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USED RAILS HMS 1/2

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OFFER #1 – USED RAIL (EX-EUROPE/USA/SOUTH AMERICA )

COMMODITY ORIGIN

USED RAILS R50-R65 LENGTH: 1M – 1.5M Europe/USA/South America

PRICE / QUANTITY

CONTRACT: 1) Minimum Qty 30,000 MT upto 120,000 MT / MTH = US$ 255/MT/CIF 2) Minimum Qty 2,000 MT/ MTH = US$ 265/MT/CIF SPOT: Minimum Qty 15,000 MT = US$ 270/mt/CIF

SHIPMENT PAYMENT TERM

PERFORMANCE BOND INSPECTION PROCEDURE

Bulk IRREVOCABLE, CONFIRMED, NON-TRANSFERABLE, REVOLVING DLC, 100% PAYABLE AT LOADING PORT. (CONFIRMED BY CURRENT TOP 50 WORLD BANKS) 2% OF SHIPMENT VALUE SGS or similar at loading port at seller’s expense. 1) Buyer submits Letter of ICPO + BCL. 2) Seller issues Full Corporate Offer (FCO). Buyer signs and seals the FCO and returns a copy to seller. 3) Seller issues Draft contract. 4) After final contract, buyer will instruct his bank to issue a non-operative L/C for a shipment value to seller’s bank. 5) Within 5 days seller will issue operative PB for 2% of L/C value to buyer’s bank.

6) The operative 2% PB from the seller activates the non operative L/C from the buyer. 7) The first shipment commences within 30-45 days from activation of relevant payment instrument. PROOF OF PRODUCT: Proof of product will be issued immediately by sellers bank after MT 799 or preadvise L/C of buyer. YARD VISIT : Can be arranged after receipt of buyer’s Non-Operative LC. SPECIFICATIONS
Specifications : SCRAP R50-R65 The Scrap R50-R65 shall conform to all will be Scrap Steel-Standard Section. Free from mud, dust, fluff, nonferrous inclusions, excessive rust and other impurities. Free from any radioactive materials, any harmful chemicals, substances, and coatings, any organic waste and any other harmful substances. Dirt, dust, rust, fluff and other impurities nor allowed over 1%. All goods sold by the Seller will be totally free of any types of radiation, bombs, arms and ammunitions, mines, shells, cartridges, sealed containers, penguins, gas cylinders, explosive shells and/or explosive . Chemical Specification/Composition Carbon 0.2% to 0.60% Manganese 0.60% to 0.90% Silicon 0.15% to 0.35% Sulfur 0.05% maximum Phosphorus 0.05% maximum

NOTE

Seller has AQSIQ Licence.

OFFER #2 – USED RAIL (EX-AFRICA)

COMMODITY

USED RAILS R50-R65 (200 TO 206)

PRICE / QUANTITY

CONTRACT: Minimum Qty 30,000 MT upto 100,000 MT / MTH = US$ 220/MT/CIF SPOT:

Minimum Qty 20,000 MT = US$ 230/MT/CIF MANUFACTURER ORIGIN SHIPMENT PAYMENT TERM EUROPE AFRICA Bulk IRREVOCABLE, CONFIRMED, NON-TRANSFERABLE, REVOLVING DLC, 100% PAYABLE AT LOADING PORT. (CONFIRMED BY CURRENT TOP 50 WORLD BANKS) Any African Port (Seller’s choice) 2% OF SHIPMENT VALUE SGS or similar at loading port at seller’s expense. 1) Buyer submits Letter of ICPO + BCL. 2) Seller issues Full Corporate Offer (FCO). Buyer signs and seals the FCO and returns a copy to seller. 3) Seller issues Draft contract. 4) After final contract, buyer will instruct his bank to issue a non-operative L/C for a shipment value to seller’s bank. 5) Within 5 days seller will issue operative PB for 2% of L/C value to buyer’s bank. 6) The operative 2% PB from the seller activates the non operative L/C from the buyer. 7) The first shipment commences within 30-45 days from activation of relevant payment instrument. PROOF OF PRODUCT: Proof of product will be issued immediately by sellers bank after MT 799 or preadvise L/C of buyer. YARD VISIT : Can be arranged after receipt of buyer’s Non-Operative LC. SPECIFICATIONS
The Used Rail shall confirm to ISRI Code 2003 and will be used Rail Steel Scrap No. 1, R50-R65 standard section T Rail original, weight 50-65 pounds per yard or heavier. Size: 50-65 Pounds Per Yard. ISRI Codes: Under ISRI Codes 200 through 206 and Used Rail Scrap under ISRI 200-206. Size: Length 6M -12.5M (+/-5%) free from toxic chemicals, radioactive materials, explosives, organic matters originated from animals or plants with danger of epidemic diseases or medical waste. Free of bombs,

