Used rail scrap R50 R65/Bulk HMS 1&2 Used Rail
Used rail scrap R50 R65/Bulk HMS 1&2 Used Rail
Used rail scrap R50 R65/Bulk HMS 1&2 Used Rail
Used rail scrap R50 R65/Bulk HMS 1&2 Used Rail

Used rail scrap R50 R65/Bulk HMS 1&2 Used Rail

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Price:$210.00

Quantity:


Product Overview

Description


30,000Mt x 12 Month contract. CIF 360.00usd please contact as prices could change.

Loading Port is in South Africa

No upfront Fee's

payment term DLC

Inspection

SGS or Equivalent. Seller’s expense at loading port. Buyer’s expense at discharging port.

Origin

South Africa / Seller’s   Option

Loading Port

Durban Port, South Africa / Seller’s Option

UnloadingPort

XXXX Port, Country Name

Delivery

CIF, INCOTERMS   2010 or Latest

Payment

Irrevocable, Transferrable DLC100%   payable within seven (7)   working days after arrival of goods at discharging port and   CIQ/SGS at unloading.

Performance Bond

For 1st   month, 2% PB will be issued.For rest months, there is No PB.

 

Non Negotiable PROCEDURE:

  1. The Buyer issues ICPO, NCNDA/IMFPA and Buyer Passport Copy.
  2. The Seller sends Draft Contract to Buyer.
  3. The Buyer signs and returns contract within two (2) working days with amendment.
  4. The Seller signs and sends final contract to Buyer within two (2) working days from its receiving from Buyer.
  5. The Buyer and the Seller lodge final contract to their respective Bank. And the Buyer issues Irrevocable, Transferable DLC as per contract (DLC money value = Unit Price × 1Month Delivery Amount ) to the Seller Bank within three working days (3) from receiving final Contract.
  1. 6. After receiving DLC from Buyer Bank, the Seller also sends “Invitation Letter” and POP to Buyer and allows Yard/Loading Visit. At this Yard/Loading Visit, Seller shows Used Rails in their Yard or Loading Port. The Seller returns NCNDA/IMFPA to Buyer and intermediaries with sign/seal.
  2. 7. The Seller commences Loading and shipment. The Buyer also attends loading and SGS at the loading port.
  3. 8. The Seller negotiates DLC at discharging port and CIQ/SGS at unloading as per contractual terms. For this, Buyer should do CIQ/SGS within seven(7) working days after arrival of goods at discharging port.

 

 For 1st Trial Shipment, Buyers Transferable DLC should be issued Non-Operative and 100% payable within seven (7) working days after arrival of goods at discharging port and CIQ SGS. This DLC will be activated by Sellers 2% PB. This PB will be provided only for 1st shipment or Trial to prove performance  

 

This DLC will be activated by Sellers 2 percent Performance Bond. This Performance bond will be provided only for 1st shipment or Trial to prove performance 

 

 For rest months, Transferable DLC should be issued Operative because there is NO PB from the Seller. This Transferable DLC can be 100percent payable within seven (7) days after arrival of goods at discharging port and CIQ/SGS.

 

Please Reply for the updated offer

 


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