Used Rails R50 R65
Specification:
R50 (51.67KG/Meter) GOST 7173-75
R65 (64.72KG/Meter) GOST 8161-75
and length: Fr, according to INCOTERMS-2000
No fishplates or steel pieces or bolts are attachedto the used rails. All rails are clean and straight
No pitting. Only atmospheric rust. No heavy rust.
Size & Weight:
Length: 12M to 12.5 M; Width: 5.5 inches; Weight:437.5Kg.
Cut at mt. 1.0 1.5 max.
CHEMICAL COMPOSITION:
C: 0.54 0.82
Si: 0.18 0.40
Mn: 0.60 1.05
S: 0.04 max
P: 0.035 max
As: 0.01 max of Mass share
Norms: R-50 GOST-7173-75 and R-65 GOST-8165-75
R50 (51.67 KG/M) - GOST 7173-75
R65 (64.72 KG/M) GOST 8165-75
Chemical composition shall fully be ISRI 27-29 compliant for all R50 - R65 used long rails steel
TERMS
Quantity: Minimum 30,000 MT per order and per shipment,
Capacity supply: 300,000 MT, Per Month X 12 Months
Price: USD XXX Net (Brokers must add there commission)
Shipping: CIF ASWP
Contract duration: up to 12 months,
Payment terms: ARDLC/FFDLC/BG/SBLC/MT103 CAD sight,
Bank MUST be TOP25 or confirmation via TOP25, payment
transferable, divisible, uncombered , BG reduce Price
PROCEDURES
1. THE BUYER ISSUES SELLER THEIR LOI
2. THE SELLER REVIEWS THE LOI AND UPON ACCEPTANCE ISSUES DRAFT CONTRACT TO BUYER FOR COMMENTS AND ACCEPTANCE, THE BUYER SIGNS AND RETURNS THE DRAFT CONTRACT
SHOWING ALL AMENDMENTS REQUIRED INITIALED AND ADDS THEIR FULL BANKING COORDINATES, CONFIRMING BANKING INFORMATION AND CONTACT INFORMATION
3. THE SELLER, AFTER DISCUSSING AND FINALIZING ALL AMENDMENT WITH THE BUYER ON PHONE OR VIA FAX OR E-MAIL, AMENDS WHERE NECESSARY THE CONTRACT, AND SIGNS,
SEALS AND ISSUES TO THE BUYER A FINAL COPY OF THE CONTRACT FOR ITS COMPLETION.
4. BEFORE FINAL CONTRACT IS ISSUED, BUYER SENDS THE TEXT OF THE PAYMENT INSTRUMENT FOR REVIEW AND APPROVAL BY A REPRESENTITIVE OF WCG. NOTIFICATION OF
APPROVAL SHALL BE SENT TO THE BUYER WITH THE FINAL CONTRACT.
5. THE BUYER REVIEWS THE FINAL CONTRACT AND UPON ACCEPTANCE SIGNS THE FINAL COPY CONTRACT AND RETURNS IT TO THE SELLER. IF FURTHER REVISIONS ARE REQUIRED
THEY ARE NOTED AND SENT BACK TO THE SELLER FOR FURTHER REVIEW. ANY FACSIMILE OR ELECTRONIC COPY SHALL BE CONSIDERED AS THE ORIGINAL
6. UPON RECEIPT OF THE ACCEPTED SIGNED AND SEALED FINAL CONTRACT FROM THE SELLER VIA FAX OR EMAIL, BUYER WILL PRINT A COPY OF THE CONTRACT AS A HARD
COPY, SIGN IT AND RETURN IT TO US. SELLER WILL THEN SEND THREE (3) HARD COPIES TO THE BUYER OF THEIR FINAL CONTRACT SIGNED AND SEALED.
7. WITHIN SEVEN (7) BANKING DAYS AFTER RECEIPT OF LETTER OF CREDIT ACCEPTABLE TO THE SELLER AND THE SELLERS BANK THE SELLER ISSUES A FULLY ACTIVE TWO (2%)
PERCENT PERFORMANCE BOND OF THE LETTER OF CREDIT VALUE.
8. AFTER RECEIPT OF LETTER OF CREDIT ACCEPTABLE TO THE SELLER AND THE SELLERS BANK THE SELLER PROVIDES PROOF OF PRODUCT TO THE BUYER
9. DELIVERY AND SHIPMENT SHALL COMMENCE AFTER THE FULFILLMENT OF THE PROCEDURE, STATED ABOVE, AS PER THE TERMS AND CONDITIONS OF THIS CONTRACT