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Lot 1

Auction of 10,000 tons of ferrous material CER code 170405

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Lot Description

Sale resulting from the transformation and recovery process of materials from the former Cement Factory in Pescara

Single lot for sale 10,000 tons of ferrous material code CER 170405 sold in so-called “furnace ready” format generally deriving from so-called bolted metal structures and out-of-use equipment.
It should be noted that the lot could also contain in unspecified quantities noble materials such as bronze, copper, which the participant undertakes to purchase.

SALE NOTES
The starting price will be the amount to be paid for each ton of material being sold.

The participant will therefore be required to enter on the portal the amount that he/she undertakes to offer for each ton of material.

The final sale price will therefore be the final amount auctioned — corresponding to the final price auctioned for the single ton of material — multiplied by 10,000 — equal to the total number of tonnes being sold.

The sum paid by the buyer as a security deposit to participate in the auction will be retained as a guarantee of the successful outcome of the collection operations and will be returned only at the end of the related operations.

Please note that in addition to the sale price, the successful tenderer will be required to pay the seller, for each ton of material sold, the sum of Euro 5.00, as compensation for administrative management, and therefore overall, the sum of Euro 50,000 plus VAT.

The collection operations must be started no later than 08/14/2025, the removal and collection operations must end no later than 11/30/2025 (a mandatory deadline that cannot be waived)

Interested parties are invited to carefully read the specific conditions of sale and collection of the goods as this document will have the value of a contract between the parties.

Sale documentation

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Lot Details

  • Closing date:23-05-2025 16:30:00
  • VAT:22%
  • Payment: Read terms of sale
  • Inspection date: Upon appointment
  • Payment method: Bank Transfer
  • Collection:Read terms of sale

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