Scrap Metal HMS 1 + 2

• Table Top Meeting with the Seller is allowed. Buyer must negotiate and sign draft contract before meeting. At the TTM, the Buyer will meet the Seller and both parties will sign final hard copies of contract. Past Performance Documentation will be shown.
• Payment as destination port can be facilitated through the additional of a one month SBLC or BG to the payment terms above. The payment must be within 3 days after delivery and against the loading port documents only.

Optional procedures:

9. The Buyers banker sends a draft copy if the Letter of Credit to the Seller for approval by the Seller and the Sellers bank.

10. Buyer issues pre-advice LC (per approved draft above)  that is made operative Performance Bond.

11. The Sellers Bank sends a 2% non-operative Performance Bond to the Buyers Bank.

12. Shipping of the material will commence within thirty (30) to forty-five (45) days from date of Sellers receipt of the acceptable operative payment instrument.

3. The Buyer signs and returns FCO, notating the type of LC and the issuing and confirming bank

4. The Seller issues a draft contract to the Buyer.

5. The Buyer returns revised draft contract to the Seller via, fax or email.

6. The Seller reviews and confirms any changes made in draft contract by the Buyer. If the Seller agrees to the changes made by Buyer, the Seller issues the final binding contract via fax or email.

7. The Buyer returns the final agreed contract duly signed and sealed via email or fax.

8. If hard copies are required, The Buyer will then print the draft contract and personally sign, seal and initial 4 Hard Copies of the Contract and then send contract via Courier to the Seller. The Seller will then sign, seal, initial and return two (2) originals by courier to the Buyer.

1. The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) or an Irrevocable Letter Of Intent (LOI) with soft probe authorization or BCL from a top 25 bank.

2. The Seller issues a Full Corporate Offer (FCO) to the Buyer.

PROCEDURES (NO OTHER PROCEDURE ALLOWED):

Heavy melting steel 3 feet x 18 inches. Wrought iron and / 1/4 inch and over in thickness. Individual pieces not over 36 inches x 18 inches (charging box size) prepared in a manner to insure compact charging. ISRI 202 No. 1 heavy melting steel 5 feet x 18

Heavy melting steel. Wrought iron and / or steel 1/4 inch and over in thickness. Individual pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging.

The steel scrap consists of stampings, cuttings, bars, nuts, bolts, misc. pieces, etc wheels, axles, parts of locomotives and carriages, fittings, plate pieces, parts, plate, bars, angle pieces, rods, steel pipe, etc. appliance casings, frames and parts, etc.). Non-metal impurities total 1% (one percent) or less. All goods sold by the seller will also be totally free from any types of radiation, bombs, arms and ammunition, mines, shell, cartridges, sealed containers, gas cylinders, explosive shells or explosive materials in any form either used or otherwise as per the specification below:

SCRAP METAL HMS 1+2

We are direct seller.

NO TRIAL SHIPMENT ALLOWED

LOI IS REQUIRED TO GET FCO

DIRECT BUYER ONLY : NO BROKER PLEASE

SCRAP METAL HMS 1 & 2