AUCTION: Disposal of Used and Unserviceable Stores Items at Pakistan Steel Mills Karachi 2026-27

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Pakistan Steel Mills Limited, Karachi, invites sealed bids for the auction of used and unserviceable stores items accumulated at their premises. This auction presents an opportunity for interested parties to acquire a variety of surplus and obsolete materials that are no longer required by the organization. The auction will be conducted at the designated stores area of Pakistan Steel Mills, and all items will be sold on an as-is-where-is basis. Items being auctioned: - Used and unserviceable stores items (detailed item list and lots to be inspected at the site; specific item list not provided in the notice) The technical scope includes the disposal of a wide range of stores inventory, which may consist of scrap metal, machinery parts, obsolete equipment, and other miscellaneous items. Bidders are encouraged to visit the site for inspection on 28-07-2026 from 09:00 AM to 03:00 PM to assess the lots and prepare their bids accordingly. Participation in the auction requires submission of valid CNIC and NTN certificates. Successful bidders must deposit 5% of the bid amount as earnest money in the form of pay order or demand draft in favor of Pakistan Steel Mills Limited before the auction. The sealed bids must be submitted by 23-08-2026. The auction will be held on 14-08-2026 at 02:30 PM at the Pakistan Steel Mills premises. For further details, interested parties may contact the Planning Department or email Sharjeel@psmltd.com. It is advisable for bidders to thoroughly inspect the items and clarify any ambiguities before the auction date to avoid post-auction disputes. Timely submission of all required documents and earnest money will ensure eligibility for participation.