USED RAIL STEEL R50 R65 Ghost | Metallurgy (Sellers) | NCNDA.org 

USED RAIL STEEL R50 R65 Ghost



Metallurgy (Sellers) Published date: July 16, 2019



USED RAILS R50-R65.
Article 2- Origin Saudi Arabia
Article 3- Specifications:
R50 (51.67KG/METER) GOST 7173-75
R65 (64.72KG/METER) GOST 8165-75
Length: 1M - 1.5M
Chemical composition of the steel scrap is of international standard as follows;
MN: 0.60 - 1.05 %
C: 0.54 - 0.82 %
SI: 0.18 - 0.40 %
S: 0.04 % Max
P: 0.035 % Max
AS: 0.01 Max OF MASS SHARE
Article 4- Quantity Needed: 10.000.000 MT TEN MILLION TONS
Article 5- Port of loading
5.1 Country of Loading: Saudi Arabia
5.2 Destination Port: CIF ANY PORT
Article 6- Packing:
Containers
Article 7- TERM OF PAYMENT
7-1 Buyer issues LC MT 700 AT SIGHT addressed to account covering total quantity of train rail this MT 700 confirmed irrevocable, divisible.
OR : BANK GUARANTEE FOR ALL CONTRACT VALUE WITH REVOLVING LC MT700 FOR MONTHLY SHIPMENT.
SELLER will issue LC 2% of contract value performance bond in favor of the buyer. The buyer can be liquidated in the event that seller delayed loding the goods after the opening of the credit by 30 days.
7.2 Unit price: $275 USD per Metric Ton CIF.
7.3 Total Quantity: 10.000.000 MT X $275 USD = $ 2,750,000,000 USD.
(PAY TOTAL: Two Billion Seven hundred fifty Million United States Dollars Only)

Procedures
Seller issues the SPA for the quantity of 10.000.000 MT at the value agreed between the Buyer and as well as the Seller issues PROFORMA INVOICE of one month shipment quantity to be signed.
24.2 Seller provides inspection certificate or property certificate of goods.
24.3 Buyer completes and sign SPA (contract) and send it to the seller.
24.4 Seller counter-signs the contract and send it to the buyer. Buyer and Seller deposit contract on respective banks.
24.5 All the communication between the Banks of the Seller and the Buyer will only be via tested SWIFT, Email or Fax.
24.6 Buyer confirms that the said funds are good, clean, cleared, unencumbered, legitimately earned and of non-criminal origin.
24.7 Shipping procedure commences for the first shipment within 30-35 days after Receipt of Payment Instrument to the Sellers bank.
- The BUYER shall take any necessary measures in order to enable the most rapid discharge of the ship at the destination port, and to prevent in this way, demurrage fees. Any demurrage fees, discharge costs in the unload place will be at the buyer’s costs.
- The BUYER shall be responsible for any Import License, Import Permit, or Import Entry it might be necessary in the unloading place.
- The BUYER is responsible for cargo discharge, including all charges incurred in the supervision of this discharge.
- The SELLER shall not be liable in the event that the BUYER delays the ship in the unloading place, or fails to receive the goods.

get in touch if interested,
Corrado





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