SOUTH ALUMINIUM CORPORATION (SALCO)

Aluminum Ingot

FOR SALE

 

Please be advised that South Aluminum Corporation (SALCO) intends to sell Aluminum Ingot as following terms & conditions:

Quality:P1020

Quantity:5, 000 MT

Delivery Term: FOB Bandar Abbas / FCA (Negotiable)

Shipment:In one or partial shipment. The exact shipment schedule shall be mutually agreed between Buyer & Seller at the time of contract settlement.

Price:The price per metric ton of the material shall be based on Official LME Cash Settlement Price for Aluminum Ingot in USD as published in London Metal Bulletin, during the Quotation Period plus a premium.

Quotation period: Average of Official LME Cash Settlement Price for Aluminum Ingot in USD as published in London Metal Bulletin, during 5 days (2 days prior to the Delivery Note Issuance Date + Delivery Note Issuance Date + 2 days after the Delivery Note Issuance Date).

Payment Procedure:

Buyer shall pay 100% (one hundred percent) of proforma / provisional invoice value amount in USD, prompt net cash payable by telegraphic transfer to a bank account which will be nominated by Seller.

All calculations of Provisional / Proforma / Final invoices will be based on USD.

The exact payment procedure shall be mutually agreed between buyer & seller at the time of contract settlement.

The final balance, if any, between the provisional payment made by buyer and the final value of the material shall be paid by the owing party by telegraphic transfer against seller's presentation of final invoice within five working days from the date of the final invoice.

Other currencies for payment are also negotiable.

Bid Deadline:

This sale Notice will be valid from Saturday June 27, 2020 until July 6, 2020. So, all interested bidders shall submit their offers to Salco until July 6, 2020.

Important Notes:

  • All offers must be submitted in person to Salco’s Commercial Office in a closed and sealed envelope at this address: No. 35, 13thAve., Seyyed Jamaluddin Asadabadi St., Tehran-Iran. Offers received through Email or fax shall not be considered.
  • SALCO reserves the right to reject the offers sent after the deadline.
  • SALCO reserves the right to reject any one or all offers, cancel or prolong the deadline.
  • SALCO reserves the right to sell a part or whole quantity of Aluminum Ingots to one or several potential buyers. 
  • In case the offer is accepted by SALCO, it will be advised via email to the winner.
  • Quantities less than the above mentioned quantity are also negotiable
  • Salco reserves the right to cancel the above tender without assign any reasons and without any intimation from the bidders.

 

Your offer shall include following items:

  • Premium for Aluminum Ingot
  • Proposed Payment Procedure
  • Full Company Name
  • National ID
  • Registration Number
  • Company Type
  • Name of your Country
  • Ownership Type
  • Company Address
  • Tel
  • Fax
  • Website Address
  • Reference List

 

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