used rail

RFQ Description

We are a company dealing in commodities like iron ore, urea, sugar and also hms and used rail.We have confirmed orders at the moment especially for used rail for our Chinese and Indian buyers in large quantities, (both in brake bulk and in containers) for spot and yearly contract in lots of 30,000 x 12.While sending your quote:1) Please note our buyers will not be interested to pay any Upfront payment after signing of contract. All payment through Non transferable L/C only.2) Moreover, you/your seller have to organize to show seller„s past performance credentials, authenticity of stock existence, recently dated photographs right from the beginning, as most of the sellers especially sellers from South Africa and Russia in the past betrayed us after signing of contract. Henceforth, we can get you LOI+BCL if above documents are furnished in first go.If you are comfort in above, please respond.CLOSING PROCEDURE:1. Seller on his letter heads address a letter to agent M/s ESP Trade Links, 73-H, Pocket A II, Mayur Vihar Phase III, Delhi 110096giving brief scope of product with stock photographs. (mentioning recent date on photographs) on the basis of which he will get a LOI from end buyer.2. Buyer Issues Letter of Intent3. Seller Issues a Formal Corporate Offer and sends Certifications, Test Analysis, Government Licenses and any other pertinent Documentation.4. Buyer confirms with local Government the supply and secures import permit for the product.5. After positive verification, Buyer issues Irrevocable Corporate Purchase Order.6. Buyer &Seller sign & seal Sales and Purchase Agreement.7. Seller Issues Performa Invoice and Suppliers Commitment to Supply to Buyer7. Buyer sends non-operating Documentary Letter of Credit.8. Seller sends 2% Performance Bond &Proof of Product automatically rendering the Documentary Letter of Credit Operational.9. Delivery commences as per agreement. e.p.parameswaranESP TRADE LINKS, 73H, POCKET A II , MAYUR VIHAR PHASE III DELHI 110096 Tele- + 91 98110-51174 (M) (Land Line) + 91 11 *******1 E mail: *******@*****.com *******@*****.com