Auction for Mixed Ferrous Scrap (Quantity: 1400 Mt...

Purchaser's Detail

Tender's Details

Mixed ferrous scrap including scrap CS pipes, tor steel, bars of all sizes, structural steel, plates, valves, flanges, fittings etc. on arising basis

(TCS: 1%; Tolerance: ±30%)

In case of non-submission of balance material value, MSTC/IOCL BR reserves the right to blacklist /debar the buyer from participating in future auctions conducted by IOCL BR seller

Start Price:- Rs. 30, 000/- Per MT
Incremental Value:- Rs.100/- Per MT
Pre Bid Amount:- Rs. 2000000/-

Special terms & conditions:
1. Customer can start material lifting after depositing due money and getting lifting order from IOCL. During lifting of materials, customer shall lift only CS/MS material (as per the description of lot) and shall stack/keep other materials, if any at nearby designated place as per instruction of IOCL authorities.
2. Payment Terms - In 4 equal installments. For details refer to Special terms and conditions.

Auction Details :
Auction No : MSTC/PTN/IOCL - Barauni Refinery/49/Begusarai/23-24/49233[423270]
Opening Date & Time : 23-02-2024::12:00:00
Closing Date & Time : 23-02-2024::16:00:00
Inspection From Date : 14-02-2024
Inspection Closing Date : 22-02-2024
EMD Type : Item Wise

Seller Details :
Seller/Company Name : IOCL - Barauni Refinery
Location : Begusarai
Street : P.O. Barauni Oil Refinery
City : Begusarai - 851114
Country : INDIA
Telephone : 06243-275370
Fax : 06243-240166
Email : kumaralok2@indianoil.in
Contact Person : Sh Alok Kumar