WANTED: Steel Billets
Buy Requirement Specifications & Trade Terms
A buyer from South Korea (Republic Of Korea) is looking for wholesale steel billets. Quantity required: 1 Twenty-Foot Container. Shipping terms: CIF. Payment terms: 100% L/C. 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 South Korea (Republic Of Korea) 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 billets requirement.
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Browse more active buy leads for steel billets and related B2B Products products from importers worldwide on EximNext B2B Marketplace.
1 Twenty-Foot Container of Steel Billets Sought by a Verified Importer in South Korea (Republic Of Korea)
An importer in South Korea (Republic Of Korea) has posted an active requirement for steel billets, indicating a volume of 1 Twenty-Foot Container. Delivery is sought into Busan Port, Korea, South Korea (Republic Of Korea) on CIF terms, with settlement by 100% L/C, so responding sellers should be positioned to perform on a seaborne cargo rather than a small parcel. The buyer's own note adds: "Type: Steel Billets 3p -6p 12000mm; Quantity - 20ft X1 Test And 10 000mt". Suppliers preparing an offer should be ready to evidence steel billets 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. Steel billets 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 Busan Port, Korea, South Korea (Republic Of Korea); 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, 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 Billets Buy Leads
How much steel billets is this buyer looking to source?
The buyer has indicated a requirement of 1 Twenty-Foot Container. 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% L/C. Quote your price on those Incoterms and set out the documents you can present against 100% L/C.
What is the delivery destination for this steel billets requirement?
The buyer has named Busan Port, Korea, South Korea (Republic Of Korea) 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 billets specification has this buyer outlined?
The buyer's own note adds: "Type: Steel Billets 3p -6p 12000mm; Quantity - 20ft X1 Test And 10 000mt". 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 billets requirement still open?
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 billets 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 billets?
Wholesale steel billets 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 billets trade?
Bulk steel billets 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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