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General - Commodity Description: HMS-1 (Heavy) and Cast Steel Mixed Scrap Actual Retail Price is more than $460 USD Our Discounted Price is: $290 USD (Two Hundred Ninety US Dollar Only) per Metric Ton CIF Price. Delivery Terms: CIF With no Additional charges. Destination Port: To any accessible port as per as the buyers request. With no objection from the Sellerâ??s side on the delivery Port. In case that buyer would like to receive one of the shipments to a different port, Buyer has to notify the Seller before 10 (Ten)working days of the actual loading. Certificate of Quality issued by an independent surveyor or SGS at loading port. Clause 1 Scope of The Contract: 1.1 Buyer represents that it has the capability to purchase the commodity (POF + BCL have to be submitted). 1.2 The total quantity shall be delivered as of Two (2) Shipments contract Total of 100,000 MT. 1.3 The contractual quantity of the commodity sold and purchased under this agreement is One Hundred Thousand Metric Ton (100,000 MT). 1.4 Total Price of: $29,000,000 USD (Twenty Nine Million US Dollar Only) Two (2) Shipments - Which is payable through the DLC Each Shipment includes 50,000 MT. 1.5 Administrative Process (Fee) as of 1% as total for the NOC under the Buyers License, Exporting Permission, Legal Documents, and Commercial Invoice Approved by the Chamber of Commerce for the Buyers Bank to process the required for the Documentary Letter of Credit (DLC). 1.6 For the first transaction of the (1%) Admin Fee: $290,000 USD (Two Hundred Ninety Thousand US Dollar Only) at the first stage it has to be processed upon confirming the purchasing agreement, which is payable as per as the Following: A. $290,000 USD (Two Hundred Ninety Thousand US Dollar Only) which is payable at 14th of October, 2021 (upon confirming the purchasing agreement Clause 2 Commodity Description: 2.1 HMS1 Heavy Steel and Cast Steel
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