Offer to Sell
An Offer to Sell allows you to specify the type of steel you have for sale, along with the location and type of companies you wish to target. An Offer is non-binding and subject to your reconfirmation.

When you submit an Offer to Sell you are considered the Initiator throughout all negotiation that develops. If, in the process of this negotiation you accept a firm bid or submit a firm offer that is accepted by the party you are in negotiation with, you are obligated to complete the sale.

Level 2 Associate Account Users and above are authorized to submit Offers directly to iSteelAsia.com. Level 1 Associate Account Users send their Offers directly to their company's Approval Queue.

Inquiry to Buy
You receive an Inquiry to Buy that is created by another iSteelAsia.com member and meets the criteria specified in your selling preferences. You will create an firm offer to respond to an Inquiry to Buy. Firm offer you created are fimr and legally binding, so you cannot change the terms specified in them or withdraw them.

When you respond to an Inquiry to Buy, you are considered the Bidder throughout all negotiation that develops. If, in the process of this negotiation you accept a firm bid or submit a firm bid that is accepted by the party you are in negotiation with, you are obligated to complete the sale.

To create and submit an Offer to Sell:

1. From the Trading Center, click Create an Offer. This takes you to the Create an Offer page.
   
   
2. From the drop-down menus in the Expiration fields select the date and time of expiration for your Offer.
   
   Example: 2 Jan 2003 10:00 AM HKT (Hong Kong Time)
   
   
3. From the drop-down menu in the Product Detail field choose the type of product you wish to buy. The product type you choose will determine who receives the Inquiry.
   
   
4. In the Material Description field type any necessary descriptions. Add any details about the materials you would like to sell, including chemical description, material quality and standards met by the materials. To upload attachment files, click View/Unload Attachment.
   
   
5. In the Quantity field enter the desired quantity, choose a unit from the menu and specify delivery tolerance.
   
   Example: 10000 MT +/- 10%. (Note: KG = Kilograms, MT = Metric Tonnes, PC = Piece, SH = Sheet, TN = Ton)
   
   
6. In the Unit Price field select a type of currency from the drop-down menu and enter the desired price per unit as specified in the Quantity field above. You do not need to enter a dollar sign.
   
   Example: HKD 100 per unit. (Note: HKD = Hong Kong Dollars, YEN = Japanese Yen, NTD = Taiwan Dollar, SGD = Singapore Dollar, USD = U.S. Dollars)
   
   
7. In the Delivery Terms field select an option from the drop-down menu. If you select Other, please enter additional details in the below text box.
   
   
8. In the Start Shipment Date field use the drop-down menus to select a starting date for which you would be willing to send a shipment of steel.
   
   Example: 1 Sep 2001.
   
   
9. In the Final Shipment Date field use the drop-down menus to select a ending date for which you would be willing to send a shipment of steel.
   
   Example: 1 Feb 2002.
   
   
10. From the Origin drop-down menu select the location in which the steel was manufactured, if you know.
    
    
11. In the Mill of Origin field type the mill in which the steel was manufactured, if you know.
    
    
12. From the Targeted Companies list select the types of companies you wish to target with your Offer. This choice will help determine which iSteelAsia.com users receive your Offer. To choose multiple company types press Control while clicking on the desired options.
    
    
13. In the Transhipment field select an option from the drop-down menu. If you select Other, please enter additional details in the text box.
    
    
14. In the Partial Shipment field select an option from the drop-down menu. If you select Other, please enter additional details in the text box.
    
    
15. In the Insurance field, type in the appropriate information.
    
    
16. In the Payment field select an option from the drop-down menu. If you select Other, please enter additional details in the text box.
    
    
17. In the Packing field type the necessary information.
    
    
18. In the Shipping Marks field select an option from the drop-down menu. If you select Other, please enter additional details in the text box.
    
    
19. In the General Remarks field type any additional comments you wish to add.
    
    
20. If you are a Level 1 Associate Account User, click Submit Offer. This sends your Offer to your company's Approval Queue to be approved by a Level 2 user or above.
    
    
21. If you are a Level 2 Associate Account User or above, review your Offer carefully. Once it is submitted you cannot change the terms specified in it. Click Submit Offer. This displays a verification page.
    
    
22. When you are sure that you are ready to submit your Offer click Submit Offer. This displays a confirmation page.

From the Trading Center, click Selling Negotiations

Completed Negotiations
The Completed Negotiations table shows your completed negotiations to sell steel along with the final status of each negotiation. To view the details of a negotiation, click the Reference number. To sort negotiations, click the column title you wish to sort on.

