e-Auction: An introduction

Primary aim
The process of an auction aims to find a fair price for the goods by identifying buyers who need them the most. Such auctions are called forward auctions, where buyers compete with each other by placing bids for the goods to be sold.
At metaljunction, we pioneered the concept of e-Auctions for steel by moving the entire process of auctions to the Internet.
 
 

Bid the way you want to

Different platforms
Metal Junction users have the independence of bidding via our desktop online platform or through our mobile application. Get assistance from our tele-executives during the e-auction if you are facing any issues.

Download bidding app for

  • Android app
  • Symbian app
  • Windows phone app
 
 
 
 

Information about all auctions

Open bids

Open bids will allow you to see all the current bids in a categorised manner.

Your bids

Open bids will allow you to see all the current bids in a categorised manner.

Future bids

Open bids will allow you to see all the current bids in a categorised manner.
 
 

Proxy bidding- let the system do it for you

Bid early
 To let the system place bids on your behalf to your maximum amount with steps of bid increment, you need to place(type) your maximum bid in the ‘Your bid’ column, CLICK the proxy bid box and the select box(check/correct sign should appear in both the check boxes) and CLICK the ‘Submit bids’ button.
Once the proxy is activated the bids are placed automatically as per the minimum bid increments. The proxy bid amount is not visible by any other bidder as well as auction controllers.
 

Bidding history for your help

History chart
The process of an auction aims to find a fair price for the goods by identifying buyers who need them the most. Such auctions are called forward auctions, where buyers compete with each other by placing bids for the goods to be sold.
 
 
 

Now you bid from your smart phone!*

It's easy and convenient!

Download widgets runner for your smart phone*

See disclaimer

Use of the software requires and presumes adherence and assent to the following terms and conditions and awareness of the following limitations for which the users agree not to hold the company liable

  1. The "mobile bidding screen and applications associated with it" (the software) are copyright of mjunction services limited (the company) , and may not be distributed, rented out, re-sold, re-engineered, decompiled, reconstructed nor used for any other purpose than the purpose for which intended by the company. It is the users obligation to make sure that the use of the software provided by the company does not contravene the local laws of the country/ state / region of the user. The user may keep copies of the software for the purpose of back-up and archival only.
  2. No warranties and Limitation of Liability The software is being presented on an "as is " basis without any express or implied warranty of any kind, including but not limited to any warranties of merchantability, non infringement, or fitness of a particular purpose. does not warrant or assume responsibility for the accuracy or completeness of any information, text, graphics, links or other items contained within the "mobile bidding screen and applications associated with it" .The company makes no warranties respecting any harm that may be caused by the transmission of a computer virus, worm, time bomb, logic bomb, or other such computer program. The company further expressly disclaims any warranty or representation to Authorized Users or to any third party. In no event shall the company be liable for any damages (including, without limitation, lost profits, business interruption, or lost information) rising out of 'Authorized Users' use of or inability to use the software, even if the company has been advised of the possibility of such damages. In no event will the company be liable for loss of data or for indirect, special, incidental, consequential (including lost profit), or other damages based in contract, tort or otherwise. The company shall have no liability with respect to the content of the software or any part thereof, including but not limited to errors or omissions contained therein, libel, infringements of rights of publicity, privacy, trademark rights, business interruption, personal injury, loss of privacy, moral rights or the disclosure of confidential information. In case of any deviation between the computer interface and the mobile screen interface, the data as made available on the computer screen will prevail.
  3. Buyers may note that certain fields which are visible on the computer screen have been with-held and are not shown on the mobile screen. This has been necessitated so as to enable effective rendering on the mobile screen with sufficient speed.
  4. Certain facilities of monitoring multiple lots are also limited in their availability on the mobile screen, again due to space and speed considerations.
  5. Certain checks against high bids , available on the computer screen, may not be available on the mobile screen, or, may behave differently, due to limitations of technology.
  6. This communication being sent by company is privileged and confidential, and is directed to and for the use of the addressee only. If this message reaches anyone other than the intended recipient, we request the reader not to reproduce, copy, disseminate or in any manner distribute it. We further request such recipient to notify us immediately by return email and delete the original message. Company does not guarantee the security of any information transmitted electronically and is not liable for the proper, timely and complete transmission thereof. Opinions, conclusions and other information in this communication that do not relate to the official business of Company shall be understood as neither given nor endorsed by it.

* The mobile bidding application will not run IPhone. Blackberry and other phones with proprietary operating systems