Micheal Paul, Asiatic Steel Mills Ltd, Nigeria

Naruto

Administrator
Staff member
Return-path: <waziri_mohs@yahoo.com>
Received: from 41.219.217.46, Nigeria, Lagos, Lagos Dial-Pool customers
Date: Wed, 5 Mar 2008
From: WAZIRI MOHAMMED <waziri_mohs@yahoo.com>
Subject: WE HAVE USED RAIL SCRAPS FOR SALE.
To: [waziri_mohs@yahoo.com]


I am Mr Micheal Paul, I work with Railway corporation. We have used rail scrap in our possersion over 1.2million metric tons and copper cathode 2000mts for sale, so if you are interested to buy kindly reply us back with your request to enable us send you our FCO and some pictures of the materials for your perusal.

hope to hear from you as soon as possible to enable us proceed fast in this business reply back with your full email I.D, company informations and your personal informations to enable us reach you back via email or phone.

DETAILS OF THE USED RAIL SCRAP:
PRDOCTS: USED RAIL SCRAPS
QUANTITY :OVER 1, 200,000 TONS
PRICE: US$105 per ton CIF ANY SAFE PORT
PAYMENT TERM:T/T after 14days of delivery of the goods to buyers port.
LENGTH:12.5 METERS LONG
ORIGIN: URKARINE STOCK IN NIGERIA
SPECIFICATION: R50 - R65
Chemical structure of the materials (used rail scrap ) is:
C - 0.71 - 0.84%
Mn-0.75 - 1.25 %
Si- 0.18 - 0.55%
S - not more than 0.045%
P - not more than 0.035%.

Regards and wait for your respond a
Mr. Micheal Paul
Asiatic Steel Mills Ltd
Plot 4,Acme Industrial Layout Ikeja
Lagos Nigeria
Tel: +23480-7948-3808
fax: 234-1-4758742
 

Miyuki

Administratrix
Staff member
C.I.F. = Cost, Insurance and Freight. It's used in shipping contracts for overseas shipment of product. The seller has the risk of loss until the product is loaded on the ship at the port of departure. The risk then passes to the buyer.
 

Gentle Giant

Giant Admin for a Day
Staff member
That's kind of the legal definition. In business terms, the seller, Asiatic Steel Mills Ltd, needs to quote a sales price which includes the cost of the product, the cost of insurance, the cost of land and sea transport to the foreign port of the buyer, which is presumably the point of final destination.

It's a fairly common arrangement although I doubt that Asiatic Steel Mills Ltd has ever exported anything. In any case I wouldn't trust them to quote me a correct price.
 
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