VSP/MKTG/ITD/2020-21/SPOT SALES/10 DT. 06/06/2020
RASHTRIYA ISPAT NIGAM LIMITED VISAKHAPATNAM STEEL PLANT INTERNATIONAL TRADE DIVISION, MARKETING DEPARTMENT,
ADMINISTRATIVE BUDILING, VISAKHAPATNAM-530031, phone: +91 891-2706944 /2518226 e-mail: [email protected], web site : www.vizagsteel.com
SPOT SALES NOTICE FOR OCEAN EXPORT OF STEEL PRODUCTS
FOLLOWING MATERIAL ARE BEING OFFERED FOR EXPORT ON SPOT SALES ON THE TERMS OF FOB ST GANGAVARAM PORT. INTERESTED CUSTOMERS MAY SEND THEIR REPONSE OF THEIR WILLINGNES/
RESPONSE FOR PARTICIPATING IN THE SPOT SALES. THE FILLED UP SPOT SALES NOTICE, DULY SIGNED WITH OFFICIAL SEAL, AFTER FILLING UP THE NCESSARY SPACES MAY BE SENT TO US.
1
Description of Material:Product Size Grade Chemical Composition Quantity (MT) (+/-5%)
Minimum*
Quantity (MT) (+/-5%)
Wire Rod Coils
5.5MM#
SAE 1008/
SAE 1010
SAE 1008 Grade
C:0.10 max; Mn:0.30-0.50; Si:0.25 max;
P: 0.040 max; S: 0.050 max SAE 1010 Grade
C:0.08-0.13 max; Mn:0.30-0.50; Si:0.20 max;
P: 0.040 max; S: 0.050 max
15000
5000MT Additional in
multiples of 1000MT*
6.5MM 8.0MM
# Maximum quantity for WRC 5.5MM is 50000MT.
* Minimum quantity to be quoted is 5000MT. Quantity over and above 5000MT should be in multiples of 1000MT.
2 Packing : In Coils of 2 MT each
3 Currency : USD
4 Destination : ANY COUNTRY (OTHER THAN NEPAL & BANNED COUNTRIES) 5 Basis of Invoicing : Actual Weight
6 Delivery : By 15th July’2020 7 Any other conditions :
1) Export Duty : 2) Marine Insurance :
3) Inspection :
4) Pre-shipment Inspection Certificate : 5) Cost of Dunnage, Lashing etc, :
8 Shipping Terms : FOB Stowed Gangavaram Port Limited (GPL), Visakhapatnam
THE DELIVERY TERMS FOR THIS SPOT SALES NOTICE IS FOB ST GANGAVARAM PORT (GPL) ONLY. CFR/C&F TERMS WILL NOT BE AVAILABLE FOR THIS SPOTSALES.
9 Payment Terms :
CARGO VALUE (INCL QTY TOLERANCE) : AS PER OUR TERMS AND CONDITIONS (SL.No.15)
SECURITY DEPOSIT :
AS PER OUR TERMS AND CONDITIONS (SL.No.15)AS PER ‘GENERAL AND SHIPPING TERMS AND CONDITIONS FOR AGREEMENT FOR EXPORT OF IRON AND STEEL PRODUCTS ON FOB TERMS’
(No.
RINL/VSP/MKTG-ITD/FOB T&C/REV Dt 02/04/2020)VSP/MKTG/ITD/2020-21/SPOT SALES/10 DT. 06/06/2020
10 ALL THE CUSTOMERS WHO ARE INTERESTED FOR THE MATERIAL MAY SEND THEIRREQUIREMENT IN THIS FORMAT WITH SIGNATURE AND SEAL BY
1600 HRS IST ON 08/06/2020
TO RINL OFFICIAL E-MAIL ID: [email protected].
11 MATERIAL SHALL BE ALLOCATED TO CUSTOMERS WHO RESPONDS TO THIS SPOT SALES NOTICE AND CONFIRM THE QUANTITY, AT THE BOOKING PRICE TO BE NOTIFIED BY RINL AFTER RECEIPT OF THE RESPONSES FROM THE CUSTOMERS. IN CASE THE QUANTITY FOR WHICH CONFIRMATION OF BOOKING PRICE IS RECEIVED IS MORE THAN AVAIALBLE QUANTITY, FORWARD E-AUCTION WILL BE CONDUCTED AMONG SUCH CUSTOMERS WHO HAVE CONFIRMED THE BOOKING PRICE.
12 RINL RESERVES THE RIGHT REGARDING ALLOCATION OF MATERIAL WITHOUT PREJUDICE TO ALL PROCEDURAL COMPLIANCES.
13 TERMS & CONDITIONS OF SPOT SALES WILL BE GUIDED BY THE FOLLOWING:
i) SPOT SALES NOTICE
ii)
GENERAL TERMS & CONDITIONS FOR EXPORT THROUGH E-TENDER (OTHER THAN NEPAL)
(REF.NO. RINL/ VSP/MKTG-ITD/GEN T&C/REV Dt 02/04/2020)iii) GENERAL AND SHIPPING TERMS AND CONDITIONS FOR AGREEMENT FOR EXPORT OF IRON AND STEEL PRODUCTS ON FOB TERMS. (REF NO.
RINL/VSP/MKTG-ITD/FOB T&C/REV Dt 02/04/2020).
PLEASE NOTE THAT ALL THE ABOVE DOCUMENTS ARE REQUIRED TO BE SUBMITTED AS ATTACHMENT TO THE EMAIL ALONG WITH YOUR RESPONSE. .
14 WHETHER CQD SHIPMENT TERMS IS REQUIRED? :
(IN CASE CQD SHIPMENT IS CHOSEN ‘YES’, USD 1.5 PMT WILL BE ADDED TO THE BOOKING PRICE) 15 CONTRACT SHALL BE ISSUED BY RINL AND SIGNED COPY OF THE CONTRACT ALONG WITH
SEAL IS REQUIRED TO BE RETURNED WITHIN ONE WORKING DAY FROM THE DATE OF ISSUANCE OF CONTRACT.
16 Quantity Requirement: (Please indicate your requirement in the table) Sl No SIZE (MM) Quantity
Required (MT) Required Grade
1 WRC 5.5
2 WRC 6.5
3 WRC 8.0
Total
We hereby declare that GENERAL TERMS & CONDITIONS FOR EXPORT THROUGH SPOT SALES (REF.NO. RINL/
VSP/MKTG-ITD/GEN T&C/REV Dt 02/04/2020) and GENERAL AND SHIPPING TERMS AND CONDITIONS FOR AGREEMENT FOR EXPORT OF IRON AND STEEL PRODUCTS ON FOB TERMS. (REF NO. RINL/VSP/MKTG- ITD/FOB T&C/REV Dt 02/04/2020), which are received along with Spot Sales Notice are studied thoroughly and acceptable to us.
Please indicate the customer code allotted by RINL in the Box :