Used Rails 10mln MT per year

We can supply Used rails in a quantity of 10mln MT per year.

These are spec: Cut to 1.2 meter lengths (standard) – other lengths available upon request.

Cutting fee of $15 applies to size less than 1.0m (0.8m-1.0m). Scrap/Railroad Ferrous Scrap (R50/R65) chemical composition shall be according to:

R50 GOST 7173-75 weight 51.67 kg/meter

R65 GOST 8165-75 weight 64.72 kg/meter

C = 0.54 - 0.82%

Si = 0.18 - 0.40%

Mn = 0.60 - 1.05%

S = 0.04% MAX

P = 0.035% MAX

As = 0.01% max of mass share

Procedures:

1. Buyer issues LOI and a buyer's bank document stating that the buyer is in full financial capacity to conclude the contract

2. Seller sends FCO

3. End‐Buyer issues Irrevocable Corporate Purchase Order (ICPO) with banking coordinates

4. Where Facilitators/Intermediaries are involved, the NCNDA (Non‐Circumvention and Non‐ Disclosure Agreement) and FPA (Free Protection Agreement) will be required to be executed between the parties involved.

5. Once the Buyer and Seller have agreed and signed the FCO, the Seller sends a Draft Sale and Purchase Agreement (SPA) to Buyer for his concurrence to be amended.

6. The amended SPA is signed between the Buyer and Seller. The method of payment is 100% irrevocable, confirmed, transferable SBLC (MT760) at landing port , after inspection of SGS , or similar.

7. The deal is executed in compliance with the terms of the agreement.

8. The Seller will send the Pro‐Forma Invoice issued on the basis SPA, and the buyer to sign the pro‐forma invoice and send the soft copy to the seller.

9. Within seven (7) Banking Days, Buyer’s Bank confirm the emission of SBLC.

10. Once the Seller receives the original Payment Instrument from Bank, Seller will initiate the shipping process of product with respect to all the documents.

11. Under CIF delivery terms, the Seller will start shipping the goods to destination port within maximum 30 days followings.

12. Seller provides 110% insurance in favor of the buyer.

13. Vessel sails to destination port.

14. Seller/ buyer settles commissions payable to the intermediaries involved in accordance with the NCNDA and FPA.

15. Transaction Closed.