📝 Description
Brass scrap metal with traces of other metals is offered for sale via a public electronic auction with an initial price of 5010 EUR. The total weight of the scrap metal being sold reaches 1,343 tonnes. This is a great opportunity for recycling or metal production companies to acquire raw materials.
The auction begins on September 12, 2025 at 09:00:00 and ends on September 15, 2025 at 13:59:59. Participant registration takes place from August 29, 2025 until September 9, 2025 at 23:59:59. To participate, you must pay a guarantee fee of 1000 EUR and have a qualified electronic signature.
Inspection of the property (metal scrap) is organized on weekdays from August 25, 2025 to September 11, 2025, from 8:00 AM to 3:00 PM (lunch break 11:30–12:00) at address: Elektrines g. 34, Druskiniu k., LT-31152, Visaginas Municipality. Inspection time must be arranged in advance with VĮ IAE darbuotoju.
No quality guarantee is provided for the purchased metal. The winner confirms that they have familiarized themselves with the property's condition, inspected it and accept full responsibility for loading, removal and possible impurities (e.g., concrete residues, mud or moss). All expenses for removing the property fall on the winner. The scrap metal will be weighed using VĮ IAE turimomis 60 tonų arba 30 tonų automobilių svarstyklėmis.
If the winner misses the deadline for taking the property (3 business days after payment), a fee of 3% of the sale price is applied for each missed day (but no less than 10,00 EUR storage fee). An extension of the removal deadline may be requested up to a maximum of 15 calendar days due to objective circumstances.
The auction begins on September 12, 2025 at 09:00:00 and ends on September 15, 2025 at 13:59:59. Participant registration takes place from August 29, 2025 until September 9, 2025 at 23:59:59. To participate, you must pay a guarantee fee of 1000 EUR and have a qualified electronic signature.
Inspection of the property (metal scrap) is organized on weekdays from August 25, 2025 to September 11, 2025, from 8:00 AM to 3:00 PM (lunch break 11:30–12:00) at address: Elektrines g. 34, Druskiniu k., LT-31152, Visaginas Municipality. Inspection time must be arranged in advance with VĮ IAE darbuotoju.
No quality guarantee is provided for the purchased metal. The winner confirms that they have familiarized themselves with the property's condition, inspected it and accept full responsibility for loading, removal and possible impurities (e.g., concrete residues, mud or moss). All expenses for removing the property fall on the winner. The scrap metal will be weighed using VĮ IAE turimomis 60 tonų arba 30 tonų automobilių svarstyklėmis.
If the winner misses the deadline for taking the property (3 business days after payment), a fee of 3% of the sale price is applied for each missed day (but no less than 10,00 EUR storage fee). An extension of the removal deadline may be requested up to a maximum of 15 calendar days due to objective circumstances.
❓ Frequently asked questions
What is the minimum starting price for brass scrap metal?
The initial price at the auction is 5010 EUR.
When does the auction end where 1,343 tonnes of scrap metal are sold?
The auction ends on September 15, 2025 at 13:59:59.
What is the required guarantee fee to register to participate in the auction?
A guarantee fee of 1000 EUR is required. Registration takes place until September 9, 2025.
Where and when can you inspect the scrap metal being sold?
Inspection takes place at Elektrines g. 34, Druskiniu k., Visaginas Municipality, on weekdays until September 11, 2025. Inspection must be arranged in advance.
How long is it allowed to take the brass scrap metal after payment?
The winner must settle within 3 business days and collect the metal within 3 business days from settlement. An extension up to 15 calendar days may be granted.
What penalty applies if the winner misses the deadline for taking the property?
A fee of 3% of the sale price is applied for each missed day or no less than 10,00 EUR storage fee per day.