WANTED: Cast Iron Scrap
Buy Requirement Specifications & Trade Terms
A buyer from India is looking for wholesale cast iron scrap. Quantity required: 1000 Ton/Tons. Shipping terms: CIF. Payment terms: 30% ADVANCE AND REST UPON BL/BANK. Review the full specifications and submit your competitive quote.
Shipping Terms & Destination Port
The buyer requires CIF shipping terms. Exporters from any country capable of shipping to India are encouraged to submit their best FOB or CIF pricing.
Submit Your Quotation
Verified suppliers can submit their wholesale quotation including FOB pricing, MOQ, production capacity, and shipping terms. Click "Submit Quotation" to respond directly to this cast iron scrap requirement.
Similar Wholesale Cast Iron Scrap Buy Leads
Browse more active buy leads for cast iron scrap and related B2B Products products from importers worldwide on EximNext B2B Marketplace.
Cast Iron Scrap Needed in India: 1,000 Tons Wholesale Buy Lead
A verified buyer in India has posted an active requirement for cast iron scrap, indicating a volume of 1,000 Tons. The buyer has specified CIF shipping, with settlement by 30% ADVANCE AND REST UPON BL/BANK, so responding sellers should be positioned to perform on a seaborne cargo rather than a small parcel. The buyer's own note adds: "Quantity:1000 tone per 2 month". Suppliers preparing an offer should be ready to evidence cast iron scrap on a current certificate of analysis, covering the assay (for ore, Fe or metal content, silica, alumina, phosphorus and sulphur, moisture, and size fraction such as lump, fines or pellet; for finished metal, grade, dimensions and mechanical properties), reported against standard ISO sampling and assay methods. At first contact, proof of material and a clear statement of available tonnage count for more than a headline price. Quality and quantity are normally established by an independent inspector such as SGS or Intertek, with sampling and a draft survey at the load port and re-check at the discharge port. Cast iron scrap moves as bulk-carrier cargo, so the offer should name the load port, the vessel class the parcel suits, the laycan, and the tonnage genuinely available, rather than container or packaging detail. Trade terms most often negotiated are FOB at the load port and CFR or CIF to the discharge port; under CFR the seller arranges the vessel through to the buyer's port. Quote Incoterms 2020 explicitly so risk transfer is unambiguous. Payment on cargoes of this size is usually an irrevocable documentary letter of credit, often with final settlement against the inspected content at discharge. A complete first response covers grade compliance against the buyer's note, a delivered price with a clear validity window and any index linkage, proof of material and available tonnage, the load port and laycan, the inspection and assay arrangement, and the bank instrument the offer can perform against.
Frequently Asked Questions About Cast Iron Scrap Buy Leads
How much cast iron scrap is this buyer looking to source?
The buyer has indicated a requirement of 1,000 Tons. Confirm your available volume against it, state your MOQ if it sits below this figure, and give the production or shipment schedule you can hold to.
What shipping and payment terms did this buyer specify?
The buyer has specified CIF shipping and settlement by 30% ADVANCE AND REST UPON BL/BANK. Quote your price on those Incoterms and set out the documents you can present against 30% ADVANCE AND REST UPON BL/BANK.
What cast iron scrap specification has this buyer outlined?
The buyer's own note adds: "Quantity:1000 tone per 2 month". Match your certificate of analysis and supporting documents to these points in the first response, and flag any deviation from the buyer's stated requirement up front rather than after a sample.
Is this cast iron scrap requirement still open?
This buy lead is now marked closed and is no longer accepting quotations. It was posted on August 4, 2025. Requirements that pass six months without activity are automatically marked closed, so the most recently posted leads are the most likely to convert.
How do I submit a quotation on this cast iron scrap requirement?
This requirement is closed, so it is no longer taking quotations. Use the similar active buy leads listed on this page to reach buyers with live demand for cast iron scrap, and post or follow your own requirement to be matched with new leads.
What HS code applies to cast iron scrap?
Wholesale cast iron scrap is classified under a specific HS heading that sets the duty and documentary regime in the destination market. Confirm the exact ten-digit national tariff line with a licensed customs broker before shipment, and keep that code identical across the commercial invoice, packing list, and certificate of origin so the consignment clears in one pass.
Which Incoterms and payment methods are standard in cast iron scrap trade?
Bulk cast iron scrap usually moves FOB at the load port or CIF and CFR to the discharge port, quoted on Incoterms 2020 to fix the point of risk transfer. Payment is commonly an irrevocable letter of credit at sight, a telegraphic transfer with a partial advance against shipping documents, or platform-mediated escrow on a first order.
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