We confirm with full Corporate authority that it is out intention to sell the commodity HMS1 & 2 as per the terms and condition given below :- 1. Commodity : HMS 1 AND 2 2. Specification : ) HMS 1 AND 2 steel shall be considered free of alloys when the residual alloying elements do not exceed the following percentages: percent Nickel 0.45 Chromium 0.20 Molybdenum 0.10 Manganese 1.65 The combined residuals other than manganese shall not exceed a total of 0.60 percent.