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USED RAIL TRACKS



WE GUARANTEE THIS A REAL END SELLER FOR USED RAIL

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We have serious end seller of used Rail provided you have serious buyer .

This seller giving 20% Performance Bond plus penalty Clause if seller or

buyer does not perform.



We required LOI/CP addressed to END SELLER OF USED RAIL REF 786/USR/001/BUGR



The price will be quoted as per quantity and profile of the buyer company



COMMODITY DESCRIPTION:



- Commodity: HMS-2, RAILS R50, R65.



- Price: USD$225.- (United States Dollars) per MT



- Delivery Terms: CIF to Any Designated World Safe Port



- Payment Terms:20% MT 700 at sight Confirmed, Revolving and Irrevocable LC



- Monthly Quantity: 1,000,000.MT



- Total Quantity:



12,000,000.MT



- Contract Duration: 12 Months



- Inspection: As Per SGS/Personal/Site



- Cut:12 to 12.5 Meters (To Buyers Request)



CHEMICAL COMPOSITION



*(R50/R65) Chemical composition shall be according to:



R50 GOST 7173.75 WEIGHT 51.67 KG/METER



Mn : 0.60% - 1.05%



C : 0.54 - 0.82%



Si : 0.18% - 0.40%



S : 0.04% - Max



P : 0.035% Max of mass share



AS: 0.01 Mix of max share



R65 GOST 8156.75 WEIGHT 64,72 KG/METER



C : 0.54%_0.82%



Si: 0.18%_0.40%



Mn : 0.60%_1.05%



S : 0.04%_Max



P : 0.035% Max of mass share



AS : 0.01 Mix of max share



QUANTITY



The contractual quantity of the commodity sold and purchased under this

agreement is Total Quantity of 12,000,000. Metric tons (MTs) with a

variation of plus-minus (5%) five percent as Sellers option. The total

quantity is equal to Contract of 12 months i.e. (1,000,000.MTs/MONTH



Months); with possible rolls and extension



PRICE AND PAYMENT TERMS



Payment terms: MT 700 at sight covering at least 20% of the total contract

value Confirmed, Revolving, Irrevocable LC with full guarantee from buyers

bank for the total con-tracts value of ,-USD on CIF BASIS LC MT700

Confirmed,Revolving,Irrevocable and will be based on a yearly LC value

coverage of ; (20% of 12.000.000MT) 2.400.000MT / x --- USD / MT Total LC

-----,- USD with full guarantee from buyers bank for the remaining 80% ( ,-

USD ) total contracts value / Or a 100% LC Coverage for the full amount --,-

USD.



Seller issues a Performance Bond Guarantee of 20% of the total contract

value as performance bond bank guarantee as PBG to the buyers account bank.



The PBG will be operative by the receipt of confirmed 20% LC as per attached

in the con-tract as addendum A by 20% of the total contract value.



The quality and the weight of the products/materials shall be ascertained

and certified by SGS at sellers cost in the loading and at buyers cost in

the destination ports.



1. Seller shall hire the SGS for the purpose of inspection

/surveying at the yard.



2. Quantity and quality assessments, conducted by the appointed

International Survey Company (SGS)shall be in accordance with methods and

procedures usually, and however, at all times, shall strictly comply with

the revised ASTM International Standards and Procedures applicable at the

date of inspection.



3. Import facility: All taxes or levies imposed by the country

of destination having any effect on this contract are on the buyers account

and his sole responsibility. Buyer shall secure import permission, all

permits, licenses or any other documents required by the government of the

importing nation. Further, Buyer/end buyer will bear all costs associated

with securing such documents.



4. PENALTY:-



5. Buyer has the right to collect the twenty (20%) percent

PBG, in the event Seller does not per-form as per this contract/agreement.

And in case Seller does not PERFORM or the DLC validity period expired

without performance.



photos for illustration purpose only

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