inquiry to Used Rail Steel 360,000 MT ($252.00 MT)

AHMED SMITHFORD 1802 Harmon Cove Tower Secaucus, NJ 07094 United States Tel: 1+646-234-3449 ***onic-communication FULL CORPORATE OFFER Ms. Anne Zhang Ningbo Chenglu Import And Export Co. Ltd. Room 2202 Golden Shore Blvd. No. 146 Huaishu Road Jiangbei Ningbo, Zhejang CHINA 31540 Dear Ms. Anne Zhang, Under the penalty of perjury, we advise you of the commodity for sale and its ability to be delivered to any safe world port on the following terms and conditions thereof; COMMODITY: Steel Scrap Used Rails R50-R65, cut 6 ~ 12 meter lengths SPECIFICATION: Used Rails R 65, R50, IRSI Code 27~29. R50(GOST 7173-75), 51.67kg/m. R65(GOST 8165-75), 64.72kg/m With Chemical Composition shall be according to ; 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. Size : Full Size Length ,6m and 12 m long ORIGIN: EUROPE (Eastern, United Kingdom, Western) LOADING: (ASP) Any Safe Port, Europe, Sellerís Choice DELIVERY: TIANJIN port,China, or any safe port. PACKING: Bulk, Separate R50 from R65 respectively. AMOUNT: 360,000 MT (+/- 5%) x U$260/mt =U$93,600,000.-(US Dollars Ninety Three million Six hundred Thousand only) TERM: 30,000 mt x 12 MONTHS equal shipment DELIVERY BASIS: CIF (Cost, Insurance, Freight) INSPECTION: SGS or Compatible at port of loading at seller's cost per each shipment. PRICE: $252.00 PER MT CIF _____ port, China. CURRENCY: UNITED STATES DOLLARS PAYMENT: Option 1: SBL/C (1 month) T/T at destination port, or PBG (1 month) + RDL/C (Revolving Documentary Letter of Credit) be in USD and by irrevocable, Non-transferable or Transferable(Buyerís option) documentary Letter of Credit on the amount of one month delivery payable 100% upon arrival at Port of Dismemberment. at with validity of 12+3 months ( in case of delay) issued by world top 75 bank. Shipment: Within 24-30 days after receipt of L/C. Procedure 1) Agent will issue Soft Corporate Offer. Upon request from Buyer (issuer of financial instrument), Agent sends: 1) Photographs of Used Rail, 2) ICPO format, 3)Sample of Contract, 2) Buyer shall issue LOI, with authorization of Soft Probe of financial solvency, 3)Seller Issue FCO, Buyer return to seller Agent, signed under corporare seal, FCO, with banking and returns with FCO ICPO, 4) Seller issues Final of Contract Buyer shall sign Contract, issues, RDL/C under special condition that Contract shall be effective subject to Buyer confirmation of the cargo which will be surveyed at Seller site by Buyer, 6) Seller arranges yard visit fo Buyer, 7) Seller shall deliver the contracted cargo in 24-32 days. Offer Validity: Until 15th of April ,2009 We hope that the above terms and conditions meets your requirement. Best regards Ahmed Smith-Ford President, Ahmed SmithFord, LLC. Tel: 1+646-234-3449 ***onic-communication
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