Contract for Sales of Industrial
and Mineral Products
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Date : January
1 st
, 2010
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Contract No.:XPJT10010101
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Signed at:
Anyang Xinpu Steel Co., Ltd.
Seller: Henan
Shuncheng Group Coal Coke Co., Ltd.
Buyer: Anyang
Xinpu Steel Co., Ltd.
This contract
is entered into between the Seller and the Buyer on the basis of
both parties’ full consultation pursuant to the Contract Law
of the People's Republic of China.
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Commodity and
Specification, Quantity and Amount
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Coke, Secondary
metallurgical coke
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Settled by the
actual supply
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Eighteen
million and two hundred thousand
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Quality
Standards: Inherent Carbon ≥85%, Ash Content≤13%,
Vdaf≤1.8%, Sulfur≤0.65%, Moisture retention 8%, 1% of the
losses occurred in transit is borne by the seller, particle size
3-8cm, crushing strength M 25 ≥88%, scurf resistance M
10 ≤8%.
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Methods for
inspection and acceptance: laboratory test to be made by the Buyer,
inspection weight to be weighed by the Buyer.
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1.
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If inherent Carbon is lower than 85%, a penalty
of each 0.1 will be 2 yuan per ton.
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2.
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If sulfur is higher than 0.65%, a penalty of
each 0.01 will be 2 yuan per ton.
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3.
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If moisture retention is higher than 8%, all the
amounts of the excess part are borne by the seller.
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4.
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If crushing strength M 25 is
lower than 88%, a penalty of each 1% will be 5 yuan per
ton.
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5.
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If coke breeze content is higher than 4%, the
amounts of the excess part are borne by the seller.
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The above penalties will be
accumulated.
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Means of
transportation: Truck, to be picked up by the Buyer.
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Delivery date:
From January 1 st ,
2010 to February 28 th ,
2010
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Payment for
goods: settled against one invoice, issuing VAT invoices (tax rate:
17%). Paid in the form of bank acceptance, remit or trade
acceptance.
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Economic
responsibility: abidi
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