We are offering 400,000 tons of iron pipe scrap in HMS 1 & 2, sourced from recently renewed public infrastructure.
Type: Heavy Melting Steel
Origin: Public infrastructure renovation projects
Available Quantity: 400,000 tons
Quality: High-grade scrap, carefully sorted and ready for shipment
Price: Negotiable, based on order volume and delivery terms.
Followings are Non changeable / Non negotiable Procedures :
- Buyer sends ICPO, CIS with Bank details from where the Financial Instruments will be issued, Trade license and passport copy.
- Seller issues FCO.
- Buyer signs and returns FCO along with BCL.
- Seller issues Draft SPA with Seller's Passport copy and Company registration documents, Profile etc.
- Buyer signs and returns Draft SPA (with remarks for modification if any).
- Seller issues final SPA, Bank Verbiage and NCNDA/IMFPA.
- Buyer signs, seal final SPA and fill up all details in NCNDA/IMFPA. All intermediaries fill up, attach Passport copy, sign seal NCNDA/IMFPA and return to the Seller.
- Seller raises Proforma Invoice.
- Buyer signs and returns Proforma Invoice
- Buyer sends Draft Copy of DLCMT700.
- Seller confirms or ask for modification if any for Draft DLC.
- Buyer activates financial instruments.
- Seller issues 2% PB within 5 -7 working days on receipt of activated Financial Instruments.
- Seller issues PoP (Video in Buyer's name with date, with news paper proving stock existence).
- Buyer or their representatives are allowed to have a loading inspection at the loading port at their own cost.
- On confirmation of all above, Shipment documentation starts.
- IMPORTANT : Past history, BL, SGS will not be provided.