- 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.
Rail Scrap: R50/R65 MOQ: 1000
Here is the soft offer of the Used Rail as below Product Name: Used Rail Quantity offered : Trial Qty of 5000MT~10KMT and 50k MT Per Month ~ 500k MT per monthly Quantity Required : 5000 Metric Ton/Metric Tons~10,000MT(sample) offer Price: 230$ per MT CIF included 5$ per MT of buyer side commission Shipping Terms : CIF Destination Port : ASWP, Payment Terms : SBL/C (MT760) or BG&LC(MT700) If buyer accept this offer, Hope to get the ICPO (or LOI) with Bank information and NCNDA+IMFPA signature on kohyoun2@gmail.com, then seller can send the Contract Draft and NCNDA+IMFPA counter signature Note:length of Used Rail: Not Cut and 75cm or 1.5m
