Used rails R50 R65 500,000 MT a month CIF

COMMODITY: Used rails classified as scrap shall conform to R50-R65, ISRI CODE 200-202

ORIGIN: EUROPEAN, AMERICA, ASIA

SPECIFICATIONS: Used Rail R50 (51.67KG/Meter, GOST 7173-55), Used Rail R65 (64.72KG/Meter, GOST 8161-75)

CHEMICAL COMPOSITION: 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.

LENGTH OF COMMODITY: 1.5m (m=meters)

No Fishplates, Steel pieces, Bolts or any Alien material/substance will be attached to the commodity.

The commodity must be clean and straight, No pitting, No heavy rust (Only atmospheric rust shall be acceptable on the commodity).

QUALITY: The Commodity 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 non-metal materials, and inflammable materials, pig iron and electrical motor, severe dirt, oil and garbage.

PURITY: Dust and impurities are not more than 0.3% (zero point three percent) of total weight.

QUANTITY: 6,000,000 MT

PRICE: USD $260.00 per MT

DESTINATION PORT:  CIF – As Buyer’s Selection

CONTRACT LENGTH:  2 MONTHS (500,000 MT x 12 months)

INSPECTION: Quality, Quantity, Weight, by SGS or Equivalent at Seller’s cost at loading port.

INSURANCE: Cargo Insurance 110%

PERFORMANCE BOND: 2% at Seller’s expense

PAYMENT TERMS:  100% DLC AT SIGHT, IRREVOCABLE, TRANSFERRABLE, And DIVISIBLE AND MT103 AGAINST COMPLETE SET OF SHIPPING DOCUMENTS AT LOADING PORT.

PROCEDURES:

– Seller issues FCO for signature

– Buyer issues ICPO + BCL/POF

– Seller issues sale and purchase draft contract (SPA).

– Buyer // Seller sign the Contract

– Shipment process starts as per contract terms / SGS certified before loading

– Upon loading at port, against presentation of shipping documents seller’s bank, the buyer will transfer MT103 payment via bank wire swift to seller’s bank.

– Subsequent shipments follow the same procedures

*Delivery Starts As Per Contract Terms And Conditions

**After Signed Contract And Before Opening DLC, Seller Will Provide Past

Performance Documents (Bl, Sgs), Photos And Dated Videos.

***Visit Is Allowed Only After Opening DLC