As per your request for the Used Rail- Second Quality. We hereby issue an offer with the following terms and conditions.
1 Commodity: Used Rail Second Quality
2 Origin: Saudi Arabia
3 Contract Quantity: 2,100,000 Metric Tons (MT)
4 Contract Term: 12 Months
5 Monthly Quantity: 175,000 Metric Tons (MT)
6 Provided Length: 1.00-1.50 Metres
7 First Trial Delivery: 100,000 to 175,000 subject to agreement
8 Loading Port: Jeddah or ASSAP
9 Delivery Port: CIF ASWP
10 Inspection: SGS Q&Q Inspection at Loading port (at Sellerâ??s Expense) and
SGS Q&Q Inspection at Unloading port (at Buyers Expense)
11 Fixed Price: US$ 195 /MT Delivered
Specification
R50 (51.67 Kg/m) Free size length GOST 7173-75
R65 (64.72 Kg/m) Free size length GOST 8165-75
Composition: C: 0.54-0.82%, SI: 0.18-0.40%, Mn: 0.60-1.50, S: 0.04 Max, P: 0.035% Max
PAYMENT TERMS OPTIONS
Option 1:
IDLC MT700 Confirmed, Irrevocable, Payable at Sight Based on Total Contract Quantity of 2.1Million MT divided into 2 batches of 1.05 Million MT each. The first batch of 1.05 Million will be bases on a minimum LC cover value of 20% of 1.05 Million MT being 210,000 MT x $195.00 = $40,950,000 with Buyers Bank Guarantee for the remaining 80%, i.e.: $163,800,000
Option 2: IDLC MT700 Confirmed, Irrevocable, Payable at Sight Based on 3months total quantity of 525,000 MT x $195.00 = $102,375,000 auto-renewable until the full contract quantity is delivered.
Option 3: SBLC MT760 Issued from a Prime Bank having 365 +1 days validity and value amount to cover the monthly delivery quantity of 175,000 MT x $195.00 = $34,125,000 x minimum 2months with payment per month made viaMT103 after inspection and delivery.
Supplier From
United Arab Emirates,
United Arab Emirates
All kinds of ferrous and non-ferrous metals scrap, HMS 1 & 2, rolling, rebar, copper, aluminium, steel, electric motors, engines, alternators, compressors, etc..
Copper No. 2 kinds of alloy Wire cooper without lines, containing impurity, contain Copper quantity for 96% (minimum content 94%).
Shall not contain excessive lead and tin change of copper wire, welding of copper, brass and bronze line, excessive oil, prohibition and nonmetal,crisp, burning line, utterly margin of fine copper and excessive sexual yarn. Need appropriate means to remove dirt. Birch
Shall consist of clean, untinned, uncoated, unalloyed
copper wire and cable, not smaller than No. 16 B & S
wire gauge, free of burnt wire which is brittle