With access to some of the largest steel producers in the world such as MMK, REMZ, DEMZ, AMZ, TulaChermet, StavStal, Abinsk Metallurgical Combine, Vimag PTE Ltd. provide marketing services for steel mills and sourcing services for end users according to their specific needs.
Our main focus is on bulk sea shipment of steel cargoes with handling the entire flow of in-land transports and ocean transports all the way through to our clients. Vimag PTE Ltd. also organize truck and container freights and storage of cargoes at sea ports.
Supply of raw materials
Based on key relationships with steel producers and suppliers, Vimag PTE Ltd. became a reliable vendor of metallurgical raw material, especially of scrap and electrodes, for various manufacturers: DEMZ, REMZ, Abinsk Metallurgical Combine etc.
Having good position with leading banks in Singapore and EU we are able to organize pre-financing for steel producers/suppliers and credit sales to customers.
During season 2019 we are aimed to ship via Black Sea ports about 300,000 tons of steel products, mainly billets and wire rods, to clients in Egypt, Brazil, Taiwan, Turkey and Europe directly and through trading companies.
For the next season Vimag PTE Ltd. have a plan to ship 2-2.5 times more with minimum volume 50-60,000 tons per month.
Vimag PTE Ltd. can consider wide range of payment terms to our customers. Our preferable terms are:
— Irrevocable Letter of Credit in EURO or USD
— Partial advance 20-30% and balance payment against copies of shipping documents before discharge.