LETTER OF INTENT
We ,M/S. (Name withheld) , Karachi, Pakistan hereby state and represent that is our intention to purchase, and we hereby confirm that we are ready ,willing and able to purchase the following commodity as per specification and in the quantity and for the price as specified in the terms and condition as stated below:
COMMODITY : Re-Rollable Scrap
ORIGIN : Any
SPECIFICATIONS : Ship Plates, Big Pipes, split pieces, Steel Rods, Girders, constructional steel.
QUANTITY : 2000MTW to 25000 MTW
DESTINATION : Karachi Port Pakistan
SHIPPING TERMS : CNF
DELIVERY TIME : Immediately upon receiving the L/C.
INSPECTION : By any International Survey Company and Buyer’s representative.
PAYMENT : By an irrevocable 100% L/C at sight.
We M/S. (Name withheld) , Karachi, Pakistan are aware that this LOI is being issued on 13-10-2010.
Adeel Patrick(CEO and Managing Director.)