Announcements Materials Recovery Company offers Zorba and Black Honey on July 8, 2008 Utah Metal Works offers Electric Motors on July 8, 2008 Important Proxy Bidding Changes Effective Jan. 1, 2008 Interested in Selling on ScrapSite?

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Materials Recovery Company from Troy, New York will be offering the following non-ferrous items in a Sealed-Bid Auction o­n Tuesday, July 8, 2008 starting at 12:00 a.m. (midnight) and closing at 2:00 p.m. Eastern Time.

Quantity Offered	Commodity
84,000 lbs.	Zorba 80
45,000 lbs.	Mixed Brass - Black Honey

84,000 lbs. of Zorba 80%:

Commodity Description: Zorba 80% historical metallic yield. Non-ferrous Recovered Metals. Recyclable concentrates of shredded mixed nonferrous scrap metal in pieces derived from mechanical fragmentizing. NOTE: High concentrate of brass and copper. Material has been incinerated and is dry -- no oil, no coated wire. All material sold "AS IS, WHERE IS", loaded vehicle, NOT o­n a recovered basis.

Other Commodity Information: Size approximately 1/4" to 4 inches. Zorba can contain a combination of nonferrous metals, such as aluminum, copper, lead, magnesium, stainlesssteel, nickel, tin, and zinc, in elemental or alloyed (solid) form. The following metallic yields are an historical approximation and are not guaranteed to be an actual representation of current or future yields shipped. Historical metallic breakdown of our material: Aluminum 68% - 75%; Brass 3% - 7%; Copper 1% - 3%; Zinc up to 1%; Stainless up to 1%; Lead - less than 1%.

Shipping Information: Seller guarantees a minimum of 42,000 lbs net weight per dump truck/trailer, van or 40-foot export container. FOB Troy, New York 12180. Loaded dump truck/trailer, van or 40-foot export container (all freight is for the account of the Buyer).

Payment Terms: Domestic: "Net 30" with credit approval. Export: "Cash in advance", prior to loading. Winning bidder(s) must fax their purchase order to Materials Recovery Company at (518) 274-3976 by the close of the next business day following awarded bid. NOTE: A fee of $0.005 per pound will be assessed for loading vans or export containers, to be added after auction onto final bid sales price on applicable awarded material (do not include this fee in your bid price). Logistics: Buyer is to make all freight arrangements and schedule pickups in a timely manner, in accordance with Seller's scheduling instructions. NOTE: 1st time Buyers not familiar with this material are encouraged to view the material at our facility.

Available shipping dates: July 8, 2008 to August 8, 2008.

Photo of this commodity: Buyer inspection invited. Any photos or descriptionsprovided are for reference purposes only as to the type of material being sold. Photo 1


45,000 lbs. of Mixed Brass - Black Honey:

Commodity Description: Shredded Brass Concentrate - Black Honey 93% - 96% historical metallic yield. Non-ferrous Recovered Metals. Recyclable concentrates of shredded mixed nonferrous scrap metal in pieces derived from mechanical fragmentizing. NOTE: High concentrate of copper and zinc. Material has been incinerated and is dry - no oil, no coated wire. All material sold "AS IS, WHERE IS", loaded vehicle, NOT on a recovered basis.

Other Commodity Information: Size approximately 3/8" and up, typically 1-6 inches. Brass contains a combination of nonferrous metals, such as copper, zinc, lead, magnesium, nickel and tin, in elemental or alloyed (solid) form. The following metallic yields are an historical approximation and are not guaranteed to be an actual representation of current or future yields shipped. Historical metallic breakdown of ourmaterial: Brass 80% - 84%, Copper 8% -11%;Aluminum 1% - 3%; Stainless less than 1%, Zinc/Other up to 2%. Chemical Analysis: Cu 72.14%, Zn 20%, Sn 1.59%, Pb 1.59%, Fe .98%, Ni .36%, Si .03%.

Shipping Terms: Seller guarantees a minimum of 45,000 lbs net weight per dump truck/trailer, van or 40-foot export container.

Payment Terms for all items listed in this auction: Domestic: "Net 30" with credit approval. Export: "Cash in advance", prior to loading. Winning bidder(s) must fax their purchase order to Materials Recovery Company at (518) 274-3976 by the close of the next business day following awarded bid. NOTE: A fee of $0.005 per pound will be assessed for loading vans or export containers, to be added after auction onto final bid sales price on applicable awarded material (do not include this fee in your bid price). Logistics: Buyer is to make all freight arrangements and schedule pickups in a timely manner, in accordance with Seller's scheduling instructions. NOTE: 1st time Buyers not familiar with this material are encouraged to view the material at our facility.

