📝 Description
A large quantity of oversize black metal scrap is available for auction, with a total weight reaching 1000 tons. The lot includes sheet metal, reinforcement wire, reinforcement bars, pipes, grilles, heating radiators, and other industrial metal scrap. This is a unique opportunity to acquire raw materials for industrial processing or recycling.
The auction starts on May 9, 2025 at 09:00 and ends on May 12, 2025 at 13:59:59. The starting price is 220000 EUR. Participant registration runs from April 30, 2025 until May 6, 2025 at 23:59.
Asset inspection is organized on weekdays from April 24, 2025 to May 8, 2025, from 8:00 to 15:00 (lunch break 11:30-12:00) at Elektrines g. 34, Druskiniu k., Visagino savivaldybete. Inspection time must be agreed in advance with the organizer.
Upon accepting auction terms, no quality guarantee is provided for the metal. The buyer must confirm they have independently assessed the asset composition, actual condition, and planned measures required for smooth and timely removal, considering dimensions and weight. After purchase, no claims will be made against the seller regarding concrete or construction material residues, mud, moss, snow, or ice.
Registration requires a 20000 EUR participant guarantee fee. The winner must settle within 3 business days after the auction ends. Asset pickup is scheduled for 3 business days after full payment, but can be extended to 60 calendar days under objective circumstances (weather conditions, large dimensions). All removal costs, loading, and transportation are borne by the winner. A storage fee of 3% (not less than 10,00 EUR) applies per delayed pickup day based on sales price.
The auction starts on May 9, 2025 at 09:00 and ends on May 12, 2025 at 13:59:59. The starting price is 220000 EUR. Participant registration runs from April 30, 2025 until May 6, 2025 at 23:59.
Asset inspection is organized on weekdays from April 24, 2025 to May 8, 2025, from 8:00 to 15:00 (lunch break 11:30-12:00) at Elektrines g. 34, Druskiniu k., Visagino savivaldybete. Inspection time must be agreed in advance with the organizer.
Upon accepting auction terms, no quality guarantee is provided for the metal. The buyer must confirm they have independently assessed the asset composition, actual condition, and planned measures required for smooth and timely removal, considering dimensions and weight. After purchase, no claims will be made against the seller regarding concrete or construction material residues, mud, moss, snow, or ice.
Registration requires a 20000 EUR participant guarantee fee. The winner must settle within 3 business days after the auction ends. Asset pickup is scheduled for 3 business days after full payment, but can be extended to 60 calendar days under objective circumstances (weather conditions, large dimensions). All removal costs, loading, and transportation are borne by the winner. A storage fee of 3% (not less than 10,00 EUR) applies per delayed pickup day based on sales price.
❓ Frequently asked questions
What is being sold and what is the total volume?
Oversize black metal scrap (sheet metal, reinforcement, pipes, etc.), total weight - 1000 tons.
What is the starting price and guarantee fee?
Starting price is 220000 EUR, participant registration fee required upon registration is 20000 EUR.
When does the auction and registration take place?
Auction runs from May 9, 2025 at 09:00 to May 12, 2025 at 13:59:59. Registration is available from April 30, 2025 until May 6, 2025 at 23:59.
Where and when can the metal scrap be inspected?
Inspection takes place at Elektrines g. 34, Druskiniu k., Visagino sav., on weekdays from April 24, 2025 to May 8, 2025, from 8:00 to 15:00. Time must be arranged in advance.
What are the payment and asset pickup deadlines?
The winner must pay within 3 business days after auction end. Asset pickup is 3 business days after full payment, with option to extend to 60 calendar days.
Is a quality guarantee provided for the metal scrap?
No quality guarantee is given for metal scrap. The buyer must independently assess asset condition and accept it as is with all existing defects or residues.