MS Scrap

Our offered Product range includes Hms1&2 Scrap, HMS 1 & 2 SCRAP METAL 80-20%, Hms1 Scrap, HMS2 Scrap and HMS 1 & 2.

HMS1&2 Scrap

We are rated among the renowned Exporter & Supplier of HMS1&2 (ISRI 200-206) Heavy Melting Steel that is known for its strength and versatile utility. HMS1&2 Scrap is utilized for many domestic, industrial and commercial purposes. HMS1&2 Scrap is offered to our clients in different shape and sizes.

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HMS 1 & 2 SCRAP METAL 80-20%

₹ 19,800 / Metric Ton Get Latest Price

Min. Order (MOQ) 30000 Metric Ton
Number Of Flower HMS 1&2 SCRAP METAL
Capacity Minimum 30, 000 M T per month
Place of Origin RUSSIA- SOUTH AMERICA- USA -EUROPE

The Masters Mind inc. sources Scrap metal globally from various suppliers to meet the Growing demands from Domestic & International sources.Heavy melting steel (HMS) or heavy melting scrap is a designation for recyclable steel and wrought iron. It is broken up into two major categories: HMS 1 and HMS 2, where HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does. ISRI 200 (HMS 1): Wrought iron or steel scrap 1.4 inch and larger in thickness. ISRI 201 (HMS 1): 1/4 " thick except pieces must be smaller than 36 X18 in.ISRI 202 (HMS 1): 1/4 " thick except pieces must be smaller than 60X18 in.ISRI 203 (HMS 2): Wrought iron or steel scrap, black and galvanized, 1/8 inch and larger in thickness.ISRI 204 (HMS 2): wrought iron, Galvanized 1/8 " thick except pieces [1]must be smaller than 36 X 18 in.ISRI 205 (HMS 2): galvanized 1/8 " thick 204 except it may contain automotive scrap except for thin gauge material.ISRI 206 (HMS 2): 1/8 " thick except pieces must be smaller than 60x18 in. HMS 1 and 2 are widely traded, particularly in the western hemisphere. Both HMS 1 and 2 comprise obsolete scrap only. That is iron and steel recovered from items demolished or dismantled at the end of their life. This density, sizing and preparation makes for efficient furnace operation by minimizing the time to charge enough scrap for a full melt. In contrast, thin mixed scrap greatly increases charging time, cutting furnace productivity.Variations on maximum piece size are covered by ISRI codes. HMS is usually traded as a blend of 1 and 2, either a premium blend (80:20) or lower grade mixes (70:30) & 60-40

Additional Information:

Payment Terms : L/C, T/T,

Packaging Details : Seller issues SCO offer of HMS SCRAP METAL to Buyer.
If Buyer is interested The buyer issues the Letter of Intent (LOI) with Buyers full information with authorization for soft probe. An LOI template from Seller is available for use by the Buyer if needed.
2. The Seller issues the draft of the Credit Contract (SPA) agreement to Buyer for review OR if
a) Buyer and Seller already understand and agree to the terms of the Contract, Seller pulls the actual Contract and sends it to Buyer for signature
3. The Buyer initials, and sends the draft Contract back to the Seller (via TCGI) along with the sample verbiage of the Letter of Credit from Buyers issuing bank. The sample verbiage allows the Sellers bank to review text / wordings of the LC so when the actual LC is tendered, no issues would prevent it from being processed smoothly.
If the actual Contract had been the one issued to the Buyer, as in 2(a) above, Buyer signs and seals the Contract (SPA) and along with the sample verbiage of the LC, sends both documents to Seller for counter signature and approval.
4. Seller countersigns Contract (SPA), issues a non-operative 2% corporate Performance Bond and send by e-mail (considered as hard copies) the fully singed and sealed (by both parties) Contract (SPA) with cPB and approval of the LC verbiage (revised or not).
a) Buyer agrees that Bank fees associated with the redeeming of the DLC shall be to the account of the Buyer on the very 1st LC issued. A notation to this effect must be in the LC verbiage. Succeeding LC collection fees shall be to Sellers account.
5. Within Five (5) working days of successful verification and approval of DLC verbiage Format. The Buyer will issue an Irrevocable DLC for the 1st months delivery.
6. Upon receipt and successful verification of the DLC, and operative (Bank) Performance Bond shall replace the issued cPB, Shipping Documents (OBOL, Quality/Quantity Inspection Reports, Certificate of Origin, Comm Invoice, Packing list, etc.) shall be provided to redeem DLC.
7. First shipment shall proceed within 15-30 days and continue according to the schedule agreed in the contract. Succeeding shipment leave port every 30 days with average transit time to ASWP at 32 days.
Corresponding LCs shall be opened each month or an auto-revolving LC could be issued instead.

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