Used Rail Scrap - Isri R50-r65 Quality, 160,000 Mt Monthly Supply, Sgs Inspection Included, 30-45 Days Cif Delivery

We are instrumental in providing to our valuable customers excellent quality Used Rail Scrap which is available with following specification:-
Commodity: Used Rail Scrap (ISRI R50-R65)
PRICE. 323 USD$ per MT
Quantity: 160.000 MT x 12 Months.
Countryof Origin: Russian Federation
Delivery terms: 30 to 45 days, CIF Europe
(if Spain: Barcelona/Bilbao/Valencia)
Destination Port: ASWP (Any safe world port)
Packaging: bulk.
Payment terms: Payable in USD$
IRDLC / Documentary Letter of Credit
Inspection: By SGS or mutually equivalent.
Insurance: 110% of cargo value

PROCEDURE:
1.-Buyer issue an ICPO(Irrevocable Corporate Purchase Order) with full Banking details and
granting permission to seller to conduct soft-probe +NCNDA/IMPFA.
2.-Seller issues FCO to buyer.
3.-Seller issue electronic version of draft contract for buyerA's signatory and amendment if any.
4.-Seller and Buyer lodges contract to their respective bank.
5.-BuyerA's bank will issue MT799 (Proof of Fund) to SellerA's bank
6.-Seller sends POP documents to buyer.
7.-BuyerA's Bank Swift Operative SBLC MT 760 to Seller Bank.
8.-SellerA's Bank reply with a 2% Performance Bond to buyer bank, and issue Proof of Product
(POP) via Swift to buyerA's bank.
9.-The SGS inspection will be borne by the Seller at the loading seaport and Buyer at the .