Used Rails R50 R65 12,500 MT per month CIF

PRODUCT : USED RAIL R50 R65

QUANTITY : 12.500 MT per month – 1 Year contract

1. COMMODITY SPECIFICATIONS

Commodity : USED RAILS R50 / R65

Specifications : USED RAILS STANDARD DIMENSION

Used Rails Specifications : Used Rail: R50 /51.67 KG/m, Ghost 7173-55

Used Rail: R65 /64.72 KG/m, Ghost 8161-75

Chemical Analyse 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

Cr : residual

Rail lenght : 1.50 mt; (min. size 1.20 mt

Special size : by 1 meter surcharge of 7,5 USD per MT

Packing : Bulk Shipment

2. TERMS & CONDITIONS

Order Quantity : 12.500 MT month x 12months R & E

Shipment : 30 gg. At sign contract

Price offer : 100% LC CIF – $265USD

Price :

Payment terms : 100% L/C at sign at top Spanish Bank, SBLC/MT760

USD 265 MT – CIF

ASWP port

PROCEDURE

1.      Buyer issues LOI; 

2.      Our company issues SCO;

3.      Buyer accepts and signs SCO and NCNDA / IMFPA, providing valid company details and copy of signed passport;

4.      Seller issues draft SPA and FCO with full company and bank details;

5.      Buyer signs FCO, and reviews, upgrades (if necessary) and signs SPA as acceptance of the offer;

6.      Seller signs SPA, both parties exchange hard copy contracts and NCNDA / IMFPA send to banks respectively;

7.      Buyer’s bank sends pre-advice MT799 message to seller’s bank confirming PoF;

8.      Buyer/representative comes for physical inspection of the goods.

9.      The seller provides at the same time the load to perform the SGS test.

10.   After a positive test, buyer issues a 100% SBL/C;

11.   Seller issues 2% Performance Bond to activate transferable SBL/C;

12.   Seller starts shipment;

13.   100% payment shall be made at destination port payment by T/T or MT103 against the documents according to contact and L/C from the seller to buyer's bank in 3-5 days.