1 - CHECK CURRENT BID PRICE
Check current bid price for the scrap, as it is not sealed. When bidding, all bids are accepted, both below and above current bid price. There are cases when the value of scrap materials is negative, meaning the seller may have to pay the buyer to accept the scrap. In this case, a minus sign will be set in front of the bid start price. As bids are placed, the bid amount will move towards zero and may cross over to a plus value. NOTE: Other bidders will be able to see the current highest bid price but never who placed the bid.
2 - CONSIDER AUTOBID
Consider autobidding. Autobidding means that the system will bid on your behalf up to your maximum limit, but it will always bid the least amount possible to outbid other scrap buyers. Autobidding can save you time in the bidding process.
3 - ASK QUESTIONS
You may contact sellers with questions about their materials. To do this use the “question tab” on the auction page. Note that all questions and answers will be posted on the website.
4 - A WINNER IS CHOSEN
Be aware that the seller can pick any bid as the winner. The highest bid does not necessarily win, as the seller can also take into consideration the reputation of buyer, intended use, and destination.
1 - DESCRIPTION AND SPECIFICATION
To be able to make a request listing, you need to first register with a free account and upload your company certificate (Only for verification).
Decide if you want to make a public or private listing. Describe the specifications of the scrap you want to buy, set conditions, and upload photos.
You can invite your existing business partners to bid on your listings. Just add their contact information under the listing specifications and they will receive an email when your listing goes live.
2 - WAIT FOR LISTING TIME TO END
You can choose whether your listing is limited or unlimited in time. A limited listing closes automatically at a time you set when creating the listing. An unlimited listing closes when you decide it is time to close it. In this case you have to log in and close the listing.
When the time for bidding ends, a list with bidder information will be available in your user dashboard.
3 - QUESTIONS
Sellers may contact you with questions about their materials you need. You will be directly notified about this by email and can answer to the questions through your user dashboard. Note that all questions and answers will be posted on the website.
4 - CHOOSE A SELLER
Choose the seller of your choice. You do not necessarily have to choose the highest bid, or any at all, as your decision may also depend on reputation (Rating & Reviews and CSR), intended use, and destination. After the listing has ended, buyer information will no longer be available on the listing page.