Commodity: Used Rail Scrap cut length 1 - 1.5 Meter. (Only for the Market of India and Pakistan).
Specification: As outlined in the attached technical specification document (Appendix 1).
Initial Quantity Trial: 10,000 MT.
Contract: Minimum of 10,000 MT monthly x 12 months.
Origin: Turkey.
Loading port: Izmir port, Turkey.
Contract: One trial shipment followed by a 12-month agreement, renewable for the same period.
Packing: Container or Bulk shipment as per buyers requirement.
Insurance: 110% of 1 (one) month value of goods.
Price: 350 USD per MT, CIF India and Pakistan.
Inspection: SGS or equivalent.
Payment terms: DLC MT 700 (Operative & Transferable) as payment guarantee (collateral) and bank transfer MT103 payment after inspection (at sellers cost) at the loading port.
Incoterms: CIF Incoterms 2020.
Shipping Marks: As per buyers requirements.
The buyer can send the LOI with his letterhead addressed to GREENBOX GROUP SG, with attention to Mr. Luis Neto , with the exact terms of this SCO, together with the buyer's CIS/KYC and company registration.
