Products
Our portfolio includes a range of products to suit most corporate demands. The following products are offered under Metals and Minerals category:
- Steam Coal
- Iron Ore
- Metal Scrap
Procedure
We generally respond to buyer’s LOI with Soft Corporate Offer (SCO), which formally initiates the Sales & Purchase process.
Our SCOs and transaction processes are compliant to Industry Standards, Basel III and/or Refinery pre-settings.
If necessary, after our brief initial evaluation we conduct a conference call with the Buyer or the authorized representative (please note: any representative has to proof his authorization) before Buyer issues the LOI.
After such clarifications the Buyer issues a LOI. Then the Seller Group starts the due diligence of Buyer (such as blacklist, bank checks, licenses, etc.).
If this step is finished with successful results, we provide the buyer a SCO based on our fuel allocations including all necessary terms & conditions to conclude the transaction timely.