NON FERROUS PRODUCTS - DESCRIPTION

Non-ferrous metals are very important and significant materials for many industries like: machinery, electronics and others, but it is most widely used for more complex and technologically advanced products.

Non-ferrous metal extraction is limited by this metal’s natural deposits, besides, non-ferrous metal extraction is even more energy and time consuming process compared with ferrous metals. Processing of non-ferrous scrap metal allows us to reuse irreplaceable metal resources competently and economically and to raise productivity of all metallurgical and other industries.

High demand and constantly lowering natural deposits of this metals cause their prices rise every year, just like the growth of the demand on it.
 

NON FERROUS PRODUCTS - Terms & Conditions

  1. 50 MT minimum order – 4 FCL TEU or 2 FCL FEU
  2. 50 MT order or lower quantity invoice payment by TT or RTGS as per following directions

    1. 30% Advance TT or RTGS as applicable after receipt of Proforma Invoice within 24 ~ 48 hours.
    2. 70% Balance Payment by TT or RTGS as applicable against FAX or Scan Copy of Draft Shipped B/L in the name of buyer. Will provide soft copy of Commercial INVOICE + Packing List + Certificate of Origin + No WAR Material Certificate + OBL + Weight Slips + Loading Photos. Hard Copies will be sent by courier to Buyer’s nominated address on receipt of balance payment. Can also accept CAD in bank provided you clear documents from bank in 72 hours or else we have to request documents back ( See detailed instructions below )
  3. For Long Time / Large quantity 30% deposit will be adjusted in last shipment. Settlement will be invoice to invoice.
  4. Price Offered only valid for contract duration or spot contract. Cannot lock price for yearly contracts. Supplier will renegotiate price every 50 MT.
  5. Payment by LC only acceptable for order more than 100 MT – LC to be established strictly as per format provided by supplier ( Check Format in Payment – Download Section)
  6. Various Parameters for Non Ferrous Cargo Click here to see the table


    Commodity Origin Advance Balance Payment Yard Visit Documents Bank Condition Acceptable %Attachments Weight  20 FTMT Approx Weight  40 FTMT Approx

    AL Scrap Israel 30% - Proforma Inv 70% Yes See Foot Note Payment on Loading 2-3% 11.0 20.0
    AL Scrap Turkey 30% - Proforma Inv 70% Yes See Foot Note Payment on Loading 2-5% 11.0 20.0
    AL Scrap USA 30% - Proforma Inv 70% No See Foot Note Payment on Loading 2-5% 11.0 20.0
    AL Scrap Europe 30% - Proforma Inv 70% No See Foot Note Payment on Loading 2-5% 11.0 20.0
    AL Scrap Africa 30% - Proforma Inv 70% No See Foot Note Payment on Loading 2-5% 11.0 20.0
    Brass Scrap Israel / Turkey 100% - Prof. Inv NIL Yes Scan Copy WT Slip Payment on Loading 2% 21.0 NA
    Copper Israel / Turkey 100% - Prof. Inv NIL Yes Scan Copy WT Slip Payment on Loading 2% 18-20 23-26
    Lead Plates Africa 50% - Prof. Inv 50% No WT Slip + Loading Photos Payment on Loading NIL 22.0 NA
    Battery Scrap Africa 30% - Prof. Inv 70% No Scan Copy WT Slip + OBL Scan Copy Payment on Loading DRY 22.0 NA
    Battery Scrap USA 30% - Prof. Inv 70% No Scan Copy WT Slip + OBL Scan Copy Payment on Loading DRY 18-20 27.0

    Foot Notes

    1. Payment on Loading – Payment against Scan Copy of Weight Slip & Shipped Onboard B/L Copy along with documents as applicable.
    2. Scan Copy of Weight Slip – Payment against scan copy of weight slip of each container.
    3. Scan Copy of Weight Slip & OBL Copy - Payment against scan copy of weight slip of each container & Shipped Onboard B/L Copy.
    4. Yard Visit allowed for shipments from ISRAEL & Turkey ( See FAQ Section for complete details )
    5. Advance has to be paid against receipt of Proforma Invoice.
    6. Balance Payment as per direction in table above.
    7. Documents as per ‘Standard Documents List’ under Terms & Conditions.
  1. For LC terms please see Payment Section for complete details.
  2. CAD acceptable for buyers from India only for top rated Indian banks (PSU banks not acceptable due to co-ordination issues with supplier banks and buyer’s banks). CAD / DA / DP not acceptable for buyers from Indian subcontinent – India / Pakistan / Bangladesh due to frequent payment problems in ALL Banks in above locations.
  3. Supplier cannot include original pre – inspection certificate as payment document in LC as original PSIC is sent directly to consignee. Only Copy of PSIC will be provided to bank as part of payment documents same to be mentioned in field 46A in LC.
  4. Supplier ship cargo as per INCOTERMS – CNF / CFR / FOB only.
  5. Supplier cannot paste / attaché Packing List and or other payment documents inside container.
  6. Buyer based in India must have license to import battery & lead plate scrap.
  7. Standard weight variation is 2%
  8. Weight dispute will be resolved by credit only on future orders for weight loss which is verified no cash refunds - no claim for custom duty or other sundries will be accepted or entertained. Good Buyers know & accept this as expense of doing business and refrain from being embarrassed by making such demands.