HMS 1 & 2 Scrap

Quantity

Unit

Metric Ton

Minimum Order Quantity 5000 Metric Tons

Business Type Exporter, Supplier, Trader & Distributor

Application Steel Recycling & Manufacturing

Purity 46%

MOQ 5000 Metric Tons

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PRODUCT INFORMATION

Product Details

Packaging Details As per Client Requirement

We are one of the largest Steel Scrap or Heavy Melting Steel Scrap (HMS 1 & 2) exporter in the world & we can arrange supply on spot or contract basis as per customers demand with the best price. We have more than 17 years experience in this field & know the know how of this business very well. Our scrap division is equipped with all modern techniques of the business & work round the clock 24 hours a day 7 days a week & 365 days a year to make support our international customers instantly. So if you fall in any of the above we may be your number one source for buying your any kinds of Steel Scrap or Heavy Melting Scrap (HMS 1 & 2).

STEEL SCRAP or HEAVY MELTING SCRAP (HMS 1 & 2) is the generic term for most types of heavy steel scrap, normally cut to a size not exceeding 1.5m x 0.5m. It consists of lengths of pipe, re-bar, angles, steel poles, H or I beams, ships plate and so on. HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap such as thin wall tubing (e.g. bicycle frames), sheet scrap less than 3.2mm thick and so on. The two (HMS 1 & 2) are normally sold in a ratio of 80/20 heavy and light.

The Institute of Scrap Recycling Industries breaks up the categories further.

CLASSIFICATION

ISRI Scrap Categories

ISRI 200 No. 1

Wrought iron and/or steel scrap 1/4 inch and over in thickness. Individual pieces not over 60 inches x 18 inches (charging box size).

ISRI 201 (HMS 1)

Same as ISRI 200 except pieces must be smaller than 36 x 18 inches.

ISRI 202 No. 1

Heavy melting steel, 5 feet x 18 inches. Prepared in a manner to insure compact charging.

ISRI 203 No. 2

Heavy melting steel. Wrought iron and steel scrap, black and galvanized, 1/8 inch and over in thickness, charging box size to include material not suitable as No. 1 heavy melting steel. Prepared in a manner to insure compact charging.

ISRI 204 No. 2

Heavy melting steel. Wrought iron and steel scrap, black and galvanized, size 40 x 18 inches. May include all automobile scrap properly prepared.

ISRI 205 No. 2

Heavy melting steel 3 feet x 18 inches. Wrought iron and steel scrap, black and galvanized, size 36 x 18 inches. May include automobile scrap, properly prepared, however, to be free of sheet iron or thin gauged material.

ISRI 206 No. 2

Heavy melting steel 6 feet x 18 inches. Wrought iron and steel scrap, black and galvanized, size 60 x 18 inches. May include automobile scrap, properly prepared, however, to be free of sheet iron or thin gauged material.

Heavy melting steel scrap HMS 1 & 2 (80:20) and HMS 1 (100%) in brief

PRODUCT QUALITY

Specifications

HMS 1 & 2 (80:20) and HMS 1 (100%)

Steel scrap shall be considered free of alloys when the residual alloying elements do not exceed the following percentages:

Nickel 0.45%
Chromium 0.20%
Molybdenum 0.10%
Manganese 1.65%

The combined residuals other than manganese shall not exceed a total of 0.60 percent.

TRADE PROCESS

Procedures

Buyer sends an LOI/CPO.
Seller sends FCO, Buyer signs/seals FCO.
Seller issues Draft Contract with banking details.
Buyer signs/seals draft contract and returns it acceptable.
Buyer has face-to-face meeting with Seller for signing final contract. The meeting place to be mutually agreed between Seller and Buyer.
Buyer's Bank issues non-operative L/C to seller's bank.
Seller's bank issues 2% Performance Bond.
Buyer's bank issues the operative L/C to the seller's bank.
Seller commences shipment as per agreed contract terms.
Copies of relevant shipping documents are sent to the buyer.
Payment terms and procedures are completed according to the agreed Letter of Credit and contract conditions.

If you are interested to buy any kinds of Steel Scrap or Heavy Melting Steel Scrap (HMS 1 & 2), please feel free to contact us with your specific enquiry or click below to send your enquiry. We will try to quote you our best price within 24 hours.

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