Latest Steel Prices from SAMORE Company
Used Rails (USD/Ton)
700,000 Ton → 190.00
900,000 Ton → 180.00
1M Ton → 170.00
2M Ton → 165.00
3M Ton → 155.00
5M Ton → 150.00
Steel Billets (USD/Ton)
300,000 Ton → 485.00
400,000 Ton → 475.00
500,000 Ton → 400.00
700,000 Ton → 395.00
1M Ton → 325.00
Steel Bars (USD/Ton)
300,000 Ton → 510.00
400,000 Ton → 505.00
500,000 Ton → 430.00
700,000 Ton → 425.00
1M Ton → 350.00
Hot Rolled Coil (USD/Ton)
300,000 Ton → 670.00
400,000 Ton → 665.00
500,000 Ton → 645.00
700,000 Ton → 640.00
1M Ton → 530.00
Cold Rolled Coil (USD/Ton)
300,000 Ton → 725.00
400,000 Ton → 720.00
500,000 Ton → 670.00
700,000 Ton → 665.00
1M Ton → 620.00
Galvanized Rolled Coil (USD/Ton)
300,000 Ton → 780.00
400,000 Ton → 770.00
500,000 Ton → 725.00
700,000 Ton → 720.00
1M Ton → 640.0
Exceptional Prices for Small Quantity Buyers (CIF Included)
Used Rail (USD/Ton)
100K Ton → 250.00
150K Ton → 245.00
200–250K Ton → 240.00
300–350K Ton → 225.00
400–450K Ton → 220.00
500–600K Ton → 195.00
Re-Bar (USD/Ton)
100K Ton → 565.00
150K Ton → 560.00
200K Ton → 540.00
250K Ton → 530.00
Billet (USD/Ton)
100K Ton → 525.00
150K Ton → 520.00
200K Ton → 495.00
250K Ton → 490.00
Purchase Procedures
All Prices Include:CIF prices
Those prices and quantities are under special offer for a limit period and related with actual market prices
Delivering these quantities is related and subjected to the letter of credit period and validity
Purchase Procedure
1. After receiving the FCO, Buyer to return
(Via official mail) the following documents
a.
Sign the FCO and stamp (all pages)
b.
A Receipt of proforma invoice fees (Purchase seriousness fees (5000
SAR I million ton (it is refunded after MT700)
2. After receiving of the 2
up mentioned documents, Free Engineers shall mail the 2
documents to (Main Seller)
3. (Main Seller) issue
(performance invoice + The Contract) to the Buyer directly (Via official mail)
4. Buyer Issue MT705/MT799 Draft, Request
Proof of product and proof documents,
or a visit to Saudi Arabia to investigate the goods insight and meet the seller
general Manager face to face
5. As per MT705/MT799, the Seller issue (
under the supervision of the bank the following:
a.
POP Video Dated and Coded
b.
Export License
c.
Fresh Q&Q SGS reports
d.
Certificate of ownership for the goods.
e.
Fresh bill of loading. Export certificate
6. (Main
Seller) and buyer exchange signing and stamp contract (Via official mail)
7. Buyer Issue a revolving, irrevocable
confirmed, insight MT700/MT760 with bank guarantee for full quantity
8. Seller issue a performance bond of 20 %
of total contract value for good execution
9. After acceptance of MT700/MT760 by Seller bank, Delivery start within 7 days
