HMS1/2 80%-20% Minimum Quantity : 5,000MT X 12 MONTHS Delivery : CIF/AWSP Price :SEE BELOW TABLE Payment : NON TRANSFERABLE DOCUMENTARY L/C. Origin : UK / SPAIN Packaging : BULK - CONTAINER CONTRACT PROCEDURES 1. BUYER SENDS LOI/ICPO WITH FULL BANKING DETAILS WITH PERMISSION FOR SOFT PROBE. 2. SELLER SENDS FCO TO THE BUYER. 3. BUYER SIGNS FCO AND SENDS TO SELLER. 4. UPON ACCEPTANCE OF DRAFT CONTRACT, BUYER AND SELLER EXECUTE THE CONTRACT. 5. BUYER AND SELLER SIGN NCND AND MFPA. 6. AN ESCROW COMPANY IS APPOINTED TO BE INSTRUCTED BY SELLER 7. BUYER AND SELLER DEPOSIT 3% OF THE FIRST SHIPMENT TO THE NOMINATED ESCROW SERVICES. OR 7A.BUYER CAN ALSO USE TRANSFERABLE ONE MONTH BG OR SBLC AS GUARANTEE INSTEAD OF ESCROW ARRANGEMENT. 7B THE SBLC WILL BE REFUNDED AFTER THE RECEIPT OF DLC. 8. SELLER’S BANK ISSUE FULL PROOF OF PRODUCT TO BUYER’S BANK 9. SELLER ISSUES INVITATION TO BUYER FOR YARD VISIT (optional). 10. BUYER ISSUES IRREVOCABLE NON-TRANSFERABLE DOCUMENTARY LETTER OF CREDIT TO SELLER BANK WITHIN FIVE WORKING DAYS. 11. SELLER’S BANK ISSUE 2% PB TO THE BUYER’S BANK WHICH WILL AUTOMATICALLY ACTIVATE THE DLC. 12. THE SGS INSPECTION WILL BE BORNE BY SELLER. 13. SHIPMENT COMMENCE AS PER CONTRACT. 14. SELLER RELEASES PAYMENT TO ALL BROKERS/AGENTS SAME TIME OUT-TURN SHIPMENT DELIVERED PER SLOT VIA WIRE TRANSFER WITHIN 3 BANKING DAYS AFTER DISCHARGE OF CARGO AND RECEIPT OF ALL RELEVANT SHIPPING DOCUMENTS. NOTE: THE SELLER HAS ALSO PURCHASED MARINE INSURANCE (FROM A TOP MARINE INSURANCE COMPANY) FOR 110% VALUE OF ONE MONTH’S SHIPMENT. THE BUYER WILL HAVE A COPY OF THE POLICY DECLARATION PAGE IN THEIR POSSESSION BEFORE THE PRODUCT SPECIFICATIONS: Steel scrap HMS 1&2 80% 20% HMS 1&2 200-206 (Mix of 80% HMS1 and 20% HMS2) The scrap consists out of a mix of mill scrap (stampings, cuttings, bars, etc.), Industrial Scrap (nuts, bolts, misc. pieces, etc), auto and truck frames and bodies, railroad scrap (Wheels, axles, parts of locomotives and carriages, etc.), ship scrap (fittings, plate pieces, Parts), construction scrap (plate, bars, angle pieces, rods, steel pipe, etc.) and Miscellaneous commercial scrap (appliance casings, frames and parts, etc.). Non-Metal Impurities total of 1% (one percent), or less. The steel scraps will be totally free from any types of bombs, arms and ammunition, torpedoes, mines, shells, cartridges, sealed containers or tanks or envelopes, gas cylinders, explosive shells or explosive materials in any form. The scraps shall be free from admixtures such as slag, dross, trash, lubricant, grease, rubber, plastic, oil part, asphalt, wood, chemical and other impurity. HMS 1 - ISRI 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 - ISRI 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 - ISRI Code 202: Heavy melting steel 5 feet x 18 inches. Wrought iron or steel scrap ¼ 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 - ISRI 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 - ISRI Code 204: Same as ISRI 203 but max size 36x18 inches. HMS 2 - ISRI Code 205: Same as ISRI 204 but free of sheet iron or thin-gauged material. HMS 2 - ISRI Code 206: Same as ISRI 204, but max size 60 x 18 inches Norms: HMS 1/ 2 ISRI 200-2006 Packing: BULK/CONTAINRIZED. The scrap consists of HMS 1/ 2 ISRI 200-206(80% HMS 1 and 20% HMS 2) The following documents will accompany the Goods on delivery: 1- Ownership of title. 2- Quality certificate issued by SGS. 3- Certificate of Origin. 4- Customs Declaration. 5- Copy of export license. 6- Commercial invoice. 7- AQSIQ License. PRICE 5,000 X 12= USD 325 CIF 10,000 X 12= USD 315 CIF 15,000 X 12= USD 305 CIF 20,000 X 12= USD295 CIF 30,000 X 12= USD285 CIF 50,000 X 12= USD270 CIF