We source Second-Quality Rails from the Kingdom of Saudi Arabia for potential buyers. It is well known that Baghlaf Steel is a dominant player in the market in KSA, but their terms are very tough. This allows for distributors/resellers to resell their product with convenient terms offering PB of 2%. Note that these are not 'scraps' because scrap export is banned. No invoice or advance whatsoever is charged. We follow a strict procedure: Buyers must issue an LOI/ICPO + BCL
The supplier then issues POP video and FCO. Buyers have to issue transferable LC. This may be prior to or after SPA (needs to be confirmed).
Indicative CIF price is $280/Mt and may increase. Prices for spot transactions will be very high.
MOQ is 50,000-100,000Mt/month x 12months (This is subject to supplier's confirmation).
General photos have been uploaded from the website of Baghlaf as we expect the specs to be the same. This will be confirmed upon receipt of LOI+BCL.
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Trade Leads Directory -> All Trade Leads -> Base Metals & Articles -> Articles Of Iron & Steel -> Second-Quality Rails R50-65
