NEW 2025 August II Soft Offer – Pig Iron – UP to 100,000 Mt in monthly basis – Origin India – CIF basis
SCO – Pig Iron
India
We have this offer open only for Few weeks with Outstanding Price & Conditions from NEW Miner groups.
Quotation Details:
Product: Pig Iron (STEEL Grade / Basic Grade)
Specification: As per international standards Annex1
Quantity: 100,000 MT per Month Yearly Contract – Expandable on long-term agreement
Origin: India (Subject to availability at time of contract)
Price: USD 590 per MT
Incoterm: CIF Asian Ports
Packaging: Loose / Bulk in containers or breakbulk vessel
Payment Terms: SBLC at Sight and Monthly payments with MT103, payable after SGS inspection at delivery Port against presentation of B/L and complete Shipping Documents.
Inspection: SGS Inspection at Loading Port
Insurance Copy 110% value in the name of the Buyer (CIF Term).
Full Quality & Quantity Certification issued by SGS will be submitted before shipment Documents Provided:
Annex 1
PIG IRON PRODUCT RANGE
Pig Iron Wrought Iron Steel
Graphite 2.65 % – –
Combined Carbon 0.462 % 0.07 % 0.360%
Sulphur 0.064 % 0.04 % 0.0428 %
Silicon 2.120% 0.14 % 0.061%
Phosphorus 0.040% 0.08% 0.056%
Manganese 0.122% 0.14% 0.620%
Iron (by difference) 94.542 99.53 98.861
Shipping document: A full set of the following documents will be issued
+Commercial- Invoice
+Packing List
+Certificate of Origin
+Bill of Lading
+SGS Inspection Report
Delivery Time: Within 15–20 days from receipt of operative SBLC.
PROCEDURES
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/RWA with full banking coordinates.
- Seller issues Draft Contract.
- Buyer signs the Draft Contract and sends it back to the Seller.
- Seller issues the final Contract to the Buyer.
- 5. Buyer’s bank issues and sends by swift the non-operative L/C 100% at sight to the Seller’s bank within 48 hours.
- Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
- Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
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