Export Metal Scrap | Metal Scraps Suppliers | Heavy Metal
Scrap Exporters | HMS1 Manufacturers | HMS2 Supplier | Used Rails
Wholesaler | Used Iron Rail Dealers | Bulk R*5 Scraps | R*0 Metal
Scrap Buyer | Import R*0 Scrap | Metal Scrap Importers | Steel
Scrap Buyers | Metal Scrap Importer | Buy Metal Scrap | Metal Scrap
Buyer | Low Price Metal Scrap | Cheap Metal Scrap
1. BUYER issues LETTER OF INTENT (LOI) to SELLER, complete with
permission to SOFT PROBE.
2. Buyer confirms this Soft Offer and issues an ICPO within 3
days and sends it to the Seller.
3. SELLER issues a FULL CORPORATE OFFER (FCO) with full
specification and schedule.
4. BUYER countersigns FCO with comments if there's any and
returns to SELLER with letter of
acceptance and agreement to seller's procedure.
5. SELLER issues a SALES AND PURCHASE AGREEMENT (SPA) or DRAFT
CONTRACT including
with NCNDA/MFPA for mandates if there's any.
6. Buyer signs and seals the draft contract and returns by
protected e-mail to Seller and Seller issues
the yard pictures.
7. Seller notaries and legalize the product officially with
the Russian ministry of energy and the Russian
chamber of commerce and negotiation with transaction code №.
from the ministry of energy Russia.
8. Seller issues 8 hard copies contract for final signatory,
both party exchange hard copies of contract
via courier. Seller and buyers’ lodges’ contracts in
respective banks.
9. SELLER issue a bank letter to confirm SELLER is ready and
able to issue a 2% PERFORMANCE
BOND and FULL PROOF OF PRODUCT within 5 banking days after
received BUYER’s non-operative
BG/SBLC/LC, OR BG/MT**3/M**0 or SBLC. If Seller fails to
supply the delivery of the goods according
to agreement, this 2% PB will be paid to the Buyer as
compensation.
*0. BUYER issues non-operative LC for first shipment within *0
working days. Within 7 working days,
Seller will invite Buyer to examine the goods.
*1. Delivery commences as per agreements in schedule, SGS
inspection certificate is issued, and the
shipment arrives at Buyer’s discharge port within *0 - *5 days
after the LC is received by the Seller‘s
bank.
