COMMODITY : USED RAILS R50-65
SIZE PER METRIC TON : All Used Rail R50-R65. 12/12.5m only not cut-rail.
R50-R65USED RAIL SCRAP HS CODE : 73021090,
Specifications R50& R65ISRI CODES 27-29
The chemical compositionis the standard forR50 &R65 rails, original weight 50 pounds per yardor
heavier, 6 meters long and over.
Material to be suitable for re-rolling into bars and shapes. Free from bent and twisted Rails, frog, switch
and guard rails, rails with split heads and broken flanges. Continuous welded rail may be included
provided no weld is over 9 inches from the end of a piece of rail. Free from fluff, non- ferrous inclusions
excessive rust and other impurities. Free from war and explosives, shells, cartridges, other arms and
ammunitions used or otherwise and any closed containers. Free from anyradioactive materials, any
harmful chemicals, substances and coatings any organic waste, any otherharmful substances. Dirt, dust,
rust, fluff and other impurities not allowed over 5%.
ISRI-CODES:
Rail, steel No.1 Standard section T rails, original weight 50 pounds per yard or heavier, 10 feet longand
over Suitable for re-rolling into bars and shapes. Free from bent and twisted rails, frog, switch and
guard rails or rails with split heads and broken flanges. Continuous welded rail may be included
provided no weldis over 9 inches from the end of the piece of rail.
(28a) Rail, steel No.2 CroppedRail Ends, standardsection, original weight of50 pounds per yardand
over, 18inches long and under.
(28b) Rail, steel No.2 CroppedRail Ends, standard section, original weight of50 pounds per yardand
over, 2 feetlong and under.
(28c) Rail, steel No.2 CroppedRail Ends, standardsection, original weight of50 pounds per yard and
over, 3 feetlong and under.Rail, steel No.3 Standard section T, girder and/or guard rails, tobe free
from frog and switch rails not cut apart and contain no manganese, casts, welds or attachments of
any kind except angle bars. Free from concrete, dirt and foreign material of anykind.
Nominal Specificationfor R5051,67kg/mGOST 7173-75Nominal
Chemical Composition
Carbon(C) 0.54% to 0.82%
Manganese (Mn) 0.60%to 0.05%
Silicon (Si) 0.18% to 0.40%
Sulphur (S) 0.04%to Maximum
Phosphorous (P) 0.035% to Maximum
Arsenic (Ar) 0.01% to Maximum
Nominal Specification forR65 – 64.72 kg/mGOST 8165-75
Nominal Chemical Composition
Carbon(C) 0.54% to 0.82%
Manganese (Mn) 0.60%to 0.05%
Silicon (Si) 0.18% to 0.40%
Sulphur (S) 0.04%to Maximum
Phosphorous (P) 0.035% to Maximum
Arsenic (Ar) 0.01% to Maximum
PAYMENTTERM#
#IRREVOCABLE , CONFIRMED REVOLVING NON TRANSFERABLE DOCUMENTARY LETTER OF CREDIT ( DLC ) ,
PAYABLE AFTERTHE ARRIVAL AT DISCHARGE PORT ANDINSPECTIONBY SGSOF EACH MONTHLY SHIPMENT..
STOCKS ARE AVAILABLE IN SOUTH AFRICA FOR IMMEDIATE DELIVERY.
INSPECTION OF MATERIALS IS ONLY POSSIBLE AT DURBAN STORAGE
FACILITY WERE ALL MATERIALS WILL BE CONSOLIDATED FROM OUR
VARIOUS COLLECTION POINT
PRICE: $220.00 per Metric ton(covers inland logistics delivery charges to Destination CIF Inclusive)
PERIOD OF SHIPMENTS : 12 (Twelve) Months with possible rolls and extensions.
MONTHLY QUANTITY : 25,000 MT MT Per month (+/-5%)TOTAL
CONTRACT : 300,000MTW (+/-5%) except Trial
DESTINATION : CIF / ASWP
SHIPMENT METHOD : BULK / 20’’ CONTAINERS( below 5,000 MT (Buyer have to pay extra container
charge).
COUNTRY OF ORIGIN : South Africa or at Seller’s Choice PORT OF DEPARTURE : Seller’s
Choice
INITIAL DELIVERY TIME: 25days after receipt and acceptance of payment instrument for thematerials.
INSPECTION AGENCY : SGS at the port of loading.
DOCS REQ’D FOR PAYMENT: Bill of Lading, CommercialInvoice and other documents to
be specified in the contract. DOCSREQ’DFOR PAYMENT: Bill ofLading, Commercial Invoice and other documents tobe
specifiedinthe contract.
VALIDITY: The validity ofthis FCO to be5 international banking days fromthe issuing
date of FCO.
PROCEEDURE:
Buyer send his loi directly addressed to seller.
Seller generate FCO against buyer LOI.
Buyer accepts/rejects after initial due diligence.
Upon acceptance of FCO, Seller issues draft contract.
Contract is signed by Buyer, returned to Seller for his signature. (Electronically executed copies of the contract arelegal
and acceptable by both parties.)
Application and submission of Itac clearance for Tax exemption required.
Buyer immediately issue payment as agreed for the logistic company to start processing and transportation of his
materials to port of Durban via destination.
Materials inspection is only possible atDurban port, where all materials will be assembled from our various collection
point.
9.Buyer must apply and obtain COVID-19 clearance before being allowed to the seaport of shipment at his cost.VERY
IMPORTANT: Photos and Videos of Stock on special demand must be paid for
refcarlo
