Scrap Metal Hms1&2

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Certification Description:WE DEAL ONLY WITH DIRECT BUYERS AND OR BROKRES WITH MANDATE minimum order of 30,000MT X 12 months contract prices are C/F ASWP.1) Used Rail R-50-R-65.2) HMS1&2,80/20.Quantity per month and prices.30,000 MT 12 360,000 MT $22060,000 MT 12 720,000 MT $21890,000 MT 12 1,080,000 MT $217120,000 MT 12 1,440,000 MT $215150,000 MT 12 1,800,000 MT $213200,000 MT 12 2,400,000 MT $210500,000 MT 12 6,000,000 MT $2071,000,000 MT 12 12,000,000 MT $204FOR NON TRANSFERABLE L/C US$-5 PER MT SHALL BE CHARGED EXTRATHE PRICES ARE BASED ON UNLOADING RATE OF 2000-MT WWD. BELOW 2000MTDEMURRAGE WILL BE APPLICABLE AS PER RULES.Purchase Procedures for all commodities1) Buyer submits Letter of Intent (LOI) and Bank Comfort Letter (BCL)2) Seller issues the FCO.3) Buyer accepts and agrees the terms and conditions of the FCO by counter signature & companies seal and returning it to the seller.4) Seller issues draft contract with full banking. Draft Contract shall be signed by both parties and sent via fax that will be deemed as original and valid.5) Hard copies of the Contract to be issued by the Seller, signed and exchanged with the Buyer.6) Seller and Buyer will lodge the hard copies of the Contract with theirRespective banks.7) The Buyer bank provides Proof of Funds to the sellers bank. The Proof Funds is the operative or non-operative LC8) Seller will provide the Proof of Product Bank to Bank. The prime banks only supply the POP after the LC has been established. Some US banks have already implemented it while others are considering it. Please do note that some banks do not offer POP service and it is a lawyer who will do it.9) Buyer will present pre-advised L/C to be approved by Sellers Bank.10) Seller will issue 2% Performance Bond to activate the Letter of Credit.11) Delivery and shipment commence as per ContractPLEASE CONTECT US FOR FURTHER DETALS