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8 mm Copper Rod Tender Notice National Iranian Copper Industries Company

National Iranian Copper Industries Company intends to sell 8 mm Copper Rod as per following terms & conditions:

Commodity:Copper Rod as per following typical analysis:


99.994  Min













































































Produced :At Sarcheshmeh copper complex in I.R.Iran

Standard: ASTM B49.

Coil Inner Diameter : 1000 (mm)

Coil Outer Diameter : 1800 (mm)

Diameter:8 +/- 0.38 (mm)

Weight of Each Coil:About 5.00 Mt.

Length: Abt 11200 Meter.

Quantity: 5,000 MT +/- 2% (seller’s option)

Shipment:In partial shipments during 5 monthscommencing from November 2018 onward. The exact shipment schedule shall be mutually agreed by buyer & seller at the time of contract settlement.

Delivery:FOB Bandar Abbas / Iran

Price:The price per metric ton of the material shall be the official LME cash settlement price for copper grade 'A' in USD as published in the London Metal Bulletin, during the quotational period plus premium.

Quotational Period: QP shall be average of the first month following the month of actual shipment from the port of loading as evidenced by B/L date (MOAS+1).

Weight: Shipped weights as per Bill of Lading to govern for final settlement at loading port. An International LME approved Inspection Company shall be appointed mutually to perform weighing procedure and the cost shall be shared mutually between seller and buyer 50/50.

 Payment Procedure: Buyer shall pay 100% (one hundred percent) of proforma/ provisional invoice value amount in Euro, prompt net cash payable by telegraphic transfer or under an Irrevocable Letter of Credit at sight to a bank which is nominated by seller. Proforma/Provisional invoice amount shall be calculated based on provisional price which is average of five consecutive working days prior date of Proforma/Provisional invoice and analysis mentioned in the contract.All calculation of Proforma/Provisional/final invoices is based on USD, then converted to Euro for payment. The exact payment procedure shall be negotiated at the time of contract settlement by buyer & seller. The final balance, if any, between the provisional payment made by buyer and the final value of the material shall be paid by the owing party by telegraphic transfer against seller's presentation of final invoice within five working days from the date of the final invoice.

Please send us your full offer conditions including but not limited to premium.


Important Notes:

·         Offers must be presented to NICICo Sales Dept. only through email sent to sales-tender@nicico.comtill end of 26th October 2018 local time. It is very important that offers shall be definitely sent to the sales-tender@nicico.comand the ones sent to any other email addresses won’t be regarded as the tender participants and won’t be evaluated subsequently.

·         NICICo reserves the right to reject the offers which will be sent after the validity due date.

·         NICICo reserves the right to reject any one or all offers, cancel or prolong the deadline.

·         NICICo reserves the right to sell part or whole quantities of above mentioned commodities from one or several potential sellers.

·         In case the offer is accepted by NICICo, it will be advised via email by return.

·         The offers shall be definitely sent through corporate email addresses and the personal ones through which the offers are to be sent by participants such as gmail, yahoo, hotmail or any other personal or general email addresses are not accepted at all.

·         Other quotational period for any unknown price is also negotiable.

·         Other currency of payment is negotiable.

·         Other delivery term is negotiable.

·         Quantity less than above mentioned is also negotiable.


The following information re companies of attendees shall be definitely provided as well:


1-      Full Company Name (Both Local & English dictation) :

2-      Company national ID :

3-      Registered Number :

4-      Registered Date :

5-      Company Type : Private or State-owned

6-      Registered Country :

7-      Registered City :

8-      Ownership Type: A) Public   B) Joint Stock, …..

9-      Company Field of Activity :

10-  Company Address :

11-  Tel :

12-  Fax :

13-  Company Website Address:


The above mentioned tender is also available on NICICo website as WWW.NICICO.COM  and also is published at Iran Daily and Financial Tribune newspapers.


National Iranian Copper Industries

Sales & Marketing Department

Tel No. : +98 21 8213 8231

10:32 - 2018/10/17    /    number : 3288    /    Show Count : 1784


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