Argentum Metals USA Inc. is a company founded in Hoboken, New Jersey, USA; to fill in the requirements of ever-growing consumers of steel scrap and by products in the international arena.

Our objective is simple, 'to interact with the trade brokers, yard owners and industries all over the world and deliver the goods well within the schedule and as per the specific requirements of ensuring logistics and trade safety measures. We have established a good network of supply sources in different countries.

We are supportive and 'Make-it-possible' people, enjoying the work to support and serve our clients. We cherish a good reputation and measure success by the number of satisfied clients.

All contracts and offers are subject to, in addition to the general terms and conditions stipulated in our standard Proforma Invoice, these General Conditions of Sale. When making a sale, Buyer's General conditions of purchase shall not be applicable even if not explicitly contested by us, the seller. No contract shall be valid without written confirmation from the Seller. Alteration to any contract is only valid if accepted in writing by the seller.

Unless otherwise expressly agreed upon, the invoices shall be based on the weight of the goods as determined at seller's yard/site at port of loading. We are allowed, at our sole discretion, to effect partial shipment/s. Furthermore we are allowed to deliver plus / minus 10 % of the contractual quantity. Ownership of goods shall not pass to the Buyer until Buyer has met in full all his obligations arising from his business relations with Seller or value of the goods supplied is fully paid to the sellers' satisfaction.

Due to any subsequent adverse findings about Buyer's solvency, capability, standing or willingness to pay arise after the conclusion and signing of the contract (such as, but not limited to, delay in payment, reduction/cancellation of credit lines by Credit Insurance etc.), seller shall be entitled to refuse performance of the contract until payment has been made or security for the payment provided. If additional charges or extra costs are imposed on the goods after the conclusion and signing of the contract, the seller has the right to increase the selling price accordingly.

Any additional freight costs or insurance premium or other costs as a result of war risk or arising from any other unforeseen circumstances beyond the sellers' control will be on account of buyer. War risk surcharge would be charged without notice at any time, even after issuance of bill of lading. We reserve the right to collect War Risk surcharge on floating cargos (whether on freight prepaid or freight collect shipment) if the insurance co. impose a sudden increase in insurance premiums on all ships calling at the port or in their area. The customer/buyer has to bear this cost.

The invoiced amount shall be payable by Buyer without any deduction, off-set or counterclaim into the account specified on the respective invoice. Buyer shall bear all bank charges except those of seller's bank unless otherwise agreed other terms.

In the event of delay in payment, Buyer shall be charged Interest on arrears at the rate of 12% pa. over the rate charged by the seller's banks for current account overdrafts of the currency of the invoice.

Seller warrants the goods furnished hereunder will meet the normal specifications. Any other condition or warranty as to the specific quality of the goods furnished hereunder or suitability for any particular purpose or otherwise is hereby excluded.

Any claim by buyer will be considered only if notified to seller in writing within 10 days from the date of receipt of goods or within 15 days from the arrival of the of goods at the final destination whichever is earlier and only if supported by an independent, internationally reputed and recognized, surveyor's report.

In the event of a claim, seller shall appoint an independent surveyor, whose findings shall be binding on the parties. In the event of a justified claim, seller shall have the right to replace the material or to credit Buyer for the invoice value of the goods, which are the subject of the claim against return of the claimed goods. Regardless of mutual arrangement whatever may be agreed between the buyer and the seller, the cost of such subsequent survey will be on the buyer's account. All claims shall be settled amicably as far as possible. In any case the claim shall not exceed the invoice amount.

Any delivery time stated shall only be binding if expressly confirmed by the seller. The delivery time shall be deemed to have been observed if seller has, within the delivery time, dispatched the goods or advised that they are ready for dispatch. In the event of a delay, a reasonable extension of a minimum of 2 weeks to deliver the goods has to be accepted by the Buyer, without the right to claim damages due to such delay.

Buyer will be responsible for any demurrage charges in the event of any delay in the unloading of the goods if the delivery date was accepted by the Buyer.

In case of force majeure, in addition to the general condition stipulated in our standard Proforma Invoice, the seller shall be released from his obligation to deliver the goods. In addition to those events which the law and jurisprudence deem force majeure, the following shall also be considered cases of force majeure: strike, lockout, frost, flood, interruption to or lack of transportation, government regulations, riot, war blockage, excessive sickness of personnel irrespective of whether these circumstances affect the seller or his suppliers. In case of litigation, Courts in USA will be competent and will apply law and jurisdiction of USA unless otherwise and expressly agreed between parties. This competence clause prevails on any other clauses retained in whatever document exchanged between parties.