Re: Used Rail - Purchase

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Commodity: HMS 1&2
Used Rail R50‐R65
Origin: Europe, Asia, South America, North America. Seller's option.
Quantity: 30,000MT per month and the total of 360,000MT.
Contract Term: Consecutive 12 months / Spot is also available.
Packing: Bulk
Shipment: 30,000MT Vessel
Target Price: HMS 1&2 NET US$255.00/MT CIF AWSP
Uses Rail NET US$265.00/MT CIF AWSP
The price is subject to change. The price has recently going up.
Inspection: SGS at the loading port at Seller's expense
Delivery: Within 30 to 45 days after receipt of payment.
Yard Visit: Buyer can visit the yard with BCL and finance instrument verbiage from the bank
and commitment letter from the bank to release in within xx
days after the yard visit.
PB: 2%
Payment Terms: Irrevocable, SBLC equal to the value of 1 month shipment, payable at
sight valid for the period of 12 months and one (1) day from the date of issue. Payment for each
shipment shall be effected by Telex Transfer (TT) at sight upon presentation by the Seller of all agreed
documents
required for payment.
Procedure: 1. NCNDA is signed.
2. Buyer issues an LOI with banking details and soft probe
authorization.
3. Seller issues FCO/Draft Contract.
4. Seller and Buyer execute the contract.
5. Buyer opens Non‐Operative payment instrument.
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6. Seller sends 2% PB which activates the payment instrument.
5. Shipment commences as per the terms of contract.

Regards

Williams