Terms of Trade

1. General Agreement

These Terms of Trade govern all commercial transactions, sales, and export logistics between Buy Sell Scraps (hereinafter "Seller") and the purchasing entity (hereinafter "Buyer"). By issuing a Purchase Order (PO) or initiating a financial deposit, the Buyer implicitly agrees to the terms outlined below.

2. Pricing & Incoterms

All quotes provided by our trading desk are subject to market volatility and are typically valid for a period of three (3) business days unless otherwise stated in writing.

• CIF (Cost, Insurance, and Freight): Seller covers the cost of goods, marine insurance, and freight to the Buyer’s named port of destination.
• FOB (Free On Board): Seller is responsible for loading the goods onto the vessel at the local departure port. The Buyer assumes all risks, freight costs, and insurance from that point forward.

3. Payment Terms

To ensure financial security in international trade, we adhere to strict, standardized payment protocols. We accept the following methods for wholesale container transactions:

• Letter of Credit (L/C): 100% Irrevocable, Non-Transferable Letter of Credit at sight from a top-tier international bank.
• Telegraphic Transfer (T/T): A 30% advance deposit upon signing the Proforma Invoice, with the remaining 70% balance transferred upon presentation of the copy of the Bill of Lading (B/L) and loading photos.

4. Inspection & Quality Assurance

We guarantee that all materials are processed and baled according to agreed-upon specifications regarding purity and moisture limits. We highly encourage Buyers to utilize independent third-party inspectors.

• Pre-Shipment Inspection: Buyers may appoint an agency (e.g., SGS, CCIC) to inspect the material at our physical yard prior to loading at their own expense.
• Weight Verification: Final invoiced amounts are determined by the verified weighbridge tickets generated at our facility or the departure port.

5. Claims & Dispute Resolution

We operate with absolute transparency to prevent disputes. However, in the rare event of a quality or weight discrepancy upon arrival at the destination port:

• Claims must be submitted in writing within fourteen (14) days of the container's arrival at the destination port.
• All claims must be accompanied by an official report from an internationally recognized independent surveyor (e.g., SGS) detailing the specific deviations from the contract.
• No claims will be entertained if the materials have been further processed, melted, or mixed with other stock by the Buyer prior to inspection.