hi,

we are company of agents for sale of scrap iron specifications r50/r65. we are workingon sales contract with a penalty clause for both parties.keeping brokers rights.

.product name:used rail scrap r50 r65
.quantity 24 million tons
1.moq; 1 million tons
2.origin: middle east
3 price: 1 million metric ton 230$, 5 million ton: 210$, 10 million tons and above:180 $ cif aswp

procedure:
1. loi from buyer.
2. fco from seller.


3. icpo from buyer on soft verification by sellerbank


4. spa draft from seller for verification and modification if any.
5.buyer will sign and seal spa and return it back to seller.seller will sign the final and send hard copy to buyer through courier. buyer send mt 705 through buyers bank using swift messaging system confirmation of fund and request for site visit proof of product if needed through swift message from buyers bank to sellersbank
6. seller issues performa invoice to buyer.
7. buyer will issue irrevocable confirmed dlc mt700 in favor of seller.
8. buyer can visit at the time of loading at the loading port
9. third party inspection of goods (sgs) at loading port by seller.
10. shipment commences.
Tariff conditions : 180$

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