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PRODUCT : used R50-R65 rails cut by casting to 1.20-1.10 meters / total quantity 625,000 tonnes (can be increased to 1,000,000) in blocks of 6 tonnes each, duly packaged and intended for loading via naval hook and tackle. Initial load 25,000 T, then 50,000 T/month. INCOTERMS Payment Terms FOB Test Shipment : Full Value, Irrevocable, Transferable, Confirmed and Paid LC (MT700), covering 100% of the FOB for the test shipment.
Payment terms for each monthly delivery : Payment upon presentation of BL/SGS/Q&Q/commercial invoice/COA via MT103.
Payment Guarantee for Monthly Deliveries : Exceptional letter of credit from a top-rated bank. with LC Bank Top International. Long-term annual contract.
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