Date, April 2012

CRONOS promotions and cooperation whith seller services, confirm
We are ready, willing and able to sell her used Rails R50: R65 according to the specification and to
the price as specified in the terms and conditions as indicated

Commodity: used Rails R50-R65
Duration of the contract: 12 months
Amount: 360,000 tonnes/year
Monthly amount: 30,000 Ton / month X 12 months.
Specification: Used Rails R50-R65,
Delivery: CIF
Price: 350 $/ MT CIF ASWP
Origin: Europe, America, Southeast Asia, South Africa, at the option of the seller.
Packing: Bulk sending
Inspection: SGS seller will provide SGS certification for the quantity and quality at the port of loading.
Performance bonus 2% of the value of the letter of credit in the form of Corporate

Be issued by seller SBLC-backed bail.

Payment: According to the method of payment chosen, in the port of shipment.

The contract is for a period of (12) months, with possible rollover and extensions of up to 60
months, subject to review of prices

SPECIFICATION uses the railway as GOST R50-R65
R50 (51.67 KG/METRE) GOST 7173-55
R65 (64.72 KG/METRE) GOST 8161-75
Chemical composition of steel scrap is of international level as follows;
MN: 1.05 0.60; O.82 C: 0.54; YES: 0, 18-0, 12; S: 0. 04Max; Q: 0. 035Max;


ACE: 0.01% maximum share of Max; and CR; Residual

The length of the Rails: 1, 5 m in length

CONDITIONS OF PAYMENT (NON-NEGOTIABLE)

We accept payment through one of the following forms:

A. the payment will be made by t/T in the space of five days, after the presentation
the corresponding documentation.
As a guarantee of payment and performance of contract, the buyer shall deliver in favour
the seller Stand By letter of credit (SBLC) for the value of the monthly delivery of three,
This SBLC must be totally without restrictions and 100% operational and free of
charges, transferable, non-divisible, not endorsable, guaranteed and confirmed
and for the duration of the above mentioned contract

Related Keywords : used rail