Steel Used Rail R50-R65

Performance Bond:      2% before operative Letter of Credit

Inspection:       Quantity, Quality, Weight by SGS Inspection Company at the time of                           loading

                        payable at sight in USD, from top 50 World Banks

Payment:          Irrevocable, Divisible, Transferable, Revolving Letter of Credit (LC), 

Inspection:       Pre shipment allowed after opening of Non-Operative LC

                        (45 days max. from opening of LC)

Delivery:          CNF, ASWP

Price:               USD $ 278 per MT (Tw Hundred and Seventy Eight US Dollars per                   Metric Ton) per Month

Shipment:        Min. 60000 MT/Month in 10 monthly shipments, with rollovers

Quantity:          600000 MT

Product:           Steel Used Rail Scrap  R50-R65, 6 meters to 12 meters in length

Steel Used Rail Scrap R50-R65, 6 meters to 12 meters in length