COMMODITY:
HMS 1 & 2 (80% / 20%)USED RAILS R50-R65
CONTRACT DURATION:
TWELVE MONTHS
COUNTRY OF ORIGIN:
EUROPE/AMERICA (SELLER’s CHOICE) or
SOUTH AFRICAN
SPECIFICATION:
ISRI 200 – 206 (HMS 1 & 2)
R50 – R65 (USED RAILS)
PRICE:
HMS 1 & 2 (80%/20%) at USD$280 PER MT
USED RAILS R50-R65 at US$290 PER MT
USED RAILS R50-R65 at US$260 PER MT (SOUTH AFRICAN ORIGIN)
QUANTITY MONTHLY:
MINIMUM 30.000 MT (UP TO 100.000 MT)
SHIPMENT TERMS:
CIF - BULK
DELIVERY DESTINATION:
BUYER’S CHOICE - ASWP
DELIVERY:
AS AGREED UPON BY SELLER AND BUYER
MODE OF PAYMENT:
IRREVOCABLE NON-TRANSFERABLE LETTER OF CREDIT
INSPECTION:
SGS or Similar
HMS 1 & 2 SPECIFICATION DETAILS :
ISRI-CODES: HMS 1 ISRI200-202 & HMS ½ ISRI200-206
200 No. 1 heavy melting steel. Wrought iron and/or steel scrap 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.
201 No. 1 heavy melting steel 3 feet x 18 inches. Wrought iron and/or steel scrap 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.
202 No. 1 heavy melting steel 5 feet x 18 inches. Wrought iron and/or steel scrap 1/4 inch and over in thickness. Individual pieces not over 60 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
203 No. 2 heavy melting steel.* Wrought iron and steel scrap, black and galvanized, 1/8 inch and over in thickness, charging box size to include material not suitable as No. 1 heavy melting steel. Prepared in a manner to insure compact charging.
204 No. 2 heavy melting steel. * Wrought iron and steel scrap, black and galvanized, maximum size 36 x 18 inches. May include all automobile scrap properly prepared.
205 No. 2 heavy melting steel 3 feet x 18 inches. Wrought iron and steel scrap, black and galvanized, maximum size 36 x 18 inches. May include automobile scrap, properly prepared, however, to be free of sheet iron or thin-gauged material.
206 No. 2 heavy melting steel 5 feet x 18 inches. Wrought iron and steel scrap, black and galvanized, maximum size 60 x 18 inches. May include automobile scrap, properly prepared, however, to be free of sheet iron or thin-gauged material.
USED RAILS SPECIFICATION DETAILS :
R50 - 51.67 kg/m GOST 7173-75
C 0.67 - 0.8%
Mn 0.75 - 1.05%
Si 0.13 - 0.28%
P 0.035% max.
S 0.045% max.
Ar 0.15% max.
R65 - 64.72 kg/m GOST 8165-75
C 0.60 - 0.82%
Mn 0.75 - 1.05%
Si 0.13 - 0.28%
P 0.035% max.
S 0.045% max.
Ar 0.15% max
PROCEDURE :
1. BUYER(S) ISSUED FRESH ICPO/LOI
2. SELLER RETURN BUYER’S ICPO/LOI with FCO/DRAFT CONTRACT
3. BOTH SIDE (BUYER & SELLER) SIGNED FCO/DRAFT CONTRACT
4. BUYER OPEN FINANCIAL INSTRUMENTS
5. SELLER OPEN PERFORMANCE BONDS
6. SHIPPING COMMENCING
SPECIAL OPTIONS :
1. BUYER CAN VISIT THE YARD AFTER BUYER SIGNED ON FINAL CONTRACT AND ISSUE POF (PROOF OF FUNDS) TO SELLER’S BANK
2. TOP TABLE MEETING CAN BE ARRANGED AFTER BUYER SIGNED ON FINAL CONTRACT
SPECIAL NOTE :
1. We’re Accepting ONLY fresh ICPO/LOI
2. We’re will NOT accepting ICPO/LOI which already founded floating around Internet.
3. All of Our End Seller / Yard Owner above accepting Non-Transferable Letter of Credit and will not asking for Advanced payment or Deposit Payment and Escrow Deal
4. NCNDA is part of the Procedure to be signed by each party whom involved in Transaction.
5. We ONLY dealing with REAL SERIOUS BUYER
Stefanus Rocky (CEO)
