Long Term Steel Scrap Supply Agreement
EXHIBIT10.22
Long Term Steel Scrap Supply Agreement
Party A: Mitsui & Co. (Shanghai) Ltd.
Tel: 000-00000000
Fax: 000-00000000
Party B: Armco (Lianyungang) Renewable Metals, Inc
Tel: 0000-00000000
Fax: 0000-00000000
Party A and Party B reached an agreement as following:
Party A purchase steel scrap from Party B on a monthly basis.
|
Type |
Quantity(Tons/month) |
|
|
Heavy Scrap |
5000±20% |
Actual quantity would varies depending on the |
|
Furnace Burden |
5000±20% |
market situation. |
|
Shredded Material |
5000±20% |
|
|
Products would be picked up by Party A | ||
Party A would make advance payment for the joint purchase of raw materials and complete final purchase of the steel scrap upon completion of processing services.
The Agreement is valid from 2014-2-20 to 2015-1-20
