Date: 02 Apr 2009     Valid until : 28 Apr 2009
Commodity : Steel Billet, prime metal Grade:3SP/PS; 5SP/PS
TECHNICAL SPECIFICATION
1. CHEMICAL COMPOSITION:
Steel grade St 3 SP/PS Steel grade St 5 SP/PS
С 0,14-0,22%         0,28-0,37
Mn 0,40 -0,65 %     0,50 - 0,80
Si 0,05-0,15%         0,05-0,15
P max 0,04%         max0,04%
Cr max 0,30%        max 0,30%
Ni max 0,30%         max 0,30%
Cu max 0,30%        max 0,30%
2. MECHANICAL PROPERTIES:
TENSILE STRENGTH 37 -48 Kg/mm2
YIELD STRENGTH 26 Kg/mm2
ELONGATION: 23%
3. OTHER SPECIFICATIONS:
SQUARE TOLERANCE + 4,0 - 4,0
LENGTH TOLERANCE: +100 mm
ROMBOIDITY/DIFFERENCE DIAGONALS: Max 0,7 %
CAMBER Max 1,5% (%)
TWIST: Max 3 degrees per 1 metre length
QUANTITY: 1.000MT – 200.000MT    
**FOR HIGH QUANTITY THE FIRS ORDER MUST BE AS TRIAL ORDER AND NOT
MORE THAN 5.000MT
PRICE: USD 380/MT  C&F ASWP
(YEAR CONTRACT AVAILABLE)
Packing: Container/Bulk
Inspection: SGS or equivalent at loading port at Seller's cost.
Performance Bond 2% (Two percent) of shipment value.
PAYMENT INSTRUMENT: Payment: Irrevocable Transferrable , or Non-Transferable Confirmed Divisible Letter of Credit 100% at sight
DELIVERY TERM : C&F ASWP
ORIGIN: Ukraine (The yard is in  Germany )
PROCEDURES
1-Buyer submits Letter of Intent (LOI) with full banking coordinates with authorization for seller to conduct a Soft Probe of buyer’s account for the deal. Or, buyer can submit LOI
with bank capability letter (BCL). LOI with finally accepted price, quantity, duration, accepted payment terms.
2-Seller issues Full Corporate Offer (FCO). Buyer signs and seals the FCO and returns a copy to seller.
3-Seller issues Draft contract.(after the final contract is signed the buyer can visit the yard and meet the seller)
4-After undersignment of final contract, buyer will instruct his bank to issue a non operative L/C for a shipment value to seller’s bank.
5-Within 5 days seller will issue operative PB for 2% of L/C value to buyer’s bank.
6-The operative 2% PB from the seller activates the non operative L/C from the buyer
7-The first shipment commences within 30-45 days from activation of relevant payment instrument.
YARD VISIT : Yard visits are allowed after buyer sign the contract
Send your ICPO to : or