Used Rails-Purchase

We are after the following; the sale of used rail and request an offer under the following conditions;

Origin:UK,Europe
Length of Used Rail:1.5 Meter.
Quantity : 30,000 MT per Months X 12
Target price: around US$260/MT CIF South Korea

Payment terms: The payment will be made against all shipping documents by TT 100% within 7 banking working days after SGS inspection at destination port and secured by Confirmed Conditional Bank Guarantee(valid for 15 months) to cover two month shipments

Delivery time:30 - 45 days

Our Procedures:
1. Buyer accepts the seller's Offer and issues an ICPO/LOI.
2. Seller issues Full Corporate Offer
3. Buyer signs and seals Full Corporate Offer.
4. Seller issues draft contract
5. Buyer signs/seals contract and return if acceptable as final.
6. Buyer's bank issues Proof of Funds(POF) by SWIFT MT799 to Seller's bank.
7. Seller's bank issues Proof of Product(POP) to Buyer's bank.
8. Buyer visits the Seller's scrap yards
9. Buyer's bank issues the Non-operative BG to the Seller's bank.
10. Seller's bank issues the Performance Bond(2%) of the shipment value of Goods.

The visitation of the Seller's yards after the signed contract is needed(before BG),if seller can't agree visitation before BG,please ignore this requirement.

Thanks and Best Regards