We have
opened 4 LCs for Shredded Steel Scrap ISRI 211 of 3500 MTons for Alfa
Enterprises USA Inc. Performa Invoice No. 212, 217, 220 and 221 dated
23/10/2009, 30/10/2009, 02/11/2009 and 02/11/2009 respectively. LCs are
expiring and we still have not got our scrap shipped and now they are saying
that they are not going to ship it. If you want copies of the LCs or any other
documents, I can provide tell me via email. We were all always told that USA
Businessmen are the best keepers of there business deals but this does not look
like the case here. As the market prices of the scrap rose, the company became
reluctant to ship our goods even though we had opened LCs with them and they
accepted them too. LC details are as follows....
1.
Documentry Credit No. CSLC9150/090056 Dated 26/10/2009, Sender:ALFAPKKACID Bank
Alfalah Limited(Centerlized Imports Department) Karachi PK.,
Receiver:HANYUS33XXX Habib American Bank, Newyork, NY US. Applicant:Neelum
Steel Industries, Beneficiary: Alfa Enterprises USA Inc.
2.Documentry
Credit No. CSLC9433/090056 Dated 04/11/2009, Sender:ALFHPKKACID Bank Alfalah
Limited(Centerlized Imports Department) Karachi PK., Receiver:HANYUS33XXX Habib
American Bank, Newyork, NY Us. Applicant:Neelum Steel Industries, Beneficiary:
Alfa Enterprises USA Inc.
3.Documentry
Credit No. CSLC9519/090056 Dated 07/11/2009, Sender:ALFHPKKACID Bank Alfalah
Limited(Centerlized Imports Department) Karachi PK., Receiver:HANYUS33XXX Habib
American Bank, Newyork, NY Us. Applicant:Neelum Steel Industries, Beneficiary:
Alfa Enterprises USA Inc.