PROFILE

The Group consist of four companies all specializing in their own individual expertise field namely

1. GLOBAL METCORP LIMITED - Ferrous / Steel Scrap trading
2. ARDOUR WORLD LIMITED – Non-Ferrous Metal trading
3. EURO METALS LIMITED – Re-Usable Steel commodity trading

The Group has expanded its wings globally having its Head Office in UK since early 2001 with Branch offices at USA, Singapore and Hong Kong. Within the Group companies, the Group enjoys more than 40 professionals specialized in their individual departments i.e. Procurement and disposal of material, shipping & logistic, documentations, administrations, finance and public relations. Furthermore, the group has well reputed and immense experienced associates and agents worldwide including India, Pakistan, Bangladesh, UAE, Indonesia,Vietnam, China, Belgium, Georgia, and Australia. It is a matter of pride for the group to enjoy a sizable share in export market for all kind of scrap metal gaining current year’s total export in excess of 600,000 Metric Tons.

Since its inception in 2003, the group is continuously enjoying support from its loyal employees, customers and associates worldwide adding value to its unbeatable reputation maintained for many years in this industry. As a result of its reputation, the group has maintained it’s preferential position as foremost supplier amongst healthy buyers and blue chip corporate companies worldwide.

General Conditions of Sale (Subject UK jurisdiction)

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. Buyer’s General conditions of sale or purchase shall not be applicable even if not explicitly contested by 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 affect partial shipment/s. Furthermore we are allowed to deliver plus / minus 10 % of the contractual quantity. Ownership of goods shall not pass to 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 Buyers 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 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 should this report fails to find any discrepancy and/or variation in the event it should have not taken place. 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 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, English Courts will be competent and will apply English Law, with UK jurisdiction unless otherwise and expressly agreed between parties. This competence clause prevails on any other clauses retained in whatever document exchanged between parties.