Iron Industries, LLC. works with various payment terms. Our current preferred method is:
Cash Against Documents (CAD)
- 20% – 33% Deposit.
- Balance Against Documents (with the OBL, not Draft BL. We pay the ocean freight).
Letters of Credit
- We will accept LCs from certain countries.
- The LC should be a 60 Day Irrevocable Revolving Cumulative Letter of Credit at Sight.
- On a 60-day LC we have 45 full days to ship. We will not accept a 30 day LC.
- Grade: HMS 1 & 2
- Tonnage: 1,000 MT
- Price: $291 MT CIF
- Loading Port: ASWP
- Destination: Mundra
- Payment Terms: 20% Deposit on 200 MT = $11,640 USD (40MT)
- 960 MT by Letter of Credit
Call or WhatsApp: 1+305-780-4942