Ex-works & FOB quotes · 48 h response · Mill test certificate with every shipment
Sales: +86 178 6299 6767

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Terms of sale

Last updated 10 November 2026.

1. Quotations

Quotations are valid for 7 days and based on the steel price at the date of issue. An order exists once confirmed in writing and the agreed deposit is received.

2. Specifications and tolerance

Dimensions and properties follow the standard named in the quotation. Theoretical weights use 7.85 g/cm³.

3. Payment

30 % deposit, 70 % against B/L copy, T/T. L/C at sight above USD 50,000.

4. Delivery and risk

Incoterms 2020 as named in the quotation. Lead times are good-faith estimates.

5. Inspection and claims

Mill certificate with every shipment. Quantity/damage claims within 7 days; hidden defects within 60 days.

6. Warranty and liability

Warranted to meet the declared standard at delivery; fabrication by others is outside scope.

7. Governing law

Governed by the laws of the People's Republic of China.

8. Contact

Shandong Pengyu Metal Products Co., Ltd. · sales@pengyumetal.com · +86 178 6299 6767