Sell R50 (GOST-7173-75) And R65 (GOST 8165-75) 210$/Mt

1. Product and specificationR50 (gost-7173-75) and r65 (gost 8165-75)Chemical compositionC:0.54-0.82%Si:0.18-0.40%Mn:0.60-1.05%S:0.04% maxP:0.035% maxAs:0.01% max of mass share2. Origin:Europe, Russia, CIS, Romania, US, and South America2. Destination/product discharge:3. Cif china4. Quantity:Six millions (6,000,000) metric tons (+/-5%)5. Packing: In bulk6. Price per metric ton:Two hundred ten ($210.00) united states dollars par metric ton cif aswp (non usa sanctioned port)7. Payment terms:By irrevocable, revolving bank guarantee that will revolve 12 times for the total contract amount.8. Performance bond:Two (2%) percent of the letter of credit value issued within seven (7) international banking days of receipt, confirmation, verification and acceptance of preadvice letter of credit acceptable to the seller and the sellers bank.9. Proof of product:Shall be provided by seller after receipt of preadvice letter of credit acceptable to seller and sellers bank10. Procedures1. Buyer issues loi with full banking coordinates and authorization to soft probe, together with his bcl.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 information3. 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. 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.5. Upon receipt of the accepted signed and sealed final contract from the buyer via fax or email, the seller will issue to the buyer via first class courier four (4) hard copies, if requested, of their final contract signed and sealed by the seller. The buyer shall sign and seal these hard copies and return one (1) hard copy to the seller via first class courier.6. Before the payment instrument is transferred to a designated world commodities group delaware, ltd. (wcg) account the text of the payment instrument must be reviewed and approved by a representitive of wcg and notification of approval shall be sent to the buyer.7. Within seven (7) banking days after receipt of preadvise 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 preadvise 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.