used Rail Scrap cut length 1 - 1.5 Meter. (Only for the Market of India and Pakistan).
Specification: As outlined in the attached technical specification document (Appendix 1).
Initial Quantity Trial: 10,000 MT.
Contract: Minimum of 10,000 MT monthly x 12 months.
Origin: Turkey.
Loading port: Izmir port, Turkey.
Contract: One trial shipment followed by a 12-month agreement, renewable for the same period.
Packing: Container or Bulk shipment as per buyers requirement.
Insurance: 110% of 1 (one) month value of goods.
Price: 350 USD per MT, CIF India and Pakistan.
Inspection: SGS or equivalent.
Payment terms: DLC MT 700 (Operative & Transferable) as payment guarantee (collateral) and bank transfer MT103 payment after inspection (at sellers cost) at the loading port.
Incoterms: CIF Incoterms 2020.
Shipping Marks: As per buyers requirements.
The buyer can send the LOI with his letterhead addressed to GREENBOX GROUP SG, with attention to Mr. Luis Neto , with the exact terms of this SCO, together with the buyer's CIS/KYC and company registration.
