Used rails

We can provide used rails.

COMMODITY:USED RAILS

ORIGIN:  

COMMODITY SPECIFICATION:  R50 R65

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

ORIGIN: PERU, AFRICA, USA, CHINA and PARAGUAY

Contract QUANTITY REQUIREMENT: 20,000 MT X 12 Months 

CIF PRICE: USD   $364 per Metric Ton 

PAYMENT TERM: Buyer will issue 100% Stand By Letter of Credit  {SBLC} which should be Irrevocable, divisible, confirmed, unconditional, non-transferable   & unrestricted for 12 1 consecutive months to sellers Bank Issued by one of the TOP 25 First World Banks, with a guarantee of total funds. This guarantee should be issued by the bank of the Buyer, and sent directly to the bank of the Seller.

Monthly payment via SWIFT MT – 103 AGAINST all shipping documents including SGS certificate for quality and quantity.

2 % Penalty Clause applicable to Buyer and Seller.

DESTINATION :  

INCO TERMS 2010: CIF {Cost Insurance and Freight}

LOADING PORT: Any Safe Port specified by Seller in the Origins Specified by Seller.

PORT OF DISCHARGE: ASWP

INSPECTION: SGS at Seller’s cost.

SHIPPING DATE: 

CIF 1st Shipment: 32- 40 days upon receipt of SBL/C.

2nd and Following Shipments – 15-30 days

PARTIAL SHIPMENT: Allowed

TRANSSHIPMENT: Allowed

SHIPPING DOCUMENTS:

1. Commercial invoice.

2. Packing list.

3. Bill of lading.

4. Cert of quantity, weight and quality by SGS, VERITAS.

5. Cert of origin.

6. Export Declaration.

7. Phytosanitary certificate.

8. Insurance Policy for CIF term.

PROCEDURE:

1. Buyer Sends LOI. Seller sends FCO.

2. Buyer returns Sealed and Signed FCO & BCL with ICPO (as per Seller’s format), draft Contract is signed electronically by both Seller and Buyer.

Buyer starts the process to issue 100% At Sight Stand By Letter Of Credit {SBL/C} which should be Irrevocable, divisible, confirmed, non-transferable, unconditional & unrestricted, and  for 12 1  consecutive months to sellers Bank Issued by one of the TOP First World Banks, with a guarantee of total funds. 

3. Upon receipt confirmation of SBLC by Seller, Loading starts as Mutually agreed.

4. CIF 1st Shipment- 31-40 days upon receipt of L/C.

Inspection Certificate at Loading Port by SGS at Seller’s Cost

Inspection by SGS at Destination Port at buyer’s cost.

5. After the Shipment, Seller notifies the Buyer and sends all copies of shipping documents  hands all related certificates immediately to the Buyer via scan and to the Buyer’s Bank Courier.