Scrap Export Information
Metal Scraps Recycling Standard Terms of Trade are as follows:
Unless otherwise stated, Scrap materials is reserved for three (3) business days. Minimum 50% payment will be required within the reservation period. Failure to do so will lead to automatic cancellation of the order.
Shipping procedure will begin once we receive your deposit which is agreed by the customer (you) and Metal Scraps Recycling (us).
As soon as we receive full payment, we will send you all the documents by courier (DHL,FedEx)
We will receive Letters of Credit at Sight from selected countries.
Scanned TT copy will be required after payment in order to avoid any delay of shipping or document preparation.
ć»Shipping Terms
FOB: Free - On - Board:
This is the cost of the materials excluding ocean freight. If you buy the scrap at FOB price, the price only includes the cost of the scrap and the expenses until loading on the ship in United Kingdom.
CFR: Cost and Freight.
CIF: Cost, Insurance and Freight.
This is the cost of the Materials including all expenses caused in United Kingdom and during ocean freight. If you need an insurance for the materials, please ask for our assistance.
T.T: Telegraphic Transfer / Wire Transfer:
This is the best way of payment. It is the fastest, safest and most effective mode of sending money. You can transfer money by Telegraphic Transfer at most of the major banks.
L/C: Letter of Credit:
We receive Letters of Credit at sight for selected countries only. Please contact your nearest bank about the document.
