Steel & Oil Trading
Steel Trading
A genuine source for construction rebar, steel billets, used rails and coils — CIF prices inclusive of tax and bank administrative charges.
SAMORE supplies used rails, steel billets, new reinforcement bars, and hot-rolled, cold-rolled and galvanised coils at highly competitive, quantity-based CIF pricing. Exceptional prices are available for small-quantity seekers on MT700 / SBLC (MT760) with full quantity.
Live price tables and the full purchase procedure (FCO, proforma invoice, SPA, MT705/MT700 and SGS inspection) are provided to verified buyers on request.
Live pricing and full commercial procedures are shared with serious, verified buyers on request. Use the inquiry form below to receive the current offer, or issue a Purchase Letter of Intent to begin.
Benefits
- Direct, genuine source with competitive prices.
- Quantity discounts across rails, billets, rebar and coils.
- CIF prices inclusive of VAT and bank charges.
- Structured, bank-supervised settlement.
Capabilities
What we deliver
Long products
Used rails, steel billets and new construction reinforcement bars.
Flat products
Hot-rolled, cold-rolled and galvanised rolled coils.
CIF pricing
Quantity-tiered CIF prices inclusive of VAT and bank administrative charges.
Instrument settlement
MT700 revolving letters of credit and SBLC (MT760) settlement under bank supervision.
Process
How we work
FCO
Receive the Full Corporate Offer; sign and stamp all pages to approve forms and procedures.
Proforma & SPA
The main seller issues the performance invoice and SPA; buyer and seller exchange signed contracts.
Proof of product
Under MT705 the seller issues POP video, export license, fresh Q&Q SGS reports and certificates.
MT700 & delivery
Buyer issues a revolving, irrevocable MT700 for full quantity; delivery starts within 7 days of acceptance.
Latest Steel Price
Latest Steel Prices from SAMORE Company
For Revolving MT700 & SBLC. All prices are CIF.
Main Prices
| Product | Quantity (Ton) | Price (USD/Ton) |
|---|---|---|
| Second Quality Used Rails | 900,000 | 225.00 |
| Second Quality Used Rails | 1,000,000 | 210.00 |
| Second Quality Used Rails | 2,000,000 | 205.00 |
| Second Quality Used Rails | 3,000,000 | 200.00 |
| Second Quality Used Rails | 5,000,000 | 195.00 |
| Steel Rebar | 300,000 | 540.00 |
| Steel Rebar | 400,000 | 550.00 |
| Steel Rebar | 500,000 | 560.00 |
| Steel Rebar | 700,000 | 565.00 |
| Steel Rebar | 1000,000 | 380.00 |
| Second Quality Used Rails | 700,000.00 | 230.00 |
Small Quantities
| Product | Quantity (Ton) | Price (USD/Ton) |
|---|---|---|
| Second Quality Used Rails | 300,000 | 280.00 |
| Second Quality Used Rails | 400,000 | 270.00 |
| Second Quality Used Rails | 500,000 | 255.00 |
| Second Quality Used Rails | 600,000 | 245.00 |
| Steel Rebar | 100,000 | 595.00 |
| Steel Rebar | 200,000 | 570.000 |
| Steel Rebar | 250.000 | 575.000 |
** All Prices Include: CIF prices
- VAT Tax and
- Bank Administrative Charges
Business Developing offers
- IN case if Buyers wants to issue SBLC with 10% of the contract value the prices are +40 USD
- In Case if the buyer pays advanced payment MT103, the prices are -20 USD of the given prices
- We accept a direct MT103 transferee VS Delivery of big quantities covering the transferred fund
Purchase Procedure
Purchase Procedure
- 1After receiving the FCO, Buyer to return (Via official mail) the following documents: sign the FCO and stamp (all pages) to express your approval to all forms and procedures; receipt of proforma invoice fees (Purchase seriousness fees — it is refunded after MT700).
- 2After receiving the proforma invoice transfer receipt, SAMORE co. shall mail the Main Seller to issue the proforma invoice and the SPA.
- 3(Main Seller) issue (performance invoice + The SPA Contract) to the Buyer directly (Via official mail).
- 4(Main Seller) and buyer exchange signing and stamp contract (Via official mail).
- 5Buyer Issues a revolving, irrevocable confirmed, insight MT700 with bank guarantee for full quantity.
- 6Seller issues a performance bond of 20 % of total contract value for good execution.
- 7After acceptance of MT700 by Seller bank, Delivery starts within 7 days.
Specifications
Specifications
Manufacturer specification sheets as supplied with our steel offer.
Inquiry
Discuss Steel Trading
Send us the details and our team will respond with the right approach for your project or requirement.
Full contact details