METAL SCRAP (USED RAILS and HMS 1 & 2)

Inspection: SGS at loading port (Seller cost)

Shipment: in 30/45 days and rest in every 30 days after receipt of payment instrument to the sellers bank.

Destination: CIF ASWP (Port Buyer option)

?      Shipment commences as per the terms of the contract.

?      Seller send the 2% PERFORMANCE BOND + POP which activates the payment instrument;

?      Buyer Open non operative payment instrument;

?      Seller send HARD CONTRACT;

?      Buyer return DRAFT CONTRACT signed and seal (on each page);

?      Seller send DRAFT CONTRACT;

?      Buyer return FCO signed and seal (on each page);

?      Sellers issues sends FCO - Full Corporate Offer;

?      Buyer sends LOI or ICPO + (RWA);

Preliminary procedures:

?      Pricing is based on the first year annual volumes;

?      Performance Bond cannot be more than 2%;

NOTE:

Payment Non-Transferable more USD 5.00/MT

3) (1 month SBLC or BG + 11 months ARDLC ) transferable, divisible, irrevocable, unconditional.

2) (1 month SBLC or BG + 11 months TT) transferable, divisible, irrevocable, unconditional.

1) By Irrevocable, SBLC equal to the value of 2 months shipments, payable at sight, at destination port within 7 days, valid for the period of 14 months and 20 days from the date of issue. Payment for each shipment shall be effected by TELEX TRANSFER (TT) at sight upon presentation by the seller of all agreed documents required for payment

Payments Terms:

ORIGIN: EUROPE, SOUTH AMERICA

Contract: Minumum 12 Months

*** SHIPMENTS WITH 30,000 MT VESSELS

** CUTTING 1,5 M ADD USD $ 5.00 PER MT

* LENGTHS IS FROM 6 M 12 M IN BULK

Consult price

(180.000 MT) X 12 months

2,160,000  MT

(90.000 MT) X 12 months

1.080,000 MT

(60.000 MT) X 12 months

720,000 MT

Consult price

(30.000 MT) X 12 months

360,000 MT

In US Dollars

In US Dollars

HMS 1 & 2

URL

Monthly Shipments

Total Volume

METAL SCRAP

METAL SCRAP (USED RAILS and HMS 1 & 2)