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Heavy Melting Scrap and Used Rail Offer


Please note: Prices offered are for quantities between 30,000 and 60,000 MT. Prices are the same for contract and spot purchases. In the case of spot purchase, the payment terms are by bank transfer, within 7 days of presentation of the payment documents, backed by a bank guarantee (BG), stand-by letter of credit or trustee deposit, for the full contract value.

HMS 1&2

1.
US$/MT 176.00 CIF Asia Seaport with payment by bank transfer, 7 days after presentation of the payment documents and deposit of a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of three months shipments.
2.
US$/MT 187.00 CIF Asia Seaport with payment by bank transfer, 7 days after presentation of the payment documents and deposit of a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of two months shipments.
3.
US$/MT 200.00 CIF Asia Seaport with payment by an irrevocable, transferable, documentary letter of credit (DL/C) for each month and additional a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of one months shipment.
4.
US$/MT 225.00 CIF Asia Seaport with payment by an irrevocable, confirmed, transferable, revolving documentary letter of credit (RDL/C).
5.
US$/MT 232.00 CIF Asia Seaport with payment by an irrevocable, confirmed, non-transferable, revolving documentary letter of credit (RDL/C).

USED RAIL

1.
US$/MT 184.00 CIF Asia Seaport with payment by bank transfer, 7 days after presentation of the payment documents and deposit of a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of three months shipments.
2.
US$/MT 196.00 CIF Asia Seaport with payment by bank transfer, 7 days after presentation of the payment documents and deposit of a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of two months shipments.
3.
US$/MT 210.00 CIF Asia Seaport with payment by an irrevocable, transferable, documentary letter of credit (DL/C) for each month and additional a bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit, equal to the value of one months shipment.
4.
US$/MT 236.00 CIF Asia Seaport with payment by an irrevocable, confirmed, transferable, revolving documentary letter of credit (RDL/C).
5.
US$/MT 242.00 CIF Asia Seaport with payment by an irrevocable, confirmed, non- transferable, revolving documentary letter of credit (RDL/C).

Minimum amount of the bank guarantee (BG), stand-by letter of credit (SBLC) or trustee deposit - US$ 10,000,000.

PLEASE NOTE: PRICES OFFERED ARE NET AND ARE SUBJECT TO CHANGE WITHOUT NOTICE

PROCEDURE AND TERMS


1. THE BUYER COMPLETES THE CONTRACT WITH HIS DETAILS AND INITIALS; SIGNS AND SEALS THE CONTRACT, AND SENDS IT ELECTRONICALLY TO THE SELLER.

2. The seller prints 8 (eight) copies of the contract. Buyer and seller sign and exchange the FINAL hard copies of the contract by a table meeting OR BY COURRIER
4. Latest 10 days after signed the final-Contract, the buyer transfers the bank guarantee, SBLC, trustee deposit or LC, according to article 8.4 of the contract.
5. The Seller issues an full operative Performance Bond Guarantee in favor to the Buyer for an amount equal to xxxxxx US$, 7 banking days from the day of receiving the confirmed payment instrument, according to Clause 8.5, had been carried forward to the seller's bank.
6. The bank of the seller confirms to the issuing bank via MT 799, that the bank guarantee can be drawn only in the case of events as mentioned in clause 8.5 and 8.6.
7. The First shipment will start no later than 45 - 60 days after date of receipt the bank guarantee in accordance to article 8.4 of the contract. The further contractual shipments will follow every 30 days thereafter (xxxxxx MT each). Every attempt possible will be made by seller to shorten this period.

Added: 20.08.2007 Offer viewed: 1282 (hits)

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