Used Rails R50-R65

Orgin             Europe, Saudi Arabia, Africa
Packing         standard packing
Order             minimum 15.000 MT - spot vessel
Delivery         CIF ASWP
Inspection      SGS or similar
Yard visit       After non-operative LC or BG is opened, buyer can visit yard, stay
                      throughout the loading  process and monitor the inspection.

ISRI             USED RAILS R50-R65: DESCRIPTION
Note             Free of all explosives, shrapnel, cartridge, other arms or munitions used or
                    otherwise or other enclosed containers. Free of all radioactive material,
                    chemical products, paint or other dangerous or unwanted materials, free of
                    organic waste, or other dangerous substances. Containing total non-metallic
                    impurities of no more than 1% maximum. The rails are assembled in stacks
                    organized and maintained on a secure site with restricted and strictly
                    controlled access, with steel bands and rope and equipped with appropriate
                    lifting hooks. The seller guarantees to the buyer that the goods delivered
                    under the present contract will correspond to the characteristics shown
                    below:
27                Steel N? 1. Standard section tee rails, original weight 50 pounds per yard or
                    heavier. 10 feet long and over. Suitable for rerolling into bars and shapes.
                    Free from bent and twisted rails, frog, switch, and guard rails, or rails with
                    split heads and broken
28B              Steel N? 2. Cropped rail ends. standard section, original weight of 50 pounds
                    per yard and over, 2 feet long and under.
29                Steel N? 3. standard section tee, girder, and/or guard rails, to be free from frog
                   and switch rails not cut apart, and contain no manganese, cast, welds, or
                   attachments of any kind except angle bars, free from concrete, dirt and foreign
                   material of any kind.

                                     LC - Letter Of Credit
Terms of Payment        BG-100% - Bank Guarantee
                                     Conditional Swift Against Documents
                                     Cash t/t