USED RAIL PROCEDURE Loading Port: Jeddah Port
MOQ: 30,000 tons per month x 12 month contract, pricing: $290 USD per ton
Offer 1: 50,000 tons per month x 12 month contract, pricing: $275 USD per ton.
Offer 2: 100,000 tons per month x 12 month contract, pricing: $255 USD per ton.
Current Pricing, subject to change
Process Flow:-
1. Buyer issues the LOI and other docs.. Documents required along with LOI.... BCL (MT705-draft LC), registration copy, Passport copy of the person singing the LOI
2. Seller issue official commercial offer.
3. Seller sends the invoice + signed and stamped contract to the buyer.
4. Buyer issues pre advice including all terms and conditions through confirmed bank swift to the sellerâ??s bank.
5. Seller confirmed the pre -advice swift.
6. Buyer issues ICPO and DLC as SPA.
7. Shipping starts within 7 days of confirmation by DLC as per SPA.
8. Seller provides all shipping documents as per SPA for opening the DLC and sending it to the buyer.
9. SGS or equivalent at discharge port for quantity and quality at sellerâ??s expense.
10. After the inspection is performed, the goods are received; the documents are signed and delivered to the buyer to release shipping value.
Performance Bond: The seller commits to release 2% of the value of the shipment as bank guarantee to the buyer bank after receiving DLC bank.
Mode of Payment: MT700.
Important note: Once the discussion is done with the buyer and buyer is ok with the ð???SOP,
Seller's registered vendor will share the address for LOI along with details of documents that need to be furnished to line up a Table / Zoom meeting between the buyer and the registered vendor from the seller's side.
Other details:
Photos: Yes ready to load cargo photos.
Length: 80cm to 90cm.
Shipment: Bulk break ship.
Loading Port: Jeddah Port
HS Code 73021090 PRICE = US$ 250 CIF ORIGIN: SOUTH AFRICA MIN ORDER: 200 TONS PACKAGE: CONTAINERS Standard & Grade 100% Used Rail (R50-R65) with specifications as per mentioned below:. CHEMICAL COMPOSITION: C 0.54 0.82 Si 0.18 0.40 Mn 0.60 1.05 S 0.04 max P 0.035 max As 0.01 max of Mass share Norms R-50 GOST-7173-75 and R-65 GOST-8165-75 R50 (51.67 KG/M) GOST 7173-75 R65 (64.72 KG/M) GOST 8165-75 These scraps consist of R50-R65 of Rails as R50 (51.67Kg/M Gost-7173-75), R65 (64.72Kg/M Gost-8165-75) According to Incoterm 2000. The Rails shall conform to ISRI CODE R50-R65 and will be Used Rail Steel Scrap- Standard section Rails. Materials will be, free from Mud, Dust, Fluff, Non-Ferrous inclusion, excessive rust, and other impurities. Free from any substance and coatings any organic waste and other harmful substances. Dirt, Dust Rust fluff and other immunity not allowed.
Used rails are a sustainable and affordable option for rail projects. They are made from high-quality steel that has been recycled from old railway tracks. Used rails are often available at a fraction of the cost of new rails, and they can be reused to create new tracks or to repair existing tracks.
Product descriptions from the supplier Used Railway Steel the minimum order is 24 tonnes, and we always have a healthy amount of stock available for you to choose from. We can provide both heavy and light gauge railway line, which have multiple uses for our customers. The salvaged steel can be re-used many ways, including: Cattle grids Rural fencing Relays for light or heavy gauge rail Road barriers Retaining posts Smelting Trellis Posts/Stakes for Vineyards Crab Pot Weights We are operate in the supply of Metal Scrap of various kinds; HMS 1 & 2, AC/ Fridge Scrap, Engines Scrap, Battery Scrap, PVC Scrap, HDPE, LDPE and other Metal scrap from wide range extraction materials. Chemical Composition of the steel scrap is of international standard as follow: MN: 0.60 1.05; C: 0.54 0.82; Sl: 0.18 - 0.12; S: 0.04 Max; P: 0.035 max. MOQ contact: Used rails R50-r65 15,000mt x 12 months MOQ contact: HMS1/2 15,000mt x 12 months C 0.54 â?? 0.82 Si 0.18 â?? 0.40 Mn 0.60 â?? 1.05 S 0.04 max P 0.035 max As 0.01 max of Mass share Norms R-50 GOST-7173-75 and R-65 GOST-8165-75 R50 (51.67 KG/M) GOST 7173-75 R65 (64.72 KG/M) GOST 8165-75
Used Rails R50 - R65 Chemical Composition Used Rails; C: 0, 54 - 0,82 Si: 0,18-0,40 Mn: 0, 60-1, 05 S: 0.04 max P: 0,035 max As.: 0, 01 max of Mass share Norms: R-50 GOST7173-75 and R-65 GOST-8165-75 The scrap consists of R-50 (51, 67 kg/m) R-65 (64,72 kg/m) Used Rail ISRI 27-29 ISRI-CODES; (27) Rail, Steel No.
- Used Rail STEEL in stock - R-50/R-65 Procedure 1. Buyer shall issue LOI(Letter of Intent) to Seller 2. Seller shall issue SCO(Soft Corporate Offer) to Buyer and Buyer shall issue ICPO(Irrevocable Corporate Purchase Order) to Seller when it is accepted. 3. Buyer shall issue MT705 or the attached BCL(Bank capability Letter) through their bank to prove the bank capability. 4. ICPO shall be written with Buyer companyâ??s letterhead, and include Buyer banking information and representativeâ??s passport copy 5. Seller shall issue to Buyer the draft of SPA(Sales and Purchase Agreement) together with IMFPA(Non-Circumvention, Non-Disclosure Agreement) & NCNDA(Irrevocable Master Fee Protection Agreement) and all of agreements are signed(Sealed,Endorsed) together when both agree. 6. Buyer shall issue the MT700, 100% Irrevocable At sight L/C (Letter of Credit) through the bank SWIFT for the full value of the commercial invoice. 7. Seller's bank shall issue PB(Performance Bond) equivalent to 2% of the value of the L/C to the buyerâ??s bank after Sellerâ??s bank approves the L/C. 8. The delivery schedule of the signed SPA (contract) shall keep on time and shipment shall arrange as soon as possible. Buyer can check and get the followings once the BCL(proof of bank capability) and MT700 are transferred and confirmed through the bank SWIFT system.. Seller's business license Manufacturer Export license Certificate of ownership Certificate of Origin Certificate of Export Permission Proof of Product Certificate of Chemical Composition SGS report for technical specification test Ownership transfer Sight Inspection for Seller's Warehouse Any of additional documents shall be exchanged only through the secured Bank channels(Bank SWIFT) such as MT700 or MT705. If you are a real buyer, feel free to contact me. The seller has 5 million tons in stock.