Used Rails R50 – R65 (ISRI CODE 27)

Specification:

The Rail shall conform to and will be used Rail Steel- Standard section
"T" rails original weight 50 Kg. Per meter or heavier. Each Rail unit
will be straight, and without bending or winding. Free from mud, dust,
fluff, nonferrous inclusions, excessive rust and other impurities. Free
from any radioactive materials, any harmful chemicals, substances, and
coatings, any organic waste and any other harmful substances. Dirt,
dust rust, fluff and otherimpurities not allowed over 1%.

Standard: Used Rails (100%): ISRI CODES R50-65 R50-R65, R50 (GOST 7173-75), 51.67kg/M, R65 (GOST 8165-75), 64.72kg/M

Chemical Composition of used rail (100%):
Steel Rails Scrap/Railroad Ferrous Scrap (R-50/R-65) 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
Iron Balance
HMS 1&2 (ISRI 200-206)

Specification:

Terms of Payment Type for YEAR CONTRACT

(For NON-TRASFERABLE L/C price increased for USD MT 10) Fully Funded
irrevocable, transferable, confirmed, unconditional, auto-revolving
documentary Letter of Credit payable 100% at sight, with a validity of
12+1 months (in caseof delay), by face each shipment, issued and/or
confirmed by a Western European and/or
USA prime 25 Bank with full
assurance for the term of the contract. All payments will be made in
the form of cashable TT telex transfer, within three (3) days from
presentation of the required documents as Commercial Invoice, Ocean
Bill of lading, SGS certificate issued at loading port

Or

By
Bank Guarantee (BG) or SBLC irrevocable, transferable, confirmed,
unconditional, auto-revolving, value three monthly deliveries and with
a validity of 12 + 1 months (in case of delay) , issued and/or
confirmed by a Prime Western European and/or U.S.A. Bank with full
assurance for the term of the contract. All payments will be made in
the form of Documentary Letter of Credit (DLC) or TT bank wire
transfer, within three (3) days from presentation of the required
documents as Commercial Invoice, Ocean Bill of lading, SGS certificate
issued at loading port.

Origin: Europe – Brazil – Canada - Australia

Prices: CIF ASWP

Price
is subject to change without notice, unless a contract is registered
with the seller. Then the price is locked for whole contract duration.

Performance Bond (PB) max two percent (2%) performance bond will be issued within 7 - 10 banking days of receiving acceptable financial instrument.

Inspection:
SGS, CCIC certificates of quality and quantity, radioactivity and all
shipping documents listing in the Contract would be issued in the port
of loading yard and port of loading visit: Visit of Goods, after
opening nonoperative.

Terms of Payment: only at loading port

General Procedures: of Scraps, as Rules of ICC of Paris Side issues Soft Offer on eventually request.

1-Buyer
issues LOI + Soft Probe and included evidence of financial instruments
that will used for payment, delivery port and eventually cutting for
Used Rails
2-The Seller issues Full Corporate Offer (F.C.O.) to the Buyer
3-The Buyer issues I.C.P.O. with Bank information's and/or Bank Compatibility Letter (BCL) or RWA
4-The
Seller issues Draft Contract to Buyer for comments and acceptance; the
Buyer signs, seals and return the contract and adds full Banking
information's
6-The Seller signs, seals, and send to the Buyer the contract by e-mail copy, sent by e-mail shall be considered as an original
7-After Contract signed, Seller will shipped for copy of Draft Contract with international courier to the Buyer.
8-Within
five (5) banking days after the final hard copy contract signature, the
Buyer opens a Bank Instrument not-operative (copy to send to the seller
mail or fax for acceptance); the Seller, within five (5)
banking
days from the receipt of the Bank Instrument not-operative and Seller
will issued not operative Performance Bond of 2% (not more) of said
Bank Instrument value
9-Seller's bank and Buyer's bank will exchange POF against POP.
10-Delivery
and shipment commence as per the terms and conditions of the contract.
Prices, offers and Goods are all CIF ASWP, and are subject to change
without notice, unless a contract is registered with the seller.

Then the price is locked for whole contract duration. We are also disponible for your better guaranty:

- a eventually TTM in Rome, after Draft Contract signed, for signed
Final Contract and - at eventually Visit of Goods, after opening
non-operative Terms of Payment, only at loading port, before Buyer bank
opening operative payment instruments .