Purchasing R50-R65 Used Rails

Commodity: R50-R65 Used Rails.
Contract Quantity: 50,000,000 million metric tons
Origin: Saudi Arabia
Contract: 3 years.
Specifications: as per attachment. (Annex A)
Purchase price: USD 260 per MT.
Delivery Term: CIF
Payment Term: Irrevocable, Transferable DLC.
              
Seller provide 20% PB. Clearance of payment is 100% after CIQ at discharge port within 5 Days.

HS code – 72.04.29

HMS 2 RAILS (ISRI 27-29).
R-50 (51.67 kg/m-GOST-7173-75)
R65 (64.72 kg/m –GOST-8165-75)

CHEMICAL COMPOSITION

R50 51,67 kg/m GOST 7173-75
C: 0.54 - 0.82 %;
Mn: 0,60 - 1.05 %,
Si: 0.18-0.40%;
P: max. 0.035 %;
S: max. 0.04 %;
AS: 0.01 mix of max share

R65 64.72 kg/m GOST 8165-75
C: 0.54 - 0.82 %;
Mn: 0.60- 1.05%;
Si: 0.18-0.40%;
P: max. 0.035 %;
S: max. 0.04 %;
AS: 0.01 Mix of max share.