COMMODITY:

USED RAILS R50 – R65 AS PER INTERNATIONAL STANDARD SPECIFICATIONS.

COMPOSITION:

NORMS: R-50 GOST-7173-75 AND R-65 GOST-8165-75. THE SCRAP CONSISTS OF R-50 (51.67 KG/M) R-65 (64.72 KG/M) USED RAIL, FREE FROM CONCRETE, DIRT, AND FOREIGN MATERIAL OF ANY KIND. NO RADIATION.RATIO OF 50% EACH R65 AND R50 IN SHIPMENT.

CONTRACT DURATION: THE CONTRACT DURATION IS FOR 12 (TWELVE) MONTHS WITH POSSIBLE

ROLLOVERS AND EXTENSIONS SUBJECT TO PARTIES APPROVAL.

CIF TO PORT C.I.F. ANY SAFE WORLD PORT.

PRICE OF PRODUCT:

PRICE: USD290.00/MT (TWO HUNDRED AND NINETY UNITED STATES DOLLARS PER METRIC TON)C.I.F.

THE PRICE WILL BE REVIEWED ANNUALLY, AND INCREMENTS WILL BE MARKET RELATED.

ARTICLE 9 - PAYMENT TERMS:

THE PAYMENT WILL BE MADE IN THE FORM OF A 100% STANDBY LETTER OF CREDICT (SBLC) OR BG

THE 100% STANDBY LETTER OF CREDICET (SBLC) /BANK GUARANTEE (BG) WILL BE OPENING BY SELLER

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