EX-10 4 ex10-22.htm EXHIBIT 10.22 ex1.htm

EXHIBIT10.22

 

 

Long Term Steel Scrap Supply Agreement

 

Party A: Mitsui & Co. (Shanghai) Ltd.

 

Tel: 021-38500500

 

Fax: 021-38500811

 

Party B: Armco (Lianyungang) Renewable Metals, Inc

 

Tel: 0518-86083879

 

Fax: 0518-86083864

 

 

 

 

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