GRW

Email: grwglobal@aol.com

Copper Wire  from Pakistan

 

 

INFORMATION, TECHNICAL DETAILS - COPPER WIRE SCRAP 

¨      Copper (Cu) Wire Scrap, generated in-house during cable making process, other details are reproduced as under:

 

1.      Product = Cu Scrap in briquettes on wooden pallets covered with PE sheets & strapped;

¨      ISRI (Institute of Scrap Recycling Industries) code = ‘Barley’ & ‘Berry’.

¨      Average dimension of briquette = 24 x 16 x 9 inches

¨      Average weight per briquette = 125 kg

¨      Number of briquettes per pallet = 16

¨      Pallet size = 42 x 42 inches

¨      Average weight per pallet = 2,000 kg

¨      Number of pallets can be loaded per 20-ft container = 10

¨      Approximate weight can be loaded per 20-ft container = 20,000 kg or 20-MT

Price:   3%  (three percent) discount on LME Cu cash price. Based on FAS Pakistan sea port - Incoterms® 2010, Payment through irrevocable & confirmed sight LC. 

 QUALITY:            Manufacturer’s certificate for quality, weight and packing. Buyer’s representative may

                                Inspect the material in the factory before packing or may arrange an inspection at the

                                Plant from SGS at buyer’s cost.

PAYMENT:          Under documentary irrevocable letter of credit, payable 100% invoice value at sight.

SHIPMENT:         In 20-ft container (containerized vessel).

DELIVERY:           Within 6-weeks from the date of receipt of workable and operative LC in Pakistan.

FREIGHT:             Can be provided on receipt of name of Port of Discharge.

NOTE:               It is strongly recommended to arrage freight at buyer’s end at their risk and cost.

COMMISSION:  Brokers or Middleman may add their commission to the contract price, which shall be

                        payable after shipment and receipt of sale proceeds under the LC.

PLANT VISIT:   Can be arranged at the time of first transaction is concluded.

 

 

