WANTED: Steel Billet
Buy Requirement Specifications & Trade Terms
A buyer from Saudi Arabia is looking for wholesale steel billet. Quantity required: 50000 Metric Ton/Metric Tons. Shipping terms: CIF. Payment terms: 100% LC at sight. 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 Saudi Arabia 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 steel billet requirement.
Similar Wholesale Steel Billet Buy Leads
Browse more active buy leads for steel billet and related B2B Products products from importers worldwide on EximNext B2B Marketplace.
Importer in Saudi Arabia Seeking 50,000 Metric Tons of Steel Billet
An importer in Saudi Arabia has posted an active requirement for steel billet, indicating a volume of 50,000 Metric Tons. Delivery is sought into King Abdullah Port, Saudi Arabia on CIF terms, with settlement by 100% LC at sight, so responding sellers should be positioned to perform on a seaborne cargo rather than a small parcel. The buyer's own note adds: "Require 50000mt Steel Billets; CIF king Abdullah port; Payment term 100% LC at sight". A credible offer evidences steel billet on a certificate of analysis: 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), against standard ISO sampling and assay methods. Proof of material, a verifiable load port, and available tonnage carry more weight than price alone at first contact. 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. Steel billet 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, here King Abdullah Port, Saudi Arabia; under CFR the seller arranges the vessel through to the buyer's port. Confirm Incoterms 2020 so the point of 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, which matches the instrument this buyer has specified. 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 Steel Billet Buy Leads
What quantity of steel billet does this buyer need?
The buyer has indicated a requirement of 50,000 Metric 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 100% LC at sight. Quote your price on those Incoterms and set out the documents you can present against 100% LC at sight.
Where does this buyer want steel billet delivered?
The buyer has named King Abdullah Port, Saudi Arabia as the delivery point. Factor the freight, insurance, and transit time to that discharge port into a CIF or CFR offer, and state the vessel or routing your price assumes.
What steel billet specification has this buyer outlined?
The buyer's own note adds: "Require 50000mt Steel Billets; CIF king Abdullah port; Payment term 100% LC at sight". 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 steel billet buy lead still active?
This buy lead is currently open and accepting quotations. It was posted on July 29, 2026. 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 steel billet requirement?
Use the Submit Quotation button on this page to send your offer directly to the buyer. A complete quote covers your price and its validity window, MOQ, load port and laycan, and the certifications you can provide. The buyer's contact details are released once you submit a quotation, so there is no need to source them elsewhere.
What HS code applies to steel billet?
Wholesale steel billet 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 steel billet trade?
Bulk steel billet 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.
South Korea (Republic Of Korea)
United Arab Emirates
Sweden
Australia
Qatar
Oman
Bahrain
New Zealand
Turkey
Philippines
United States
United Kingdom
Singapore