[Closed] New Seller Information: Copper Millberry Wire Scrap

We are pleased to announce that negotiations are currently underway with a newly introduced seller for Copper Millberry Wire Scrap.

This opportunity covers supply sourced from multiple origins in Africa and Central Asia, with both trial shipments and long-term monthly contracts under CIF terms.

■Key Points:
・Commodity: Copper Millberry Wire Scrap (Purity: min. 99.95%)
・Trial Shipment: From 1,000 MT
・Regular Supply: 3,000–5,000 MT per month
・Delivery Term: CIF (Any Safe World Port)
・Inspection: SGS or equivalent at both loading and discharge ports
・Payment: By confirmed, irrevocable LC or SBLC; final settlement via T/T (MT103) after inspection report

The transaction procedure follows international standards: SCO issuance, LOI/ICPO from buyer, FCO and SPA signing, LC/SBLC issuance, performance bond (PB), and shipment with SGS inspection.

■ Standard Procedure for Copper Millberry Wire Scrap
1.Seller issues SCO (Soft Corporate Offer).
2.Buyer issues LOI (Letter of Intent) or ICPO (Irrevocable Corporate Purchase Order).
3.Seller issues FCO (Full Corporate Offer).
4.Buyer signs, seals, and returns FCO.
5.Seller sends SPA (Sale and Purchase Agreement, amendable) and Proforma Invoice (PI).
6.Buyer signs and returns SPA.
7.Buyer provides draft text of LC (MT700) or SBLC (MT760) for seller’s approval.
8.Seller reviews and approves the wording.
9.Seller issues a 2% Non-Operative Performance Bond (PB).
10.Buyer’s bank issues LC (MT700) or SBLC (MT760).
11.Seller activates PB after buyer’s instrument is operative.
12.Shipment preparation begins.
13.Buyer may inspect the stock before shipment.
14.SGS (or equivalent) conducts inspection at the loading port (seller’s cost).
15.Shipment is completed; shipping documents are prepared and sent to buyer.
16.SGS (or equivalent) inspection at the discharge port (buyer’s cost).
17.Final Commercial Invoice is issued based on inspection report.
18.Buyer makes 100% payment via T/T (MT103) within 5 banking days.

This framework ensures transparency, security, and reliable supply for qualified buyers. Interested parties are invited to submit LOIs to initiate the process.