Concept Financial Services Limited T/A 360 Trade

Company Description

Supply Contract: 30 000MT per month for 12 months ONLY


The rails are of Ukrainian and Canadian orign.
The Rail shall conform to ISRI CODES R50-65 and will be Used Rail Steel Scrap - Standard section "T" rails original Concept Financial Services Limited T/A 360 Tradeight 50 pounds per yard or heavier. Material will be full length rail 6 meters to 12.5 meters in length and will be free from mud, dust, fluff, non ferrous inclusions, excessive rust and other impurities. Free from war and explosives, shells, cartridges, other arms and ammunitions used or otherwise and any closed containers. Free from any radioactive materials, any harmful chemicals, substances, and coatings, any organic waste and any other harmful substances. Dirt, dust rust, fluff and other impurities not allowed over 1%.

Used Rail Chemical Analysis:

R50 - 51.67 kg/m GOST 7173-75

C          0.67 - 0.8%
Mn        0.75 - 1.05%
Si         0.13 - 0.28%
P          0.035% max.
S          0.045% max.
Ar         0.15% max.


R65 - 64.72 kg/m GOST 8165-75

C          0.60 - 0.82%
Mn        0.75 - 1.05%
Si         0.13 - 0.28%
P          0.035% max.
S          0.045% max.
Ar         0.15% max.

Payment procedure:
(a) Buyer send MT199 to Seller bank for contract
     value
(b) Bank (HSBC) sends proof of product to Buyers
     Bank
(c) Buyer pays first shipment payment in Escrow
(d) Seller start cutting and transports to port
(e) Seller issues SGS, Certificate of Origin, B/L,
     Invoices
(f) Escrow released in favour of Seller upon ship
    entering Buyers waters of port of discharge as
    advised by shipmaster
(g) Subsequent payments may be via LC
    dependant on Seller's Bank acceptance

Please state target price based upon above