Enron Mail

From:tana.jones@enron.com
To:lisa.lees@enron.com
Subject:Re: Profiles for Steel Physical Products
Cc:
Bcc:
Date:Wed, 31 Jan 2001 00:58:00 -0800 (PST)

Just as I suspected...
----- Forwarded by Tana Jones/HOU/ECT on 01/31/2001 08:57 AM -----

=09Harry M Collins
=0901/30/2001 04:38 PM
=09=09
=09=09 To: Tana Jones/HOU/ECT@ECT
=09=09 cc:=20
=09=09 Subject: Re: Profiles for Steel Physical Products

Tana,

I am not aware of any prohibitions, litigation, payment disputes, or other=
=20
legal impediments on any counterparty buying or selling physical steel.

I will advise in the event that I become aware of any.

Thanks



=09Tana Jones
=0901/30/2001 10:21 AM
=09=09=20
=09=09 To: Harry M Collins/HOU/ECT@ECT
=09=09 cc:=20
=09=09 Subject: Profiles for Steel Physical Products

Harry,

Since physical steel is a new online product, I need to know from you wheth=
er=20
you are aware of any reason why any existing counterparty should not be abl=
e=20
to trade physical steel. From your perspective, I would consider whether=
=20
there is any legal reason barring a counterparty incorporated out of the US=
=20
from buying physical steel, or whether you are aware of any current=20
litigation, payment disputes or other similar legal reasons which would=20
prevent an existing counterparty from trading physical steel.

Also, on a going forward basis, is there any legal impediments for any new=
=20
counterparties trading physical steel?
----- Forwarded by Tana Jones/HOU/ECT on 01/30/2001 10:22 AM -----

=09Lisa Lees
=0901/30/2001 10:02 AM
=09=09=20
=09=09 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
=09=09 cc: Kelly Lombardi/NA/Enron@Enron, Tom Moran/HOU/ECT@ECT, Stephanie=
=20
Sever/HOU/ECT@ECT
=09=09 Subject: Profiles for Steel Physical Products

Tana/Karen:

The product long descriptions below will fall under the new product types U=
S=20
Steel Hot Rolled Physical. Credit (Tom Moran) has approved copying the=20
profiles for the new product types from the following:

US Steel Hot Rolled Fin Swap

Please respond no later than 10 a.m. on Wednesday, January 31.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 01/30/2001 08:44 A=
M=20
---------------------------
=20


From: Melba Lozano =
=20
01/26/2001 05:19 PM=09
=09
=09
=09 =20
=09

To: Bjorn Hagelmann/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Lisa=20
Lees/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
cc: Robert B Cass/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Stephanie=20
Sever/HOU/ECT@ECT, Carl Carter/NA/Enron@Enron, Kevin=20
Meredith/Corp/Enron@ENRON=20
Subject: Steel Physical Products - approvals / profiles

I need approvals and customer profiles by Wednesday January 31 11:00 am.

Your review and approval of the following product type in the EOL Datamanag=
er=20
is needed (for directions on approval , please see steps for approval at th=
e=20
bottom of this e-mail). =20

=20
US HR Steel Phy 12G 48W Chi A569 Feb-April 01 USD/NT m

A U.S Hot Rolled Steel Transaction with Enron North America Corp, under whi=
ch=20
the Seller shall deliver and the Buyer shall take and pay for the Quantity =
of=20
the Goods at the Contract Price. The Contract Price shall be the price=20
submitted by Counterparty via EnronOnline. =20
The term of the Transaction shall be from the Effective Date of 01 Feb 2001=
=20
to the Termination Date of 31 April 2001.=20
The Transaction is for hot rolled steel with a Thickness of 12 Gauge and a=
=20
Width of 48 inches. The Goods shall be commercial quality, prime, hot roll=
ed=20
steel with specifications to ASTM A569 and tolerances to ASTM A568, unless=
=20
quality tolerances are outlined in Schedule 2 of the associated General Ter=
ms=20
and Conditions. The transaction is F.O.B. Reserve Marine Terminal in=20
Chicago, Ill Metro Area. The Quantity shall be Quantity submitted by=20
Counterparty via EnronOnline (5% greater or lesser allowance at Seller=01,s=
=20
option). Each calendar month during the term of the Transaction will be a=
=20
Dispatch Period. Enron will guarantee delivery by the last day of each=20
scheduled Dispatch Period and accept supply to the 20th of each scheduled=
=20
Dispatch Period. Payment shall be made, against the receipt of the require=
d=20
documents outlined in the General Terms and Conditions, in the Contractual=
=20
Currency by telegraphic transfer no later than 30 calendar days after the=
=20
date on which the Goods are released to Buyer. =20
The price is quoted in dollars (US) per unit of measure, which shall be the=
=20
Contractual Currency. The unit of measure against which the price is quoted=
=20
shall be net tons (2000 lbs) and the quantity shown shall be in net tons pe=
r=20
month.=20



