📝 Description
For sale: approximately 138 tons of black scrap metal mixed with other metals. The starting price is 29 244 EUR, with a required guarantee deposit of 3 000 EUR. No quality warranty is provided for the scrap metal. The winner confirms they have inspected the property, understood the terms, and acknowledged the composition and actual condition, including any residue like concrete, dirt, snow, or ice. The buyer is responsible for all removal costs, including loading and hauling the purchased material using their own resources, equipment, and transport. Weighing will be done on VĮ IAE 60 t arba 30 t automobilių svarstyklėmis; platform dimensions are detailed in the sale conditions. Full payment must be made within 5 business days after the auction closes. The total pickup period is 30 calendar days following complete settlement. If the property is not collected within this timeframe, a storage fee of 3% of the purchase price per day applies (minimum 10 EUR per day).
❓ Frequently asked questions
What is the starting price and the security deposit amount?
The starting price is 29 244 EUR. The security (participation) deposit is 3 000 EUR.
When is the auction held and what are the registration deadlines?
The auction runs from 2025-12-08 09:00 until 2025-12-09 13:59:59. Registration begins 2025-11-27 and closes on 2025-12-03 23:59:59.
Where and when can the scrap metal be inspected?
Viewing takes place from 2025-11-20 – 2025-12-05 on business days from 8:00–15:00 (lunch break 11:30–12:00) at Elektrinės g. 34, Drūkiškių k., LT-31152, Visaginas municipality. Viewing times must be arranged in advance with the VĮ IAE representative.
Is a quality warranty provided?
No. No quality warranty is given for the scrap metal. The winner confirms familiarization with the property's condition and waives any claims regarding its nature or contaminants.
What is the payment deadline and when can I collect the property?
The winner must pay within 5 business days of the auction end via payment order. The total property collection deadline is 30 calendar days from the date of full payment.
How is weighing done and who covers removal costs?
The scrap metal is weighed using VĮ IAE 60 t arba 30 t automobilių svarstyklėmis. The winner covers all removal costs; they must organize loading and transport using their own means, equipment, and vehicle.
What are the penalties if the winner fails to collect the property on time?
If the winner fails to collect the property by the deadline, a fee of 3% of the purchase price per day applies for each extra storage day (minimum 10 EUR per day). Furthermore, VĮ IAE gali negrąžinti garantinio įnašo if the winner does not pay on time or fails to sign the transfer act.