Before You Commit to a Lot
The questions a buyer should have answered before agreeing a price. Related reading: what decides value and export documents.
How to Use This Checklist
Work through the list before an offer is agreed, not after the container is loaded. Each tick should be backed by something on paper or on screen: a reading, a photograph, a certificate or a line on the packing list. Where an item cannot be ticked, it does not always stop the deal, but it should change how the lot is described and how the risk is priced.
The first items deal with what the material is: grade, identification method and form. The middle items deal with what else is in the lot: cladding, coatings, oil and attached parts of other alloys. The last items deal with paperwork and logistics, which decide whether the lot clears customs without delay. For the identification step, see positive material identification and the PMI inspection checklist; for weighing and packing, see the scrap preparation guide.
Published by Mipra Steel, Khetwadi, Mumbai · Last updated