Cis - Metal
Company Description
Commodity: Hot rolled square steel billets
Specifications: Grade 3sp/PS,5sp/PS.
Quality: According to gost 380-94.
Origin: Ukraine or russia
Size: Any
Contract period:12 months.
Quantity:10,000 mt/month and more
Price:220 USD/mt FOB russian port
Delivery terms: FOB any black sea port of ukraine.
Inspection: Sgs or equivalent at seller's cost at port of loading.
Delivery: First shipment to begin within 45 days after receipt payment stipulated by the contract. Following shipments every 30 days as per schedule agreed by the parties.
Payment-1: Advance payment by tranches in the amount of every 6 months shipment value against 1st class western bank guarantee for 100% + 6%(bgformat and bg issuing bank to be preliminary agreed/approved with/by buyer's bank).
Payment-2: Top-50 bank guarantee covering 6 month shipment value.
Procedures: After buyer's company letterhead loi is received signed&sealed1. Seller issues to buyer signed&sealed fco.
2. Buyer signs and seals with corporate stamp fco and returns with bank endorsed icpo or bcl(formatr40).
3. Seller issues a draft contract for buyer's approval.
4. Seller and buyer exchange final hard contract copies signed&sealed, by courier.
5. Buyer's bank sends a proof of funds letter to seller's bank.
Seller s bank sends confirmation of readiness to issue bg along with proof of product.
Seller's and buyer's banks finalize the banking procedure.
6. Buyer and seller follow procedure stipulated by contract.
Contact info
- Contact Person: Mr. Evgeny Sergeev
- Job Title: Director
- Telephone:
- Fax Number:
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