Export dispatch yard of the World Steel factory with coded steel members ready for loading

Delivery terms · Incoterms® 2020

From our factory to your site – on your terms

World Steel quotes structural steel, pre-engineered buildings and steel products under the Incoterms® 2020 rule that suits your project – from FCA at our factory and FOB Ho Chi Minh City to CIF your port or DAP your site.

Terms we offer Who does what

11
Incoterms® 2020 rules: 6
Offered as standard: 30+
Destination countries: 2
Main loading ports

Steel members packed for export in the World Steel dispatch yard

Why the Incoterm matters

An Incoterms® rule decides three things in a sales contract: where the goods are delivered, when the risk of loss or damage passes from seller to buyer, and who pays for transport, insurance and customs on the way. It does not decide price, payment or ownership – those stay in the contract.

Structural steel is heavy, long and often oversize: members travel in flat racks, open-tops and break-bulk holds as well as standard containers. Choosing the right rule – and naming the place precisely, for example “FOB Ho Chi Minh City (Cat Lai), Incoterms® 2020” – avoids disputes about loading, port charges and damage in transit.

World Steel delivery terms

The terms we quote

Six rules are part of every quotation; the others are available by project or on request.

Risk & costs

Where risk and costs pass from World Steel to the buyer

Under the C-terms the seller pays freight beyond the point where the risk has already passed – the most common source of misunderstanding.

Offered as standard By project On request

Responsibilities

Who does what under each rule

S = World Steel as seller · B = buyer. Insurance under D-terms is at the seller's risk, not a contractual duty; destination charges under C-terms follow the freight contract.

Task	EXW	FCA	FAS	FOB	CFR	CIF	CPT	CIP	DAP	DPU	DDP
Export packing & marking	S	S	S	S	S	S	S	S	S	S	S
Loading at the WS factory	B	S	S	S	S	S	S	S	S	S	S
Export customs clearance	B	S	S	S	S	S	S	S	S	S	S
Transport to port / terminal	B	B	S	S	S	S	S	S	S	S	S
Origin terminal & loading on board	B	B	B	S	S	S	S	S	S	S	S
Main carriage (ocean / multimodal)	B	B	B	B	S	S	S	S	S	S	S
Cargo insurance	B	B	B	B	B	S	B	S	S	S	S
Destination port charges & discharge	B	B	B	B	B	B	B	B	S	S	S
Import clearance, duties & taxes	B	B	B	B	B	B	B	B	B	B	S
On-carriage to the named place	B	B	B	B	B	B	B	B	S	S	S
Unloading at the named place	B	B	B	B	B	B	B	B	B	S	B

Incoterms® 2020

The 11 rules

Any mode of transport 7

EXWOn request Ex WorksThe buyer collects at the seller's premises and does everything else – loading, export clearance and all transport. Risk passes: When the goods are placed at the buyer's disposal at the factory. FCAOffered as standard Free CarrierThe seller delivers export-cleared goods to the carrier nominated by the buyer at a named place – our factory or a terminal. Risk passes: When the goods are handed to the buyer's carrier at the named place. CPTOffered as standard Carriage Paid ToThe seller hands the goods to the first carrier and pays carriage to the named place of destination. Risk passes: When the goods are handed to the first carrier – the buyer bears the risk in transit. CIPOffered as standard Carriage and Insurance Paid ToAs CPT, plus the seller insures the cargo – all-risks cover is required. Risk passes: When the goods are handed to the first carrier. DAPBy project Delivered at PlaceThe seller delivers to the named place of destination, ready for unloading; the buyer clears import. Risk passes: At the named place of destination – the seller bears the transit risk. DPUBy project Delivered at Place UnloadedAs DAP, but the seller also unloads at the named place. Risk passes: When the goods are unloaded at the named place. DDPOn request Delivered Duty PaidThe seller delivers to the named place, cleared for import with duties and taxes paid. Risk passes: At the named place of destination.

Sea & inland waterway 4

FASBy project Free Alongside ShipThe seller delivers export-cleared goods alongside the buyer's vessel at the named port of shipment. Risk passes: When the goods are placed alongside the ship. FOBOffered as standard Free On BoardThe seller delivers export-cleared goods on board the vessel nominated by the buyer at the named port of shipment. Risk passes: When the goods are on board the vessel. CFROffered as standard Cost and FreightThe seller delivers on board at the port of shipment and pays the freight to the named port of destination. Risk passes: When the goods are on board at the port of shipment – the buyer bears the risk during the sea voyage. CIFOffered as standard Cost, Insurance and FreightAs CFR, plus the seller insures the cargo for the sea voyage. Risk passes: When the goods are on board at the port of shipment.

Ports of loading

Shipped from southern Vietnam

Our factory at Hai Son Industrial Park is a short truck haul from the container and break-bulk terminals of Ho Chi Minh City and Cai Mep–Thi Vai.

Port of Ho Chi Minh CityCat Lai, Hiep Phuoc – containers and break-bulkPort profile →

Cai Mep – Thi VaiCai Mep–Thi Vai – deep-sea containers and project cargoPort profile → FactoryHai Son Industrial Park, Tay NinhInside our factory →

FAQ

Frequently asked questions

Which Incoterm do you recommend for structural steel?

For break-bulk and project cargo where you book the vessel: FOB Ho Chi Minh City. For containers: FCA (our factory or a terminal). For a delivered-port price: CFR or CIF your port. For a delivered-site price: DAP your site.

Do you quote FOB for containers?

Yes. ICC recommends FCA for goods handed over at a container terminal, because risk can pass before loading on board, but we quote both and explain the difference.

What insurance do you arrange under CIF and CIP?

CIF includes cover to Institute Cargo Clauses (C) as the minimum; CIP requires ICC (A) all-risks. In both cases cover is 110 % of the invoice value, and we can arrange ICC (A) under CIF on request.

Can you deliver duty paid (DDP)?

Only in selected markets where an importer-of-record arrangement is possible. In most cases we recommend DAP, with import clearance by the buyer or its broker.

Which ports do you ship from?

Mainly Ho Chi Minh City (Cat Lai, Hiep Phuoc) and Cai Mep–Thi Vai, close to our factory at Hai Son Industrial Park. Other ports by arrangement.

Incoterms® is a registered trademark of the International Chamber of Commerce (ICC). This page summarises the Incoterms® 2020 rules for orientation only – the ICC text and the sales contract govern. Always state the rule, the named place and “Incoterms® 2020”.

Need a delivered price?

Tell us the destination and the Incoterm you prefer – we quote ex-works, FOB, CIF or delivered to your site.

Request a quotation