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Nanjing Iron & Steel Co., Ltd.

Supplier From China
Jul-07-20
Supplier : 1. Shipbuilding Plates: A, B, AH32, AH36 etc. 2. Pipeline Plates: X42, X52, X60, X70 etc. 3. Construction Plates: S355JR, S355J0, S355J2, S355K2, S235, S275, A36, A283C, SS400, A572Gr50, Q345B, Q355B, SM490A, SM490B etc. 4. Wind tower: S355JR, S355J0, S355J2, S355K2 etc. 5. Wear: NM400, NM450, NM500 etc. 6. Container: A516Gr60, A516Gr70 etc.

Established: 1958

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Contact Details:
Xingfu Road 8, Dachang District
Nanjing
China


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Below present our general procedures for the purchase and sale of sugar of Brazilian origin:
1- Buyer issues a Letter of Intention (LOI) addressed to Seller;
2- Seller issues a Soft Corporate Offer (SCO);
3- If Buyer accepts SCO, signs and seals SCO and then sends to Seller;
4- Seller issues Full Corporate Offer (FCO);
5- Buyer signs and seals FCO and issues an Irrevocable Corporate Purchase Order (ICPO), addressed to Seller;
6- Seller issues draft of Sale and Purchase Agreement (SPA) to be discussed and commented;
7- SPA is signed by Seller and Buyer;
8- Buyer issues draft of the Payment Instrument (SBLC/DLC) for approval by Seller�´s Bank;
9- If Seller�´s Bank accepts, Buyer issues the bank guarantee (SBLC/DLC);
10- Seller issues Performance Bond (PB) 2%;
11- Seller prepares the product and export documents;
12- Buyer receives the export documents by mail;
13- Buyer makes payment 100% to Seller ´s Bank through transfer bank (Swift Message MT-103);
14- Shipping;
15- Seller sends the original export documents to Buyer;

Please contact for full specs on quantities, delivery terms, etc...

NOTES:
The financial instrument (SBLC / DLC) must be issued by the Top 50 Bank in the world ranking.

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