Addl. Info:       GRW – a G11 Corporation (E-mail: grwglobal@aol.com

 PREFACE

The standard specifications included in this Circular are intended to assist
members in the buying and selling of their materials and products.
These specifications are derived from many sectors of the metals, paper
stock, plastics, glass, and electronics industries and are constructed to represent
the quality or composition of the materials bought and sold in the
industry. The specifications are internationally accepted and are used
throughout the world to trade the various commodities.
Parties to a transaction may specify particular variations or additions to
these specifications as are suited for their specific transactions and for their
individual convenience. Any deviation from the standard specifications, however,
should be mutually agreed to and so stipulated in writing by the parties
to the transactions.
ISRI maintains an Arbitration Service as a means of enabling members to
settle differences between themselves or between one of them and a nonmember.
In addition, the “Guidelines for Metals Transactions” contain supplementary
information that will aid members in completing their business transactions.
It is recommended that these Guidelines be reviewed and that members use
them in conjunction with the actual specifications in the conduct of their
business.
ISRI’s Scrap Specifications Circular is posted in PDF format at least once per
year on the ISRI web site. To ensure you have the most up-to-date version,
visit www.isri.org/specs.
Guidelines for Nonferrous Scrap: NF-2011
Note:When the individual scrap grades in this Circular, denoted by the various code words, are used, an agreement between parties
is also bound by the terms of “Apple” as it appears below, unless the terms and conditions of a specific contract provide otherwise,
in which case the specific contractual provisions shall govern.
Apple Nonferrous Terms
a. Delivery ofmore or less of the specified quantity up
to 3 percent is permissible.
b. A ton shall be understood to be 2,000 pounds,
unless otherwise specified.
c. If any portion of the goods covered by a contract are
unshipped or undeliveredwithin the time specified in
a contract, then that portion is subject to cancellation
by the buyer and/or the buyer has the right to hold
the seller responsible for substantiated damages.
If, because of embargo and/or other conditions of
forcemajeure, a delivery or shipment cannot be
made by the time specified, the contract shall remain
valid and shall be completed promptly upon lifting of
the embargo and/or conditions of forcemajeure and
the terms of said contract shall not be changed.
d. If for any portion of a contract the buyer fails in a
timelymanner to open a Letter of Credit and/or fails
to provide proper conveyance and/or shipping
instructions as specified in the contract, then that
portion is subject to cancellation by the seller and/or
the seller has the right to hold the buyer responsible
for substantiated damages.
If, because of embargo and/or other conditions of
forcemajeure, a delivery or shipment cannot be
made by the time specified, the contract shall remain
valid and shall be completed promptly upon lifting of
the embargo and/or conditions of forcemajeure and
the terms of said contract shall not be changed.
e. If a significant weight or quality difference is apparent,
the seller should be notified promptly and, if
requested, another weight or quality determination
should be taken. Seller and/or buyer should be given
the opportunity to appoint an independent surveyor
or a representative to verify weights and/or quality.
For purposes of this section, themeaning of the
word “significant” shall be determined by agreement
between buyer and seller, depending on the
commodities and their values.
f. If it ismutually determined that goods delivered do
not conformto the description specified in the contract,
then the shipment is subject to rejection or
downgrade.
Disposition of, replacement of, and/or financial
adjustment for rejectedmaterial shall be subjected
tomutual agreement between buyer and seller. Seller
is responsible for freight costs.
Buyer is expected, however, to exert every effort to
limit rejections only to that portion of the shipment
which is unsortable and to return the rejected portion
promptly upon request, if government regulations
permit.
Barley No. 1 COPPER WIRE
Shall consist of No. 1 bare, uncoated, unalloyed copper
wire, not smaller than No. 16 B & S wire gauge. Green
copper wire and hydraulically compactedmaterial to
be subject to agreement between buyer and seller.
Berry No. 1 COPPER WIRE
Shall consist of clean, untinned, uncoated, unalloyed
copper wire and cable, not smaller than No. 16 B & S
wire gauge, free of burnt wire which is brittle. Hydraulically
briquetted copper subject to agreement.
Birch No. 2 COPPER WIRE
Shall consist ofmiscellaneous, unalloyed copper wire
having a nominal 96%copper content (minimum
94%) as determined by electrolytic assay. Should be
free of the following: Excessively leaded, tinned, soldered
copper wire; brass and bronze wire; excessive oil
content, iron, and non-metallics; copper wire from
burning, containing insulation; hair wire; burnt wire
which is brittle; and should be reasonably free of ash.
Hydraulically briquetted copper subject to agreement.
Candy No. 1 HEAVY COPPER
Shall consist of clean, unalloyed, uncoated copper clippings,
punchings, bus bars, commutator segments, and
wire not less than 1/16 of an inch thick, free of burntwire
which is brittle; butmay include clean copper tubing.
Hydraulically briquetted copper subject to agreement.
Cliff No. 2 COPPER
Shall consist ofmiscellaneous, unalloyed copper scrap
having a nominal 96%copper content (minimum94%)
as determined by electrolytic assay. Should be free of
the following: Excessively leaded, tinned, soldered copper
scrap; brasses and bronzes; excessive oil content,
iron and non-metallics; copper tubing with other than
copper connections or with sediment; copper wire from
burning, containing insulation; hair wire; burnt wire
which is brittle; and should be reasonably free of ash.
Hydraulically briquetted copper subject to agreement.
