SOFT CORPORATE OFFER
We the undersigned company, ON BEHALF OF OUR RUSSIAN SELLER With full corporate and legal responsibility, under penalty of perjury confirm that we are ready, willing and able to sell/supply the following product:
PRODUCT ORIGIN: RUSSIA
Port of loading: Tuapse, St Petersburg port,
Vladivostok, Kandalaksha, Novorossiysk, Kholmsk,
Used Rails R50-R65
12,500MT / 25,000 MT X 12 Months, USD 260/250 CIF
25,000 MT / 50,000MT X 12 months USD 250/240 CIF
50,000 MT / 100,000MT X 12 Months USD 240/230CIF
Over 100,000MT X 12 Months USD 230/220 CIF
HMS 1&2 (80/20) IRSI 200-206
5,000 MT / 20,000 MT X 12 Months USD 260/250CIF
20,000MT / 50,000MT X 12 months USD 250/240 CIF
50,000 MT / 100,000MT X 12 Months USD 240/230CIF
Over 100,000MT X 12 Months USD 230/220CIF
R50-R65 - IRSI CODES
The chemical composition is the standard for R-50 R-65 Tee rails original weigh 50 pounds per yard or heavier, 6 meters long and over . Material to be suitable for re-rolling into bars and shapes. Free from bent and twisted rails, frog, switch and guard rails, rails with split heads and broken flanges. Continuous welded rail may be included provided no weld is over 9 inches from end of the piece of rail. Free from Fluff, Non ferrous inclusions, excessive rust and other impurities. Free from war and explosives, shells, cartridges, other arms and ammunitions used or otherwise and any closed containers. Free from any radioactive materials, any harmful chemicals, substances, and coatings any organic waste any other harmful substances. Dirt, dust, rust fluff and other impurities not allowed over 0,5 %. The rails are to be neatly bundled and secured with iron wire or straps, provided with adequate lifting hooks. Individual bundles not to exceed 5 MTW.
Used Rails R50 - R65
Chemical Composition Used Rails: 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
Norms: R-50 GOST -7173-75 and R -65 GOST -8165-75
The scrap consists of R-50 (51, 67 kg/m) R-65 (64, 72 kg/m ) Used Rail ISRI 27-29
ISRI-CODES:
(27) Rail, Steel No. 1.Standard section tee rails, original weight 50 pounds per yard or heavier, 10 feet long and over . Suitable for re-rolling into bars and shapes. Free from bent and twisted rails, frogs, switch, and guard rails, or rails with split heads and broken flanges. Continuous welded rail may be included provided no weld is over 9 inches from the end of the piece of rail. 28A) Rail, Steel No. 2 Cropped Rail Ends. Standard section, original weight of 50 pounds per yard and over, 18 inches long and under (28B) Rail, Steel No. 2 Cropped Rail Ends. Standard section, original weight of 50 pounds per yard and over, 2 feet long and under. (28C) Rail, Steel No. 2 Cropped Rail Ends. Standard section, original weight 50 pounds per yard and over, 3 feet long and under. 29) Rail, Steel No. 3.Standard section tee, girder, and/or guard rails, to be free from frog and switch rails not cut apart, and contain no manganese, cast, we lds, or attachments of any kind except angle bars. Free from concrete, dirt, and foreign material of any kind. The rails can be cut to the length the buyer wants ISRI GOST 2787-75 Russia
HMS 1&2 (80/20) IRSI 200-206
Steel scrap defined as HMS 1 & 2 in an 80/2 0 mix under IRSI codes 2 00 through 206.
Nonmetal
Impurities total 1% (one percent) or less - no radiation, arms, ammunition, bombs,
shells, mines, cartridges, sealed gas cylinders. High carbon steel is not included in this
scrap -we sell that as a separate item.
HMS 1 - IRSI CODES
HMS 1 - IRSI Code 2 00: Heavy melting steel. Wrought iron and/or steel scrap ¼ inch or
steel scrap ¼ inch and over in thickness. Individual pieces not over 60 x 2 4 inches
(charging box size) prepared in a manner to insure compact charging.
HMS 1 - IRSI Code 2 01: Heavy melting steel 3 feet x 18 inches. Wrought iron or steel
scrap ¼ inch over in thickness individual pieces not over 36 inches x 18 inches
(charging box size) prepared in a manner to insure compact charging.
HMS 1 - IRSI Code 2 02: Heavy melting steel 5 feet x 18 inches. Wrought iron or steel scrap1.4 inch and Over in thickness individual pieces not over 60 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
HMS 2 - IRSI CODES
HMS 2 - IRSI Code 2 03: Heavy melting steel. Wrought iron or steel scrap, black and
galvanized. 1/8 inch and over in thickness, charging box size to include material not
suitable as No.1 heavy melting steel. Prepared in a manner to ensure compact
charging.
HMS 2 - IRSI Code 2 04: Same as IRSI 203 but max size 36x18 inches.
HMS 2 - IRSI Code 2 05: Same as IRSI 204 but free of sheet iron or thin-gauged
material.
HMS 2 - IRSI Code 2 06: Same as IRSI 204, but max size 60 x 18 inches.
PROCEDURE OF TRANSACTION:
1. Buyer confirm soft offer and issue ICPO with full banking and Company details address to (END SELLER)
2. (END SELLER) Company issues FCO to the Buyer Company. Buyer signs and returns FCO.
3. (END SELLER) Company issues draft contract to Buyer which is open for amendments, Buyer sign and return to seller.
4. (END SELLER) Company seals contract and return to buyer
5. Buyer’s bank issues irrevocable transferable documentary letter of credit L/C to seller’s Company Bank
6. (END SELLER) Company bank issues Full POP via seller’s bank to Buyer’s bank.
7. Seller bank post 2% Performance Bond to buyer bank and the assignee names by means of prime 25 first world ranking banks guarantee Model ICC 458 acceptable in written by Buyer and if (END SELLER) Company fail to supply the cargo of the product this 2% will be paid to buyer.
8. The SGS inspection will be borne by (END SELLER) Company at the loading port and Buyer at the unloading port.
9. Delivery commence as scheduled. Buyer release payment to Seller Company via Swift Fund Transfer within 7 banking days after the discharge of cargo and receipt of the entire relevant shipping document for immediate negotiation and credited at Buyer’s Bank Account.
