Used rail R50-R65, 4,000,000MT, Container or Bulk, CIF

1. Technical terms: USED RAIL R50-R65

2. Origin: Canada-UK.- CIS Europe

3. Specifications and Chemical Composition:

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

Size & Weight:

Length: 12meter ~ 12.5meter Maximum or less according to buyer’s instruction;

Width: 5.5 inches; Weight: 64.72Kg. No fishplates or steel pieces or bolts are attached to the used rails. All rails are clean and straight. No pitting. Only atmospheric rust. No heavy rust. It is mandatory that Rails must be cut into length 1.2 meter (max.) before shipment. 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;

4. Norms - R-50 / R-65 The scrap consists of R-50 / R-65 Used Rails shall be considered free of alloys when the residual alloying elements do not exceed.

5. Packing: Container or Bulk Shipment.

6. Inspection: Inspection will be carried out by SGS or any reputed inspection agency for quality and quantity/weights at the load port. A certificate issued by the inspecting agency will form part of documents along with B/L, Invoice etc. Also cargo inspection by SGS or a reputed inspection agency will be carried out at the destination port on arrival and a report to the effect will be issued.

7.Quantity: at request of the buyer, the total quantity during on contract is 4.000,000MT, probable to increase more. Max loads 60.000MT to load on CIF ASWP port

8.Commercial terms:

8.1 Price CIF ASWP 4.000.000MT- USD 320$ x mt 150.000mt x 12 mnth= 330 x mt Commission including in the price and paid by the Seller 10$ x mt (50% Buyer Side – 50 %Seller side)

8.2 Payment: By DLC or SBLC or irrevocable non-transferable Documentary letter of credit payable 100% at sight