Used rails R50-65 and scrap metal
Steel grade: HMS1 and MHS2
Tariff conditions: port charge (DDP) @ inconterms 2020
Place of delivery: Port of Nava Sheeva, India
Price required: LME closing price (London Metal Exchange), US$ per tonne based on a published LME (01) price for a one month contract period minus …..% discount
Origin: as designated by the seller
Quantity: 50,000 MT per month with a 12-month annual contract, with a test on the first shipment of 1000 to 5000 MT
Packaging: pieces of rails cut to 1 meter long
Delivery schedule: Seller to specify until completion of initial quantity and first shipment from date of LC confirmed in Seller's account
Payment: Irrevocable confirmed non-transferable L/C opened by a first class global bank
Inspection: SGS or equivalent at port of loading at seller's expense as to quantity and quality.
Non-delivery penalty: 5% of the contract value
Please issue your official "FCO"