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Fajer Al Sharq General Trading LLC
procedure for re steel bar Turkey
Origin:
DISCHARGEABLE RATE: Min 2400 M/T per
weather working day of 24 hours per WWD/
ORIGIN: TURKEY. (Guaranteed) AS per
following specifications:
Steel Grade Standard as 4449/1997 GRADE
460 B
PAYMENT MODE: BY FULLY FUNDED
DOCUMENTARY LETTER OF CREDIT –
IRREVOCABLE UNCONDITIONAL UNRESTRICTED,
TRANSFERABLE DIVISIBLE NEGOTIABLE, 100%
AT SIGHT PER SHIPMENT. (FOR AMOUNT OF
SHIPMENTS UNTIL COMPLETE THE FULL
CONTRACT) CONFIRMED BY LOCAL BANK. AND
ADVANCE.
Guarantee for the 2% performance bond of
the L/C value.
Packing Diameter:
8,10,12,14,16,18,20,22,25,32 as bundled.
PERFORMANCE BOND: Two percent (2%) of
the letter of credit of monthly shipment
of Non-operative financial instrument
acceptable to the seller and the
seller's bank
PROOF OF PRODUCT:
To be provided by seller after receipt
of Non Operative Transferable Revolving
letter of credit acceptable to the
seller and seller's bank.
INSPECTION: At the port of loading by
SGS at sellers costs. (Buyer/ Buyer
Representative can carry out second
inspection at loading port on their sole
cost.
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