HMS 1 & 2
Steel and Aluminium Scrap
| Product Details |
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We are one of the largest Steel Scrap or Heavy Melting Steel Scrap (HMS 1 & 2) exporter in the world & we can arrange supply any quantity on spot or contract basis as per customers demand with the best price.
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| Procedures |
- Buyer sends a LOI/ICPO.
- Seller send FCO, Buyer sign/seal FCO
- Seller issues Draft Contract with banking details.
- Buyer sign/seal draft contract and return if acceptable.
- Buyer have face-to-face meeting with Seller and for signing final contract. The meeting place to be mutually agreed between Seller and Buyer.
- Buyers Bank issue non-operative DL/C to seller’s bank.
- Sellers bank issues 2% Performance Bond.
- Buyers bank issues the operative DL/C to the seller’s bank.
- Seller commences shipment.
- Buyers company should have all import permits and/or opening Licenses.
- Copies of all relevant permits and licenses should be sent to the seller.
- If the Buyer agrees to the above terms with loi/Icpo with Bcl then seller issue the fco & sales contract.
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