I am direct with the institution that sells iron. For sale: iron by supply from SABIC. The following are the mechanisms as received directly from the institution: There are 4 mechanisms from which the buyer chooses what suits him, and they are as follows:
First mechanism: Bank guarantee
Second mechanism: Bank acceptance
The price depends on the amount of the bank guarantee or bank acceptance provided.
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Third mechanism: Daily payment with a security deposit. For example, daily payment of 2000 tons, security deposit of 5000 tons. In this case, the ton is 1850 including commission.
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Fourth mechanism: Payment by purchase order. Price (2250-2400) including commission. .. .
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These ^ are four mechanisms. The first and second mechanisms have prices as follows: The contract depends on how much the guarantee is opened -
. Every 100 thousand tons (1350) SAR including commission
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- Every 50 thousand tons (1450) SAR
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- Every 30 thousand tons (1550) SAR
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Or by amount - every 100 million SAR (1500) SAR
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- Every 50 million SAR (1600) SAR.
All mentioned prices include tax, delivery, and commission, knowing that the commission value is 50 SAR per ton. And be aware that the minimum guarantee is 30 thousand tons or 50 million SAR.
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. All this information was received directly from the institution. When contacting via WhatsApp, it is important to write to me that you are contacting about iron offer number 4 B. Contact via WhatsApp: 7 7 4 6 6 3 7 9 5 0