Short answer: Incoterms decide who bears freight, insurance and risk, so importers pick FOB for control of shipping, CIF for convenience or DDP for a turnkey delivery, with the buying context in our Import Steel Guide and pricing in our Price Quotation Guide.
At a Glance
Common Terms
The import context is in our Import Steel Guide and pricing in our Price Quotation Guide; a quick summary is below.
| Term | Risk | Best For |
|---|---|---|
| FOB | On board | Control |
| CIF | Port dest | Convenience |
| DDP | Delivered | Turnkey |
Risk and Cost Split
Balance risk with our Payment Terms Guide and plan volume with our MOQ and Lead Time Guide.
Choosing for Your Business
Match the term to your freight capability with help from our Metal Sourcing Supplier and our Choose a Supplier Guide.
Customs and Documents
Pre-clear papers with our Export Documents Guide.
Get a Quote
Tell HXSCO your requirements and we will respond with a competitive quote and lead time.
Domande frequenti
DDP shifts most risk to the seller.
FOB gives control of freight; CIF is simpler.
The seller.
Yes – the declared value basis differs.
Yes – state it clearly in the purchase order.
Trade on the Right Terms with HXSCO
HXSCO quotes steel and metals with clear Incoterms and documents. Send your required term and specification for a quote.