Chemical composition of the steel scrap is of international standard as
follows; MN: 0.60 1.05; C: 0.54 O.82; SI: 0.18 â?? 0.12; S: 0.04 Max; P: 0.035
Max;
We are located in Southern California which is near to Los Angeles port and Long Beach port, California USA. Inland Tek Inc. is an export and import company specializing in trading between North America (primarily USA), South Asia (Bangladesh, India, and Pakistan), and Middle East. Primarily we deal with metal scraps like Ferrous (HMS 1&2) and nonferrous (Copper & Aluminum), Jet fuel, Diesel Gas D2 and Jute products
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.
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.
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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
HMS1&2 --scrap consists of mill scrap, industrial, auto and truck frames and bodies, railroad scrap, ship scrap, construction scrap and misc commercial scrap.
Bulk, loose minimum order 30, 000mt monthly x 12, or by spot.