These negotiations will remain in this table until you move them to the Selling History table. To move them to Selling History, click Move Completed Negotiations to History.

Ongoing Negotiations
The Ongoing Negotiations table shows your active negotiations to sell steel. To view more detail on a negotiation, click the Reference number. To sort negotiations, click the column title you wish to sort on.

Negotiations that have new activity since your last login are in the lighter color and are counted under New Firm Bids. Negotiations that are awaiting an action by you are counted under Awaiting your Action. Offers to Sell you have created are counted under Total Offers Created. Each negotiation with an active interaction is counted under Total Active Negotiations.

If your list of negotiations is longer than one page, click Next to view older negotiations and Previous to view newer negotiations.

To view an Offer Activity Summary, from the Trading Center, click Selling Negotiations, then click the Reference number of an Offer you created.

Offer
To view details of the Offers you created, click View Offer.

Completed Negotiations
The Completed Negotiations table shows your completed negotiations to sell steel along with the final status of each negotiation. These negotiations were generated from Offer to Sells you created.

To view details of a negotiation, click the Reference number. Negotiations completed since your last login are counted under New Completions.

Ongoing Negotiations
The Ongoing Negotiations table shows your active negotiations to sell steel.

To view a negotiation in more detail, click the Reference number. To sort negotiations, click the column title you wish to sort on. These negotiations were generated from Inquiries to Buy you created.

Negotiations that have new activity since your last login are in the lighter color and are counted under New Firm Bids. Negotiations that are awaiting an action by you are counted under Awaiting your Action. Inquiries to Sell you have created are counted under Total Offers Created. Each negotiation with an active interaction is counted under Total Active Negotiations.

If your list of negotiations is longer than one page, you can click Next to view older negotiations and Previous to view newer negotiations.

Accept a firm bid:
If a firm bid satisfies the terms on which your are willing to sell and you do not have a need for further negotiation you can accept it. Once you have accepted the firm bid you are obligated to complete the sale.

To accept a firm bid:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Reference number to display the Negotiation Details page. If you select a negotiation that you initiated, the Offer Activity Summary page is displayed.
   
   
3. Click the desired Reference number under Ongoing Negotiations. This displays the Negotiation Details page.
   
   
4. When you are sure you want to accept the firm bid, click Accept. This displays a verification page.
   
   
5. Carefully review the firm bid. Once it is accepted, you must complete the sale based on the terms specified in it.
   
   
6. When you are sure you want to accept, click Accept. This displays a confirmation page with instructions for how to proceed. You should print the confirmation page with the other party's contact information and make contact with the other party to create and finalize the contract, as well as make arrangements for payment and shipping.

Reject a firm bid:
If a firm bid does not provide a satisfactory starting point for negotiation or it does not satisfy the terms on which you are willing to sell you can reject it. Once this is done you will no longer have access to this firm bid, so you will no longer be able to participate in negotiation based on it.

To reject a firm bid:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Reference number to display the Negotiation Details page. If you select a negotiation that you initiated, the Offer Activity Summary page is displayed.
   
   
3. Click the desired Reference number under Ongoing Negotiations. This displays the Negotiation Details page.
   
   
4. When you are sure your want to reject the firm bid, click Reject. This displays a verification page.
   
   
5. Carefully review the firm bid. Once it is rejected the negotiation is terminated.
   
   
6. When you are sure you want to reject, click Reject. This displays a confirmation page that the firm bid has been rejected, and you may begin or continue negotiations with other trading parties.

Let the firm bid expire without responding to it:
You can let a firm bid expire without responding to it. Once the firm bid has expired you cannot return a firm offer or respond to it in any way.

Return a firm offer:
If you wish to begin negotiation you can respond to a firm bid by returning a firm offer that more closely matches the terms on which you are willing to sell. Once a firm offer is submitted, you can not change the terms specified in it or withdraw it. Whether submitting your initial firm offer or the latest in a series of firm offers in an ongoing negotiation the procedure is the same.

To return a firm offer:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Reference number to display the Negotiation Details page. If you select a negotiation that you initiated, the Offer Activity Summary page is displayed.
   
   
3. Click the desired Reference number under Ongoing Negotiations. This displays the Negotiation Details page.
   
   
4. Click Negotiate. This displays the Create a Firm Offer page
   
   
5. Evaluate the original firm bid in the left-hand column and determine which items you would like to change. Enter your changes into the creation form in the right-hand column.
   
