533 Metric Tons Prime A-Grade Steel Finished Products.

Sales/Lot Type:

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Location:

Vereeniging, Gauteng, ZAF

Removal & Shipping:

Buyer Must Arrange. See details.

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Your account will be locked if you are the winning bidder and fail to pay for this asset. Additionally, you will be charged a service fee of 40% of your winning bid.

WATCHERS: 7 |VISITORS: 75

Taxes

To be added at payment

Buyer's Premium

12%

Seller

ArcelorMittal South Africa (AMSA)

Seller's Terms & Conditions

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Seller's Other Items

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Event

GI-Event 30765

Description

Product Mix Summary:
The inventory of materials being offered represents a mix of engineering-grade and specialised bar products, grouped as follows:
1. Round Bar & Merchant Bar Products
Round Bar Lengths (various diameters and tolerances)
Precision / straight-length bar products
General engineering bar stock
2. Special Bar Quality (SBQ) & Fastener Steel
SBQ Bolt & Nut Lengths
High-specification bar suitable for fastener manufacturing
Tight tolerance and engineered applications
3. Threaded & Value-Added Bar
Commercial Threaded Bar
Pre-processed / application-ready steel products
4. Mining & Ground Support Steel
Hollow Deformed Bar (RHDR)
Mine Roof Bolt Steel
Mining-specific reinforcement and anchoring systems

Material Grades & Alloys (Key Observation)
The inventory reflects a technically diverse alloy range, including:
Carbon and mild steels (general engineering and structural use)
Medium carbon and alloy steels (e.g. EN9 / 070M55 equivalents)
Spring and high-strength steels (e.g. SAE 9260)
Alloy engineering steels (e.g. 31CrV3, 42CrMo variants)
Heat-treatable and performance-grade steels (e.g. SAE 8625-type materials)
The stockholding is suited not only for general resale, but also for:
Engineering workshops
Fastener manufacturers
Mining supply chains
Fabrication and mechanical component production
Please refer to enclosed.PDF document for a complete stock manifest.
To be sold as a single lot

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Q & A

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Seller Information

Seller:

ArcelorMittal South Africa (AMSA)

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Asset Contact:

Willie Botha

Email:

Willie.Botha@liquidityservices.com

Phone:

+270720614659

Item Location:

Mario Milano Drive, Vereeniging, Vereeniging, Gauteng, 1931, ZAF

Account Type:

Commercial

Inspection

Most items offered for sale are used and may contain defects not immediately detectable. Bidders may inspect the assets prior to bidding. Inspection is by appointment only. Please contact Willie Botha to arrange a suitable date and time: +27 (0)72 061 4659.

Payment

Wire Transfer is the only payment option for this item. The Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days unless otherwise specified below.
Payment in full is due no later than five (5) business days from the time and date of acceptance of offer(s) / close of auction. Acceptable forms of payment are: Electronic Funds Transfer (EFT). Buyer’s Premium of 12% will be added to your winning bid on the invoice. VAT: 15% will be charged on all sales including the Buyer’s Premium.

NOTICE: Please note the bid(s) /offer(s) placed online does not include commission and VAT, this is calculated after, kindly keep in mind the costs to be added once you have placed your bid(s) online.

Removal

Assets may be removed by appointment only and appointments must be made at least 24 hours in advance, please refer to the load out document / release note for the site representative details. All items must be removed within seven (7) business days from the time and date of acceptance of offer(s) / Close of auction, unless agreed otherwise The Buyer will make all arrangements and perform all work necessary, including packing, loading and transportation of the assets. No Assistance will be provided. The buyer needs to ensure that the have the correct permits and/or SHEQ files required by law prior to dismantling and removal of the assets. Buyers are required to remove all waste plastic, wood and hazardous materials that form part of their lots that they purchased. Please refer to conditions in the participation form.

Removal and Transportation Options

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Special Instructions

Disclaimer: The auctioneer or his agent shall be entitled to bid up to the reserve price on behalf of the seller, but shall not be entitled to make a bid equal to or exceeding the reserve price.


We do not guarantee the weight of an asset as shown on the plate or manufacturing documentation, where the asset is sold as a lot not to be reconciled over a weighbridge
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver. All assets are offered for sale on a 'VOETSTOOTS' 'AS IS, WHERE IS' basis. The Seller makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the asset offered for sale. Please note that upon removal of the asset, all sales are final.

Description Warranty. Seller warrants to the Buyer that the assets offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the assets. If Seller confirms that the assets does not conform to the description, Seller will keep the assets and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the assets.

Additional Information

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