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.
Origin: Kingdom Of Saudi Arabia , Destination: Cif Answ, Quantity: Subsequent Deliveries Of 100, 000mt (+/- 5%) For (12) Months Period, Unit Price Cif: Usd$200/mt, Payement Terms: Irrevocable, Confirmed By 20top Bank, Non Transferable, Auto Revolving, Non Operative Dlc/mt700 With An Amount Equal To One (01) Month Shipment To Guarantee Payment. Seller Issues P.Pop And Pb10% To Activate Dlc. 100% Payable Via Swift (mt103/tt) Bank Transfer Within 2 Banking Days After Delivery At Port Of Destination.
Operational Working Procedure For The Required Product:
1. Seller's Mandate Issues Sco (done)
2. Buyer Issues Icpo + Company Profile + Clear Color Copy Of Passport+ Full Banking Information.
3. Seller Issues Fco
4. Buyer Contersigns Fco And Return It With Draft Dlc/mt700
5. Seller Issue Sales And Purchase Agreement (spa) Open For Amendment Buyer Returns To The Seller Countersigned (spa)
6. Seller Verifies And Signs Fina Contract And Forwards To The Buyer Via Official Email With Commercial Invoice
7. Within 02 Banking Days, Buyer Returns To The Seller Contersigned Commercial Invoice
8. Within Ten (10) Banking Days After Issuing Commercial Invoice, Buyer's Bank Issues Irrevocable, Non Transferable, Auto Revolving, Non Operative And Confirmed Dlc/mt700 With An Amount Equal To One (01)month Shipment To Guarantee Payment
9. Within Ten (10) Banking Days After Confirmation Of The Dlc/mt700, Seller's Bank, To Activate Dlc/mt700, Issues Operative And Confirmed Pb10% Of The Amount Of Montly Quantity Value With P.Pop And Authorization To Make Physical Visit.
10. Within 30 Banking Days After Activation Of The Dlc By Seller's Bank, Shipment Commences.
11. Buyer's Bank Releases The Payment By Mt103, Within 02 Banking Days After Receiving Full Documentation And Q&q Sgs At Discharging Port:
12. Within 02 Banking Days After Receipt Of The Payment Via Mt103, Seller Pays Both Side Mandates In The Transaction According Ncnda/imfpa And Subsquently Monthly Shipment Continues As Per Terms And Conditions Of The Sales And Purchase Agreement Contract Between Buyer And Seller.
Guidelines To Note When Preparing Documents Icpo:
1. The Icpo Must Be Addressed To End Seller
2. The Above Procedures Must Be Accepted And Incorporated In The Icpo Word For Word.
3. Expired Icpo Not Accepted. Maximum Validity Of Icpo Is 03working Days From Issue Date
4. The Letterhead Is Genuine, Check For Any Signs Of Cut And Paste Or Scan And Edit. In The Letterhead We Need Complete Company Name, Address, Phone Number, Fax Number And Email Address.
20119 Metal Scraps Suppliers
Short on time? Let Metal Scraps sellers contact you.
Origin: Malaysia
Load Port: Klang Port
Incoterms: CFR
Grade: ISRI CODE 200-206 (1& 2, 80:20)
Quantity: 500 - 2000 MT
Destination Port: Any India/Pakistan/Bangladesh/Korea/Taiwan
Payment: L/C at SIGHT 100% Confirmed
Packing: Loose
Weight: 25 MT per container
Shipping: Any Shipping Line (MBL/HBL)
Inspection: SGS or GeoChem at Seller's Option
Visit: Allowed once LC operative
Loading: within 7-10 days of LC operative and advised
HEAVY MELTING SCRAP
Origin: South Africa
Load Port: Any South African Port
Grade: ISRI Code 200 - 206
Quantity: 10,000 - 50,000 MT
Incoterms: CFR
Payment: Letter of Credit at Sight 100%
Destination: Any ASEAN Port
Packing: loose in 20' FCL
Shipping: any shipping line (HBL/MBL)
Loading: within 10-14 days of LC operative
Inspection: SGS, GeoChem or other
Visit: Allowed at time of loading
Photos:
HEAVY MELTING STEEL SCRAP
Origin: Poland
Load Port: GdaÅ?sk or other Polish Port(s)
Incoterms: CFR
Grade: ISRI CODE 200-206 (1& 2, 80:20)
Quantity: 500-2000 MT
Tolerance: +/- 10%
Destination Port: Any India/Pakistan/Bangladesh/Korea/Taiwan
Payment: L/C at SIGHT 100% Confirmed
Packing: Loose
Weight: 25 mt per container
Shipping: Any Shipping Line (MBL/HBL)
Inspection: SGS or GeoChem at Seller's Option
Visit: Allowed once LC operative
Loading: within 7-10 days of LC operative and advised
HMS is 'Heavy Melting Scrap'. It is the generic term for most types of heavy steel scrap, normally cut to a size not exceeding 1.5m x 0.5m. It may and will consist of cut lengths of pipe, re-bar, angles, steel poles, H or I beams, ships plate. HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap such as thin wall tubing (eg bicycle frames), sheet scrap less than 3.2mm thick and so on. HMS 2 may contain galvanized and blackened steel whereas HMS 1 does not.
