Model Number

R50-R65 - HMS 1.2

SOFT OFFER: Date: Aug 23, 2008 valid for 7 day_

Description: Heavy Melting Steel; steel scrap including and not limited to plates, beams, rods, structural steel, used rails unless the product is limited to only rail. Only atmospheric rust allowed and no heavy rust is allowed.

Chemical Composition:  ISRI standard 200-206 (HMS1-2)        R50-65 (Used Rails)

Origin: CIS, EUROPE , AMERICA or SOUTH AMERICA

Delivery Time: 30-45 days

Inspection: SGS by seller. CIQ and CCIC at sellers expense if required, at the loading Port and not to be part of the payment documents

Buyer Quotes Length: Cut of the rails on the ICPO. No extra charges for this

Loading Port: As designated by the seller. It will be known in the final contract 

Guarantee: 2% PB

Quantity:  Minimum order 30,000MT x 12 Months  - Quantity Options: 30,000MT / 60,000MT / 90,000MT 

Packaging: Loose -- Bulk 

Price (CIF Basis Only):

USED RAILS:  

30,000MT x 12 months: USD $359 /

MT 60,000MT x 12 months: USD $354/

MT90,000MT x 12 months: USD $349/MT 

HMS 1&2 (80%/20%)

30,000MT x 12 months: USD $349 /MT

60,000MT x 12 months: USD $344/MT

90,000MT x 12 months: USD $339/MT  

Commissions: This offer inclusive 1.50 USD for buyer group, no more. No over price accepted. 

Payment terms:  The payment terms are "Irrevocable, Confirmed, Transferable, Revolving [monthly shipment by shipment] Letter of Credit, Payable 100% at Sight from a top 50 world bank, acceptable to the seller.AND, for NON TRANSFERRABLE confirmed, revolving 100% LC at sight; add extra $10 to the offer prices.