US HR Steel Phy 5/16 48W ChiA635 Feb-April 01 USD/NT m

A U.S Hot Rolled Steel Transaction with Enron North America Corp, under whi=
ch=20
the Seller shall deliver and the Buyer shall take and pay for the Quantity =
of=20
the Goods at the Contract Price. The Contract Price shall be the price=20
submitted by Counterparty via EnronOnline. =20
The term of the Transaction shall be from the Effective Date of 01 Feb 2001=
=20
to the Termination Date of 31 April 2001.=20
The Transaction is for hot rolled steel with a Thickness of 5/16=018 and a =
Width=20
of 48 inches. The Goods shall be commercial quality, prime, hot rolled ste=
el=20
with specifications and tolerances to ASTM A635, unless quality tolerances=
=20
are outlined in Schedule 2 of the associated General Terms and Conditions. =
=20
The transaction is F.O.B. Reserve Marine Terminal in Chicago, Ill Metro=20
Area. The Quantity shall be Quantity submitted by Counterparty via=20
EnronOnline (5% greater or lesser allowance at Seller=01,s optionEach calen=
dar=20
month during the term of the Transaction will be a Dispatch Period. Enron=
=20
will guarantee delivery by the last day of each scheduled Dispatch Period a=
nd=20
accept supply to the 20th of each scheduled Dispatch Period. Payment shall=
=20
be made, against the receipt of the required documents outlined in the=20
General Terms and Conditions, in the Contractual Currency by telegraphic=20
transfer no later than 30 calendar days after the date on which the Goods a=
re=20
released to Buyer. =20
The price is quoted in dollars (US) per unit of measure, which shall be the=
=20
Contractual Currency. The unit of measure against which the price is quoted=
=20
shall be net tons (2000 lbs) and the quantity shown shall be in net tons pe=
r=20
month.=20

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D
=3D=3D=3D=3D=3D

STEPS FOR APPROVAL:

click the START button=20
select PROGRAMS
select TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
PROCEED WITH USUAL LOGIN/PASSWORD=20
click the Enron Online Production Cluster "START" button =20
select EnronOnLine (this is the EOL Datamanager)
PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up=20
TO APPROVE: Right mouse click on "Approved"
=20
Thanks - Rob Cass - Melba Lozano
x35491 x58986

---------------------- Forwarded by Melba Lozano/HOU/ECT on 01/26/2001 05:0=
6=20
PM ---------------------------


Carl Carter@ENRON
01/25/2001 05:53 PM
To: Robert B Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Kevin=20
Meredith/Corp/Enron@ENRON, Lisa Lees/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT,=
=20
Stephanie Sever/HOU/ECT@ECT
cc: David Forster/Corp/Enron@Enron, Naveed Ahmed/NA/Enron@Enron, Sean=20
Keenan/HOU/ECT@ECT, Jason Althaus/Corp/Enron@Enron=20
Subject: Steel Long Descriptions - Physical Products

We plan on putting two new Physical Steel product types into Production=20
sometime next week. Jason Althaus already has the GT&Cs and will prepare th=
em=20
for upload when the product types are available.
Included are final versions of the two short and long product descriptions.=
=20
Also included are spreadsheets detailing the location and quality=20
combinations that will initially be shown on the Website.
Let me know if you have any questions.
Carl