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Buy HMS or Used Rail 30,000MT X 12

Date Posted :	2009-11-25
Valid until :	2010-11-25

Membership :	Free member
Registration Date :	2007-08-09
Country/Region :	China

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We are looking for HMS 1&2(80%:20%) or Used Rail R50-R65.

Origin: Europe or North America or Seller's option
Location of scrap: Africa or Europe or North America or Seller's option

Length of Used Rail:1.5 Meter.
Quantity : 30,000 MT per Months X 12

Payment terms:By Non-transferable Documentary L/C(on month to month basis) or TT 100% within 7 banking working days after SGS inspection at destination port and secured by Confirmed Conditional Bank Guarantee(valid for 15 months) to cover one or two month shipments(or seller's option,No RDLC or deposit or any advance).

Delivery time:30 - 45 days
Delivery term:CIF

Our Procedures:
1. Buyer accepts the seller's Offer and issues an ICPO/LOI.
2. Seller issues Full Corporate Offer
3. Buyer signs and seals Full Corporate Offer.
4. Seller issues draft contract
5. Buyer signs/seals contract and return if acceptable as final.
6. Buyer's bank issues Proof of Funds(POF) by SWIFT MT799 to Seller's bank.
7. Seller's bank issues Proof of Product(POP) to Buyer's.
8. Buyer visits the Seller's scrap yards
9. Seller's bank issues the Non-operative Performance Bond(2%) of one month shipment value of Goods.
10. Buyer's bank issues the BG to the Seller's bank.

No long chains of brokers/agents please.

The visitation of the Seller's yards after the signed contract is needed(before Bank Guarantee/LC),if seller can't agree visitation before BG,please ignore this message.

Related Keywords: HMS , Used Rail

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