My trades
Your bank holds the money and releases it to the supplier only against our certificate and the shipping papers.
TG-0009
Grade 304, 24 t, Jebel Ali to Mundra
Won at
+1.3% ($1,459/t)
Trade value $35,016, TrueGrade fee $525 (1.5%, shared with the supplier)
Bid won
Your bid was the best premium at close.
Payment held by your bank
Letter of credit opened and confirmed.
Certificate and shipping papers checked
TrueGrade certificate matched against bill of lading.
Payment released to supplierCurrent
Released within 3 to 5 days of proof.
- 5
Shipped
On the water. Vessel MV Gulf Trader, ETA 8 October 2026.
- 6
Arrived at port
Customs clearance in progress.
- 7
Delivered to your plant
Weighed in at your melt shop.