Wholly owned associate undertaking "R H Enterprises" deals in steel scrap, diesel generators and massage chairs. Currently we have Rail (R50-R65) in bulk quantity ready stock 400,00 plus metric tons in our godowns in Australia.
Commodity:         Standard & Grade 100% used rail (R50-R65)
Specifications:     International Standards ISRI code R50-R60
Composition:        C: 0.54-0.82%, SI:0.18-0.40%, MIN:0.60-1.05%, S:0.4% Max,
                         P: 0.035% Max, AS:0.01% Max. of MASS SHARE
Components:       This Scrap consists of R50-R65 Rail as R50 (51.67 kg/m Ghost-7173-75),R65 (64.72 Kg/M Ghost-8165-75) According to inoterms 2000. The  rails shall confirm to ISRI code R50-R% and will be used Rail Steel Scraps "standard section" Rails. Materials will be free from mud, dust, fluff, non-ferrous inclusion, excessive rust and other impurities, free form any explosive shells, cartridges, othe arms amd ammunition used or ant closed container, substances and coatings, organic waste or harmful substances.
Total Quantity:         400,000plus metric tons
Price:                      Lucrative and competitive price comparatively less than the international market, according to the quantity in purchase order.
 
Length:                   According to the purchaser's specification

Weight:                   50-60 Kg/Meter

Location of goods:      Australia

Packaging:                 Bulk shipment in bundles depending on length

Inspection:                Quality, quantity and weight by SGS/CCIC or equivalent at loading port at seller's expense.

Procedure:                

  1. Buyer Issues LOI with BCL
  2. Seller Issues FCO & Draft Contract
  3. Buyer issues a LC/BG from HSBC Ltd
  4. Buyer may visit the goods before issuing a financial instrument provided buyers banks issues a confirm, irrecoverable letter binding the buyer to issue the financial instrument for the worth of agreed quantity according to the contract, after physical verification of the goods by the buyer.
  5. No performance bond shall be issued once buyer has conducted physical inspection/verification of the goods on site at loading port.