We kindly wish to confirm with full corporate responsibility, that we, Marimpex Sp. z o.o., are ready, willing and able to transact and sell the commodity with the following specifications, terms & conditions. Sales and purchase will be conducted based on the international procedures :

A.- PRODUCT
     
Product : HMS1&2 80:20 ISRI Code 200-206
Origin :

Poland
Specification :

Steel Scrap for smelting
   

See Appendix 1 Technical Specification.
 

B.- DELIVERY

     
Quantity :
6.000-1.000.000 per year
Delivery :

500-15.000 mt shipments / annual or spots

Delivery date :
30 to 45 days after the payment instrument are on
Packing :

in bulk or container 20 dv 20-22mt netto
Destination :

CIF ASWP
Rate of shipment :
As per contract
Inspection :

Inspection of goods will be confirmed on a certificate issued by the independent International Survey Company ‘SGS’, at Seller’s expense at loading port.

C.- PRICING
     
Prices : EUR 365 – in bulk / Ex Work Poland
  : EUR 380 – container / Ex Work Poland
    Loading ports: Gdynia or Szczecin, Sea Ports of Poland
     
 

D.- PAYMENT TERMS

     
Payment terms :
 
:Monthly amount of delivery has to be realized as follow:
100% as from the operative, irrevocable, transferable Letter of Credit, payable 100% ‘at sight’, against: B/L, Q and Q certificate, commercial invoice, issued or confirmed by current ranking top of 25 world bank, open within 7 days after final Contract date, signed by both parties in mail copy.
 

The Procedure /by electronic post organized/:

 
1.
The Buyer issues the Irrevocable Corporate Purchase Order /ICPO/ or the Letter of Intent /LOI/ with the BCL, issued or confirmed by one of top 25 world bank and sends to the Seller within 72 hours.
2.
The Seller issues the Formal Corporate Offer /FCO/ and sends to the Buyer.
3.
The Buyer signs, seals and sends back the FCO to the Seller within max. 48 hours.
4.
The Seller issues the draft Contract and sends to the Buyer.
5.
The Buyer returns the draft Contract, revised to the Seller within 24 hours.
6.
The Seller reviews and confirms the changes made by Buyer. If acceptable, issues the final Contract and sends to the Buyer, signed and sealed with the proforma commercial invoice.
7
The Buyer returns the final agreed, signed, sealed within 24 hours. The L/C for the amount of delivery volume is open in Seller’s favour within 7 days from the date of the Contract. The next deliveries are guaranteed and paid the same way: L/C opens every 7 days from the proforma invoice date, base on mail copy.
8.
If hard copies are required, the Seller will send by courier or registered post, immediately to the Buyer, signed and sealed.
9.
The Contract is executed.
     
 
 

HMS 1 - IRSI Code 200

●

Heavy melting steel. Wrought iron and/or steel scrap ¼ inch or steel scrap ¼ inch and over in thickness. Individual pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging.

 

HMS 1 - IRSI Code 201

●

Heavy melting steel 3 feet x 18 inches. Wrought iron or steel scrap ¼ inch over in thickness individual pieces not over 36 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.

 

HMS 1 - IRSI Code 202

●

Heavy melting steel 5 feet x 18 inches. Wrought iron or steel scrap 1.4 inch and over in thickness individual pieces not over 60 inches x 18 inches (charging box size) prepared in a manner to insure compact charging.
 

HMS 2 - IRSI Code 203

●

Heavy melting steel. Wrought iron or steel scrap, black and galvanized. 1/8 inch and over in thickness, charging box size to include material not suitable as No.1 heavy melting steel. Prepared in a manner to ensure compact charging.
 

HMS 2 - IRSI Code 204

●

Same as IRSI 203 but max size 36x18 inches.

 

HMS 2 - IRSI Code 205

●

Same as IRSI 204 but free of sheet iron or thin gauged material.
 

HMS 2 - IRSI Code 206

●

Same as IRSI 204, but max size 60 x 18 inches.