HMS1 and HMS2 are normally sold together with a ratio of 80/20 (or similar) depending on the price, heavy and light. HMS is the worldwide description used.
COMMODITY: SCRAP METAL HMS1/2
QUANTITY: Min 1,000 MT per month x 12 Months contract, above 50,000 MT per month
ORIGIN/LOADING PORT: Africa, Middle East, Europe
PRICE: FOB/CIF prices available. Prices provided per current market conditions
TERMS OF PAYMENT: Irrevocable, non-transferable, 100% L/C, payable at loading port after inspection and shipping documents. TT, Bank Transfer depending upon supplier.
As an agent for major factory located in Saudi Arabia
We can ensure your order from Saudi Arabia per ton price 190 USD for contracts more than 5 million mt
And shipping per ton 28 USD
Steps
Purchasing request LOI with full order and delivery port and schedule
Then we send FCO
Ability to provide mt705
Then we provide a commercial bill to you for your bank to issue LC MT700
Signing contracts and start its terms
Thank you
Used rail r50-r65 / origin: canada-uk.- cis europe
Specifications and chemical composition: used rail: r50 (51.67kg/meter, gost 7173-55), used rail: r65 (64.72kg/meter, gost 8161-75). Size & weight: length: 12meter ~ 12.5meter maximum or less according to buyerâ??s instruction; width: 5.5 inches; weight: 64.72kg. No fishplates or steel pieces or bolts are attached to the used rails. All rails are clean and straight. No pitting. Only atmospheric rust.
Price 235 usd /mt
Payment: by dlc or sblc or irrevocable non-transferable documentary letter of credit payable 100% at sight
QUANTITY: Any to 600,000+ MT per month or spot purchase
ORIGIN: Russia, USA, Germany, Spain, Poland, Saudi, Romania, Saudi Arabia, South Africa etc...
scrap consists out of a mix of mill scrap (stampings, cuttings, bars, etc.), industrial scrap (nuts, bolts, misc. pieces, etc), auto and truck frames and bodies, railroad scrap (wheels, axles, parts of locomotives and carriages, etc.), ship scrap (fittings, plate pieces, parts), construction scrap (plate, bars, angle pieces, rods, steel pipe, etc.), and miscellaneous commercial scrap (appliance casings, frames and parts, etc.). non-metal impurities total of 1% (one percent) or less. all goods sold by theseller will also be totally free from any types of radiation, bombs, arms and ammunition, mines, shell, cartridges, sealed containers, gas cylinders, explosive shells or explosive materials in any form either used or otherwise as per the specification below:
hms 1- isri code 200: heavy melting steel. wrought iron and/or steel scrap ¼ inch or steel scrap ¼ inch and over in thickness. individual pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging.
hms 1- isri code 201: heavy melting steel 3 feet x 18 inches. wrought iron or steel scrap ¼ inch over in thickness individual pieces not over 36 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
hms 1- isri code 202: heavy melting steel 5 feet x 18 inches. wrought iron or steel scrap ¼ inch and over in thickness individual pieces not over 60 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
hms 2- isri code 203: heavy melting steel wrought iron or steel scrap, black and galvanized, 1/8 inch and over in thickness, charging box size to include material not suitable as no.1 heavy melting steel prepared in a manner to ensure compact charging.
hms 2- isri code 204: same as isri 203 but max size 36x18 inches.
hms 2- isri code 205: same as isri 204 but free of sheet iron or thin-gauged material.
hms 2- isri code 206: same as isri 204, but max size 60 x 18 inches
We offer three contract types:
1. Annual Contract
2. Spot Contract
Our company sell steel scrap pressed in machine to packages 600x700x1000mm
600kg each. For more please contact us by mail. We can send videos and photos of the creation process.
