Scrap HMS 1 And 2

6. Delivery Port - CIF China / Hong Kong

5. Port of Loading - The port of loading shall be any European port.

date of signing the contract or receipt of L/C whichever comes later.

4. Contract - The duration of this contract is for 12 months from the

of the financial instrument.

3. Availability - The commodity shall be loaded within 60 days of the availability

0.60 percent

b] The combined residuals other than manganese shall not exceed a total of

Nickel 0.45, Chromium 0.20, Molybdenum 0.10

residual alloying elements do not exceed the following percentages : percent

a] Manganese 1.65 Steel scraps shall be considered free of alloys when the

2. The material chemical composition is as follows:

1. Quantity of 480,000 MT in 12 shipments subject to prior sale.

Offer for supply of 40000MT x 12 shipments of 80% HMS 1 & 20% of HMS 2