Available shipping dates: July 8, 2008 to August 8, 2008.

Photo of this commodity:
Buyer inspection invited.Any photos or descriptions provided arefor reference purposes only as to the type of material being sold.
Photo 1
Photo 2


To view Materials Recovery Company's Terms and Conditions of Sale, click here.

To learn more about this Seller, click here.

Utah Metal Works, Inc., Salt Lake City, Utah, will be offering 126,000 lbs. of Electric Motors in Open-Bid Auction on Tuesday, July 8, 2008 starting at 12:00 a.m. (midnight) and scheduled to close at 2:00 p.m. Eastern Time.

126,000 lbs. of Electric Motors:

Commodity Description: Large and small copper-bearing electric motors. No free iron, dirt, compressors, rubber, non-metallics, and sealed units. Sold "AS IS, WHERE IS", not o­n a recovered basis.

Shipping Terms: Domestic: SHIPPING: Domestic: Seller will guarantee a minimum weight of 42,000 lbs in dump trucks. Export: Seller will guarantee a minimum weight of 42,000 lbs. for an export container. PAYMENT TERMS: Domestic: "Net 30" with credit approval. Export: "Cash in advance", prior to loading. Shipping Terms: FOB Rail Ramp, Salt Lake City, Utah. Loaded dump trucks or 20-foot export container (all freight is for the account of the Buyer). Logistics: All freight arrangements are from Rail Ramp in Salt Lake City, Utah. Buyers are to schedule pickups in a timely manner, in accordance with Seller's scheduling instructions. NOTE: Any photos provided are for reference purposes only and are representative, but may not depict the actual lot being sold.

Available Shipping Dates: July 8, 2008 to August 8, 2008.

Payment Terms: Domestic: "Net 30" with credit approval. Export: "Cash in advance", prior to loading.


To view Utah Metal Works, Inc.'s Terms and Conditions of Sale, click here.

To learn more about this Seller, click here.

Based upon feedback received from Buyers, we have made modifications to the way that "Proxy Bidding" works on ScrapSite, effective January 1, 2008.

Previously, if you had selected the "Proxy / Maximum" bid option, the system would place your bid such that it would try to hit the Seller's pre-set reserve price, to ensure that the material had to be awarded. However, numerous Buyers commented that, since the Seller has the option of lowering the reserve price at the close of the auction, they would rather have the system place their proxy bid at a level just enough to keep them in contention for winning material (in relation to other bids placed), and not automatically strive to hit the Seller's reserve price.

Thus, the new rules for Proxy bidding on ScrapSite are provided below. Proxy bidding is only available in Open-Bid auctions.

When you place a "Proxy / Maximum" bid:

1) If no other bids have yet been placed, the system will place your initial bid at the starting bid price, or

2) If bids have already been placed by other bidders, the system will either:

· Place your bid price matching the previous high price, if possible, based on your quantity bid and quantity still obtainable, or

· Place your bid one increment higher than the previous high price, in order to assure that your bid is in contention for winning material.

With a Proxy bid, the system will automatically bid for you incrementally, as needed, to keep you in contention for winning material, until either new prices bid by others exceed your maximum bid amount or the auction closes. You can now enter your proxy/maximum bid and let the system bid for you -- this saves you time, as you do not need to continuously monitor the entire auction! You can continue to update (raise) your Proxy bid as long as the auction is in progress. Remember, in an Open-Bid auction, the Seller does not have to award the material unless their reserve price has been met.

Note: A "Proxy / Maximum" bid retains its original Bid Time/Date stamp, even when the system bids for you. If you manually increase your proxy bid price or quantity, your Bid Time/Date will be the new time the updated bid was submitted and recorded. Warning: If a proxy bid for the full quantity offered is the first place bid near the close of an Open-Bid auction (i.e., final three minutes), the auction may not extend unless another bid exceeds the maximum bid amount set for that proxy bid.

Here is a link to a document that provides additional details on Proxy Bidding, Bid Ranking, and ScrapSite's "Quick Bid / Auction Status" page, which allows you to monitor all auctions for a particular day on a single web page. (After the slideshow opens, click the left mouse button or press the right arrow key on your keyboard to advance through the slides):

http://scrapsite.net/ss_commerce/demos/proxy.pps

If you have any questions or require assistance, please contact ScrapSite at 412-661-6429. Thank you, and Happy Bidding!

Do you have scrap metals or plastics that you want to sell? Let ScrapSite help you get started selling your products o­n the Web. We can help you reach a larger audience of buyers, and save you time in the process. For more information, view our Brochures Page or contact our sales team at 877-544-4458 or e-mail sales@scrapsite.net.