SOFT CORPORATE OFFER
We on behalf of the Seller, confirm that we are ready, willing and able to supply the following commodity according to the terms and conditions in this full corporate offer.
HMS 1&2 (80/20) IRSI 200-206
30,000 – 50,000 MT X 12 MONTHS 360 USD CIF/ASWP
STANDARD PROCEDURES. NOT NEGOTIABLE
1.- Buyer confirms Soft Offer and issues ICPO with bank soft Probe & with BCL
2.- Seller issue FCO and NCNDA
3.- Buyer signs and returns to seller
4.- Seller issues Draft Contract
5.- Buyer and seller signs
6.- Seller issues to buyer an INVITATION letter to visit the yard
7.- Seller issues partial proof of the product ( POP) via SWIFT to buyers Bank
8.- Buyers bank issues Pre-Advice L/C to sellers bank for review and acceptance
9.- Buyers Bank issues Non-Transferable/ Transferable Non operative LC 100 % payable at sight against the presentation of the shipping documents to bank
10.- Sellers bank reply with 2 % PB to activate the LC
11.- SGS Inspection at loading Port at sellers cost
12.- Shipment commences as per the contract delivery per shipping releases payment to the seller. Shipment delivers per shipping schedule program via swift fund transfer whiting 7 banking days after the discharge of cargo and receipt of the relevant shipping documents.
PRODUCT DESCRIPTION AND SPECIFICATION
Seller guarantees to the Buyer that the Goods delivered under the present Contract shall correspond to the characteristics shown below: ISRI USA GOST 2787-75 Russia
HMS 1&2 (80/20) IRSI 200-206
Steel scrap defined as HMS 1 & 2 in an 80/20 mix under IRSI codes 200 through 206. Nonmetal impurities total 1% (one percent) or less - no
radiation, arms, ammunition, bombs, shells, mines, cartridges, sealed gas cylinders. High carbon steel is not included in this scrap -we sell that
as a separate item.
HMS 1 - IRSI CODES
HMS 1 - IRSI Code 200: Heavy melting steel. Wrought iron and/or steel scrap ¼ inch or steel scrap ¼ inch and over in thickness. Individual
pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging.
HMS 1 - IRSI Code 201: Heavy melting steel 3 feet x 18 inches. Wrought iron or steel scrap ¼ inch over in thickness individual pieces not over
36 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
HMS 1 - IRSI Code 202: Heavy melting steel 5 feet x 18 inches. Wrought iron or steel scrap1.4 inch and over in thickness individual pieces not
over 60 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
HMS 2 - IRSI CODES
HMS 2 - IRSI Code 203: Heavy melting steel. Wrought iron or steel scrap, black and galvanized. 1/8 inch and over in thickness, charging
box size to include material not suitable as No.1 heavy melting steel. Prepared in a manner to ensure compact charging.
HMS 2 - IRSI Code 204: Same as IRSI 203 but max size 36x18 inches.
HMS 2 - IRSI Code 205: Same as IRSI 204 but free of sheet iron or thin-gauged material.
HMS 2 - IRSI Code 206: Same as IRSI 204, but max size 60 x 18 inches.
Origin: Russia, Ukraine, Asia, South America.
Port of loading: to be mentioned in the FCO
Delivery Period: 25 to 30 days
The following documents will accompany the used rail on Loading Port-
1. Commercial Invoice
2. SGS Certificate
3. Certificate of Decontamination
4. Export Permit Certificate and Export license
5. Certificate of Ownership
6. Certificate of Origin issued and endorsed by Government.
7. One original certificate of weight.
8. Certificate of Guarantee and Immunity,
9. Original copy of bill of lading.
10. Certificate of Non Radiation
11. Copy of cable or Fax sent to the Buyer within forty eighty (48) hours after loading of the product, advising particulars of shipment including: name of commodity, quantity, weight, value, number of contract,
12. Copy of JSC RUSSRAIL contract to transport the product to the port. , Railways Wagon manifest documents.
13. Copy of the port storage agreement.
14. AQSIQ Certificate.