   
6. Click Submit. This displays the Verify Firm Offer Details page.
   
   
7. Review your firm offer carefully. Once you submit a firm offer, you cannot change the terms specified in it or withdraw it. When you are sure that you are ready to submit your firm offer, click Submit. This displays the Firm Offer Submitted page.
   
   
8. To return to the Trading Center, click Return to Trading Center.
   

Create a firm offer on an initial Inquiry to Buy:
If you wish to begin a negotiation to sell you can respond to an Inquiry to Buy by submitting a firm offer that more closely matches the terms under which you are willing to sell. Once a firm offer is submitted, you cannot change the terms specified in it or withdraw it.

To Create a firm offer on an Inquiry to Buy:

1. From the Trading Center, click Inquiries to Me. This displays the Inquiries to Me page.
   
   
2. Click on the desired Inquiry number. This displays the Inquiry Detail page.
   
   
3. If attachments are included, click View Attachments in the Material Description field. This displays the View and Upload Attachments page that contains links to any photos or files attached to the Inquiry.
   
   
4. Review the Inquiry and evaluate its terms.
   
   
5. Click Create a Firm Offer. This displays the Create a Firm Offer page.
   
   
6. Evaluate the Inquiry in the left-hand column and determine which line items you would like to change. Type your changes into the creation form in the right-hand column.
   
   
7. Review your firm offer carefully. When you submit a firm offer, you cannot change the terms specified in it or withdraw it.
   
   
8. Click Submit. This displays the Verify Firm Offer Details page.
   
   
9. When you are sure you are ready to submit your firm offer, click Submit. This displays the Firm Offer Submitted page.
   
   
10. To return to the Trading Center, click Return to Trading Center.

Create Firm Offer on an ongoing negotiation based on an Inquiry to Buy:
If you wish to continue a negotiation based on an Inquiry to Buy that was submitted to you, you can respond to the latest firm bid in the negotiation cycle by submitting a firm offer that more closely matches the terms on which you are willing to sell. Once a firm offer is submitted, you cannot change the terms specified in it or withdraw it.

To Create Firm Offer on an ongoing negotiation based on an Inquiry to Buy:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Reference number to display the Negotiation Detaisl page.
   
   
3. Click Negotiate. This displays the Create a Firm Offer page.
   
   
4. Evaluate the earlier firm bid in the left-hand column and determine which items you would like to change. Enter your changes into the creation form in the right-hand column.
   
   
5. Review your firm offer carefully. When you submit a firm offer, you cannot change the terms specified in it or withdraw it.
   
   
6. Click Submit. This displays the Verify Firm Offer page.
   
   
7. When you are sure you are ready to submit your firm offer, click Submit. This displays the Firm Offer Submitted page.
   
   
8. To return to the Trading Center, click Return to Trading Center.

Let the Inquiry expire without responding to it:
If you are not interested in an Inquiry you can simply let it expire without responding to it. Once the Inquiry expires you will no longer have the opportunity to create a firm offer on it or respond to it in any way.

To view the details:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Reference number to display the Negotiation Details page. If you select a negotiation that you initiated, the Offer Activity Summary page is displayed.
   
   
3. Click the desired Reference number. This displays the Negotiation Details page.
   
   
4. To return to the Trading Center, click Trading Center.

To view your selling history:
From the Trading Center, click Selling History. This displays the User Selling History page, which lists all Offers sent from you and Inquiries sent to you.

To view a single Offer history:
From the Selling History page, select the Reference number of an Offer you created. This displays the Single Offer History page, which shows the results of your Offer. To view details of the Offer, click View Offer.

The Completed Negotiations table shows your completed negotiations to sell steel along with the final status of each negotiation. These negotiations were generated from the Offer you created.

To view the details of a negotiation, click the Reference number. To sort negotiations, click the column title. Negotiations completed since your last login are counted under New Completions.

To save an Offer as a template:

1. From the Trading Center, click Create an Offer. This displays the Create an Offer page.
   
   
2. In the form provided enter the information.
   
   
3. Click Save as a Template. This displays the Save Offer as Template page.
   
   
4. In the space provide type the title of the template.
   
   
5. Click Save Template. This displays a confirmation page.
   
   
6. Click Return to Offer.

To load an Offer Template:

1. From the Trading Center, click Create an Offer. This displays the Create an Offer page.
   
   
2. Click Load Template.
   
   
3. Locate the template you wish to use and click the template title. This loads the template so that you may submit the offer.
   
