This is a confirmed offer as I am directly connected with the selling company. For sale: SABIC iron supply. Below are the mechanisms as received directly from the company: There are 4 mechanisms from which the buyer can choose, including the 'Load and Pay' mechanism, meaning payment upon loading. Mechanism 1: Bank Guarantee Mechanism 2: Bank Letter of Credit The price depends on the amount of the bank guarantee or letter of credit provided. . . Mechanism 3: Load and Pay. Payment is daily with a security deposit. For example, daily payment for 1000 or 2000 tons after loading or after the iron is transferred to the buyer's warehouses before unloading. The security deposit is via an immediate transfer or bank guarantee for an amount between 5000 and 7000 tons. In this case, the price per ton is 1800 SAR, excluding commission. . Mechanism 4: Payment via Purchase Order. Price (2200-2350) excluding commission. . . . These are the four mechanisms. The prices for the first and second mechanisms are as follows: The contract depends on the amount of the guarantee - . If the guarantee is for 100,000 tons, the price is (1300) SAR, excluding commission. . If the guarantee is for every 50,000 tons, the price is (1400) SAR, excluding commission. . If the guarantee is for every 30,000 tons, the price is (1500) SAR, excluding commission. If the guarantee is in cash, the mechanism is as follows: - For every guarantee of 100 million SAR, the price is (1500) SAR, excluding commission. - For every guarantee of 50 million SAR, the price is (1600) SAR, excluding commission. All mentioned prices include tax and transportation but exclude commission. To know the value in dollars, divide the amount by 3.75. For example, 1300 ÷ 3.75 = approximately $346. Please note that the minimum acceptable guarantee for large, multi-million quantities is the value of 30,000 tons or 50 million SAR in cash. . An additional 60 SAR per ton will be added as our institution's commission, including the tax on the commission. Brokers from the buyer's side will take their commission from the buyer only, and neither I nor my institution will be partners with them in their commission. Note: This iron company also supplies railway bars. The price per ton varies depending on the quantity and the payment mechanism the buyer wishes to use for the bars. . All this information was received directly from the company. I am the owner and manager of an institution specializing in commercial brokerage. I do not receive phone calls. Communication is only via WhatsApp: ( Phone number appears when clicking the contact button )