We Atbeko limited explain hereby that it is our intention to enter in a contract and we confirm, further that we are ready to purchase the following commodity with the specifications and the total quantity for the target price as specified in the conditions and terms stated below.
Commodity: Deformed Steel Bar A500s
Total quantity: 30 0000 metric tons
Origin: Russia / Ukraine / Turkey / Iran, other
Shipment: 10 000 m/t each shipments single/monthly continuous, during 3 months
Port: Any Mediterranean port
Packing: Diameter: 6, 8, 10, 12 as bundled
Target price: 540 USD CIF
Payment Terms:
Payment by irrevocable, transferable, divisible, assignable and auto-revolving a confirmed standby Letter of Credit 100% payable at sight in your bank against presentation of shipping documents per ship/contract.
Guarantee for the 2% Performance bond of the L/C Value of each shipment.
Inspection:
Pre-Shipment Inspection certificate issued by NORM-ISO/SGS Inspection Company on sellers account