   

To delete an Offer Template:

1. To delete an Offer template, click the checkbox next to the template you wish to delete and click Delete.

To view the details of a submitted Offer:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Offer number. This displays the Offer Activity Summary page.
   
   
3. Click View Offer. This displays the Offer Detail page, which shows the details of the selected Offer.

To view current Company Selling Negotiations:

1. From the Trading Center, click Company Selling Negotiations. This displays the Company Selling Negotiations page, which lists all negotiations being conducted by company account users.
   
   
2. Click the desired Reference number. If it is an Inquiry submitted by another iSteelAsia.com user, the Company Negotiation Detaisl page is displayed. If it is an offer submitted by one of your company's account users, the Company Offer Activity Summary page is displayed.
   
   
3. Click the desired Reference number. This displays the Company Detail Negotiation page, which shows the details of the selected negotiation.
   
   
4. To return to the Trading Center, click Trading Center.

To view Company Selling History:

1. From the Trading Center, click Company Selling History. This displays the Company Selling History page, which lists all Offers submitted from and Inquiries submitted to your company.
   
   
2. Click the desired Reference number. If it is an Offer submitted by one of your company's account users, the Company Single Offer Detail page is displayed, which lists all negotiations related to the selected Offer.
   
   If it is an Inquiry submitted by another iSteelAsia.com user, the Company Negotiation Detail History page is displayed.
   
   
3. To return to the Trading Center, click Trading Center.

To close an Offer:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Offer number. This displays the Offer Activity Summary page. All negotiations related to this Offer are listed here.
   
   
3. Click View Offer. This displays the Offer Detail page.
   
   
4. Review the Offer carefully. After the Offer is closed it will no longer be sent to iSteelAsia.com members.
   
   
5. Click Close Offer. This displays a verification page.
   
   
6. When you are sure that you want to close the Offer, click Close Offer. This displays a confirmation page. The Offer is now closed.
   
   
7. To return to the Trading Center, click Trading Center.

To review your ongoing negotiations:

1. From the Trading Center, click Selling Negotiations
   
   
2. The Ongoing Negotiations table shows your active negotiations to sell steel. To view more detail on a negotiation, click the Reference number. To sort negotiations, click the column title you wish to sort on.
   
   Negotiations that have new activity since your last login are in the lighter color and are counted under New Firm Bids. Negotiations that are awaiting an action by you are counted under Awaiting your Action. Offers to Sell you have created are counted under Total Offers Created. Each negotiation with an active interaction is counted under Total Active Negotiations.
   
   If your list of negotiations is longer than one page, click Next to view older negotiations and Previous to view newer negotiations.

To review all the firm bids and firm offers related to a particular Offer:

1. From the Trading Center, click Selling Negotiations. This displays the Selling Negotiations page.
   
   
2. Click the desired Offer number. This displays the Offer Activity Summary page, which lists all negotiations based on the selected Offer.
   
   
3. To view the details of a particular negotiation, click the desired Reference number. This displays the Detail page, which shows the details of the negotiation.

To view the Approval Queue:

1. From the Trading Center, click Offers Approvals. This displays the Offers Approval Queue page, which lists all Offers in the Approval Queue.
   
   
2. If you wish to view the details of a particular Offer click on its Offer number. This displays the Approval page.

To approve an Offer:

1. From the Trading Center, click Offers Approvals. This displays the Offers Approval Queue page, which lists all Offers in the Approval Queue.
   
   
2. Click the desired Offer number. This displays the Approval page.
   
   
3. Review the Offer carefully.
   
   
4. Click Approve Offer. This displays a verification page. Remember that after an Offer is approved it will be submitted to iSteelAsia.com and you cannot change the terms specified in it or withdraw it.
   
   
5. When you are sure you want to approve the Offer, click Approve Offer. This displays a confirmation page.
   
   
6. To return to the Trading Center, click Return to Trading Center.

To reject an Offer for approval:

1. From the Trading Center, click Offers Approvals. This displays the Offers Approval Queue page, which lists all Offers in the Approval Queue.
   
   
2. Click the desired Offer number. This displays the Approval page.
   
   
3. Review the Offer carefully.
   
   
4. Click Reject. This displays a verification page. Remember that after an Offer is rejected it cannot be submitted to iSteelAsia.com.
   
   
5. When you are sure you want to reject the Offer, click Reject. This displays a confirmation page.
   
   
6. To return to the Trading Center, click Return to Trading Center.