Clove No. 1 COPPER WIRE NODULES
Shall consist of No. 1 bare, uncoated, unalloyed copper
wire scrap nodules, chopped or shredded, free of tin,
lead, zinc, aluminum, iron, othermetallic impurities,
insulation, and other foreign contamination. Minimum
copper 99%. Gauge smaller than No. 16 B & S wire and
hydraulically compactedmaterial subject to agreement
between buyer and seller.
Cobra No. 2 COPPER WIRE NODULES
Shall consist of No. 2 unalloyed copper wire scrap nodules,
chopped or shredded,minimum97%copper.
Maximummetal impurities not to exceed 0.50%alu-
4 SCRAP SPECIFICATIONS CIRCULAR 2011
Guidelines for Nonferrous Scrap: NF-2011
Note:When the individual scrap grades in this Circular, denoted by the various code words, are used, an agreement between parties
is also bound by the terms of “Apple” as it appears below, unless the terms and conditions of a specific contract provide otherwise,
in which case the specific contractual provisions shall govern.
RED METALS
Apple Nonferrous Terms
a. Delivery ofmore or less of the specified quantity up
to 3 percent is permissible.
b. A ton shall be understood to be 2,000 pounds,
unless otherwise specified.
c. If any portion of the goods covered by a contract are
unshipped or undeliveredwithin the time specified in
a contract, then that portion is subject to cancellation
by the buyer and/or the buyer has the right to hold
the seller responsible for substantiated damages.
If, because of embargo and/or other conditions of
forcemajeure, a delivery or shipment cannot be
made by the time specified, the contract shall remain
valid and shall be completed promptly upon lifting of
the embargo and/or conditions of forcemajeure and
the terms of said contract shall not be changed.
d. If for any portion of a contract the buyer fails in a
timelymanner to open a Letter of Credit and/or fails
to provide proper conveyance and/or shipping
instructions as specified in the contract, then that
portion is subject to cancellation by the seller and/or
the seller has the right to hold the buyer responsible
for substantiated damages.
If, because of embargo and/or other conditions of
forcemajeure, a delivery or shipment cannot be
made by the time specified, the contract shall remain
valid and shall be completed promptly upon lifting of
the embargo and/or conditions of forcemajeure and
the terms of said contract shall not be changed.
e. If a significant weight or quality difference is apparent,
the seller should be notified promptly and, if
requested, another weight or quality determination
should be taken. Seller and/or buyer should be given
the opportunity to appoint an independent surveyor
or a representative to verify weights and/or quality.
For purposes of this section, themeaning of the
word “significant” shall be determined by agreement
between buyer and seller, depending on the
commodities and their values.
f. If it ismutually determined that goods delivered do
not conformto the description specified in the contract,
then the shipment is subject to rejection or
downgrade.
Disposition of, replacement of, and/or financial
adjustment for rejectedmaterial shall be subjected
tomutual agreement between buyer and seller. Seller
is responsible for freight costs.
Buyer is expected, however, to exert every effort to
limit rejections only to that portion of the shipment
which is unsortable and to return the rejected portion
promptly upon request, if government regulations
permit.
Barley No. 1 COPPER WIRE
Shall consist of No. 1 bare, uncoated, unalloyed copper
wire, not smaller than No. 16 B & S wire gauge. Green
copper wire and hydraulically compactedmaterial to
be subject to agreement between buyer and seller.
Berry No. 1 COPPER WIRE
Shall consist of clean, untinned, uncoated, unalloyed
copper wire and cable, not smaller than No. 16 B & S
wire gauge, free of burnt wire which is brittle. Hydraulically
briquetted copper subject to agreement.
Birch No. 2 COPPER WIRE
Shall consist ofmiscellaneous, unalloyed copper wire
having a nominal 96%copper content (minimum
94%) as determined by electrolytic assay. Should be
free of the following: Excessively leaded, tinned, soldered
copper wire; brass and bronze wire; excessive oil
content, iron, and non-metallics; copper wire from
burning, containing insulation; hair wire; burnt wire
which is brittle; and should be reasonably free of ash.
Hydraulically briquetted copper subject to agreement.
Candy No. 1 HEAVY COPPER
Shall consist of clean, unalloyed, uncoated copper clippings,
punchings, bus bars, commutator segments, and
wire not less than 1/16 of an inch thick, free of burntwire
which is brittle; butmay include clean copper tubing.
Hydraulically briquetted copper subject to agreement.
Cliff No. 2 COPPER
Shall consist ofmiscellaneous, unalloyed copper scrap
having a nominal 96%copper content (minimum94%)
as determined by electrolytic assay. Should be free of
the following: Excessively leaded, tinned, soldered copper
scrap; brasses and bronzes; excessive oil content,
iron and non-metallics; copper tubing with other than
copper connections or with sediment; copper wire from
burning, containing insulation; hair wire; burnt wire
which is brittle; and should be reasonably free of ash.
Hydraulically briquetted copper subject to agreement.
Clove No. 1 COPPER WIRE NODULES
Shall consist of No. 1 bare, uncoated, unalloyed copper
wire scrap nodules, chopped or shredded, free of tin,
lead, zinc, aluminum, iron, othermetallic impurities,
insulation, and other foreign contamination. Minimum
copper 99%. Gauge smaller than No. 16 B & S wire and
hydraulically compactedmaterial subject to agreement
between buyer and seller.
Cobra No. 2 COPPER WIRE NODULES
Shall consist of No. 2 unalloyed copper wire scrap nodules,
chopped or shredded,minimum97%copper.
Maximummetal impurities not to exceed 0.50%alu-
4 SCRAP SPECIFICATIONS CIRCULAR 2011
Guidelines for Nonferrous Scrap: NF-2011
Note:When the individual scrap grades in this Circular, denoted by the various code words, are used, an agreement between parties
is also bound by the terms of “Apple” as it appears below, unless the terms and conditions of a specific contract provide otherwise,
in which case the specific contractual provisions shall govern.