We confirm that we can sell the steel billet and the pig iron with the following payment method. A.steel billet:  Russia standard GOST380-94,3SP/PS ,5SP/PS  Specifications :  60x60_90x90_100x100_120x120_130x130_150x150 Length: 3,000---11700mm   We offer steel billets on the basis of a stand by LC for 6 months and then automatically prolonging for another 6 months or unconditional Bank Guarantee for 6 months and prolonging for another 6 months. We inform you that the CNF price is 172 USD/mt for main port , PAKISTAN(you determine). The minimum quantity is 30000 mt per month.  B.pig iron: For GOST 805-80:PL 1, PL 2 ; Weight : 15-20 kg  The CNF price is 122USD/mt for china main port (you determine).  The minimum quantity is 30000 mt per month.  For GOST 805-95:PL 1, PL 2 ; Weight :18.25 kg The CNF price is 124USD/mt for china main port (you determine).  The minimum quantity is 30000 mt per month.  1. Payment Terms : By Irrevocable LC opened for 4 months and 45 days and payable on per shipment basis. 2. Performance Bond : The Seller issues a Two Percent(2%) Performance  Bond Guarantee of BG value. 3. The Buyer must submit a Bank Letter of Recommendation.By the way Standby LC is Issued for the full amount of the contract, but negotiable after all deliveries have been made, Usually for One year and 1day or 1 week.   Waiting for your confirming to put forward the trade.  BEST REGARDS  GENERAL MANAGER PEI ZEYU