LOADING PORT PERFORMANCE BOND INSPECTION PROCEDURE

arms, ammunition, mines, shells, cartridges, gas cylinders or any other explosive material in any form. Free from oil, lubricants, grease, rubber, plastic, asphalt, wood, chemical or any other non-metallic content or impurity.

NOTE

Seller has AQSIQ Licence.

OFFER #3 – HMS 1&2 (EX-EUROPE/USA/SOUTH AMERICA )

COMMODITY SPECIFICATION PRICE / QUANTITY

HMS 1 & 2 Ratio 80/20, ISRI 200-206 CONTRACT: 1) Minimum Qty 30,000 MT upto 120,000 MT / MTH = US$ 250/MT/CIF 2) Minimum Qty 2,000 MT x 12 = US$ 265/MT/CIF SPOT: Minimum Qty 15,000 MT = US$ 270/mt/CIF

ORIGIN SHIPMENT PAYMENT TERM

PERFORMANCE BOND INSPECTION PROCEDURE

Europe/USA/South America Bulk IRREVOCABLE, CONFIRMED, NON-TRANSFERABLE, REVOLVING DLC, 100% PAYABLE AT LOADING PORT. (CONFIRMED BY CURRENT TOP 50 WORLD BANKS) 2% of SHIPMENT VALUE SGS or similar at loading port at seller’s expense. 1) Buyer submits Letter of ICPO + BCL. 2) Seller issues Full Corporate Offer (FCO). Buyer signs and seals the FCO and returns a copy to seller. 3) Seller issues Draft contract. 4) After final contract, buyer will instruct his bank to issue a non-operative L/C for a shipment value to seller’s bank. 5) Within 5 days seller will issue operative PB for 2% of L/C value to buyer’s bank. 6) The operative 2% PB from the seller activates

the non operative L/C from the buyer. 7) The first shipment commences within 30-45 days from activation of relevant payment instrument. PROOF OF PRODUCT: Proof of product will be issued immediately by sellers bank after MT 799 or preadvise L/C of buyer. YARD VISIT : Can be arranged after receipt of buyer’s Non-Operative LC. SPECIFICATIONS
Quality: The commodities are free from intense chemical corrosive, deleterious and dangerous materials, radiation and contamination, sealed gas cylinders and any other sealed containers and any explosive materials, bombs, fire arms and ammunitions, non-ferrous and nonmetal materials, and inflammable materials, pig iron and electrical motor, severe dirt, oil and garbage. Purity: Dust and impurities are not more than 0.3% (point three) of total weight. Rights to Ban or refuse to accept: The Buyer and/or Buyers government and/ or the authorities of destination country has the right to ban and/or refuse to accept the said commodities if it contains any banned material. Chemical composition shall fully be ISRI ( Institute of Scrap Recycling Industries ) compliant 200, 201,202,203,204,205,206. ISRI CODES: 200-206 Scrap metal HMS 1+2: physical composition. 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 - 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. ISRI 202 No. 1 heavy melting steel 5 feet x 18. 202 No. 1 heavy melting steel - 5 feet x 18 inches. Wrought iron and/or steel scrap ¼ 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. Note: Free from concrete, dirt, and foreign material of any kind.

NOTE

Seller has AQSIQ Licence.


				
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posted:3/1/2009
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