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MS Scrap

We offer a complete product range of HMS 1&2 Scrap and HMS Scrap

HMS 1&2 Scrap

We are a prominent HMS 1&2 Scrap Sourcing Agent in Pune (India). Heavy Melting Steel (HMS) or Heavy Melting Scrap is a designation for recyclable steel and wrought iron. It has two categories HMS 1 and HMS 2. HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does. Sizes Available
  • ISRI 200 (HMS 1) : Wrought iron and/or steel scrap 14 inch and larger in thickness. All piece smaller than 60x24 in
  • ISRI 201 (HMS 1) : Same as ISRI 200 except pieces smaller than 36x18 in
  • ISRI 202 (HMS 1) : Same as ISRI 200 except pieces smaller than 60x18 in
  • ISRI 203 (HMS 2) : Wrought iron and/or steel scrap, black and galvanized, 18 inch and larger in thickness
  • ISRI 204 (HMS 2) : Same as ISRI 203 except pieces smaller than 36x18 in
  • ISRI 205 (HMS 2) : Same as ISRI 204 except it may contain automotive scrap except for thin gauge material
  • ISRI 206 (HMS 2) : Same as ISRI 205 except pieces smaller than 60x18 in
Technical SpecificationsSteel scraps shall be considered free of alloys when the residual alloying elements do not exceed the followingPercentage Points
  • Nickel : (0.45)
  • Chromium : (0.20)
  • Molybdenum : (0.10)
  • Manganese : (1.65)
The combined residuals shall not exceed a total of (0.60) percent HMS 1&2 - ISRI 200-206(80%/20%) ISRI 200 206: steel scrap defined as HMS 1&2 IN A 80%/20% mix under ISRI codes 200 through 206. Non-metal impurities total 1% (1 percent) or less- no radiation, arms, ammunition, bombs, shells, mines, cartridges, sealed gas cylinders. High carbon steel is not included in this scrap. Origin : Europe, sellers option Your Cost
  • $ xxx.00 per MT CIF (Cost, Insurance, Freight) 30, 000 MT per month one year contract
  • If buyer puts up a SBLC for 2 months value the metric ton price will be less $10.00 per MT CIF.
Payment Terms
  • Irrevocable, transferable [may or may be not], revolving Documentary Letter of Credit by top 25 bank. Plus a Standby Letter of Credit for the value of one (1) month shipment to be returned at end of contract period. [It may consider to not need later]. All the payment will be according to international import export rules of HMS/Used Rails. LC will be cashed at the time of loading/dispatching the shipment at New Jersey Port.
  • Pre Inspection can be arranged at the time of loading at New Jersey Port USA.
  • Performance Guarantee : 2% Performance Guarantee will be issued for the value of each shipment.
Shipping
  • Shipments shall begin 30-45 days after receipt and confirmation of Letter of Credit.
  • Yard visit after contract is signed and CMA has notice of letter of credit.
  • Visit to pier at loading at buyers expense only! Sales terms are firm.
Note : Price, availability, quantity and product information subject to change without notice
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