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15/01/2009
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15/01/2009
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Offer Description - Sell Square Steel Billets
We are able to offer the following for your possible interest.
Product: Square Steel Billets
Spec
We are able to offer the following for your possible interest. Product: Square Steel Billets Specification: GOST 380- 1994 3SP/ PS, 5SP/ PS Size: 100x100, 120x120 , 150x150 mm (buyer's option) Length: 6, 9, 11. 7 m (buyer's option) Manufacturer: mills of Ukraine (Illyich, Alchevsk) Packing: Export Standard for sea transportation Quantity: 30, 000MT Prime Sq Steel Billets per month (6- 12 month contract is available) Price: $147/ MT FOB ST LSD Black Sea (CIF any port is available) Shipments: 30, 000MT within 45 days after receipt of operative payment instrument Loading port: Illyichevsk (Black See, Ukraine) Payment terms: Standby LC or Irrevocable, Transferable DLC, 100% at sight, Issued or confirmed by a top western prime bank. Performance bond: 2% Inspection: Quality, quantity, weight by Inspectorate of Ukraine; SGS or equivalent at seller's cost established at loading port Procedure: 1) Buyer issues LOI 2) Seller issues FCO 3) Buyer returns the signed FCO along with bank comfort letter (BCL) 4) Seller issues the contract 5) Buyer and seller sign & exchange the contract 6) Seller issues non- operative PB and mill's confirmation letter for the availability of the product to the buyer's bank 7) Buyer issues operative payment instrument to the seller, which activates the PB. 8) Further proceedings according to the contract