Metallurgy (Buyers) Published date: August 13, 2020
Modified date: August 18, 2020

ORIGN SAUDI ARABIA

CHEMICAL COMPOSITION

R65 GOST 8165.75 WEIGIIT 64.72 KG/METER
C = 0.54 % _ 0.82%
SI= 0.18 _ 0.40"/o
MN= 0.60 _ I.OS"/o
S=0.04%_MAX
P = 0.035 % AS- 0.01 MIX OF MASS SHARE


R50 GOST 7173.75 WEIGHT 51.67 KG/METER
- C=0.54%_0.82% - SI=0.18_0.40"/o
- MN=0.60_I.OS% - S=0.04%_MAX
- P= 0.035 % AS-0.01 MIX OF MASS SHARE

BUYING PROCEDURES

1. LOI from BUYER to SELLER
2. FCO from the SELLER to the BUYER with price and bank information in purpose of LC draft bank to bank.
3. BUYER sign and return FCO with LC draft bank to bank.
4. SELLER issue POP to the BUYER, PB ( preference bound ) 20% as bank guarantee to the BUYER.
SGS Q&Q, certificate of Origin, certificate of ownership, AQSIQ certificate, and quantity reservation invoice for issuing LC, then seller and buyer will sign contract, invitation is open to buyer to visit facilities if necessary.
5. BUYER activate as agreed LC to the SELLER bank
6. SELLER start shipping in 14 days.

THREE ACCEPTED METHOD OF PAYMENT

1. LC MT 700 IRREVOCABLE, CONFIRMED, AT SIGHT WITH FULL AMOUNT OF OUR COMMERCIAL INVOICE.
2. LC MT 700 IRREVOCABLE, CONFIRMED, AT SIGHT WITH 25% AMOUNT OF OUR COMMERCIAL INVOICE WITH
BANK GUARANTEE THAT THE APPLICANT WILL TAKE THE ENTIRE QUANTITY OF OUR COMMERCIAL INVOICE.
3. LC MT 760 IRREVOCABLE, CONFIRMED, AT SIGHT WITH FULL AMOUNT OF OUR COMMERCIAL INVOICE. COPY.


OUANTITY AND PRICING

100,000 tons X 12 months contract ($220)

200,000 tons X 12 months contract ($210)

300,000 tons X 12 months contract ($200)

500,000 tons X 12 months contract ($190)

• Company Name: New York Imports
• Country: United States

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