Prized assets go under hammer

    Prized assets go under hammer

    An auction comprising of top quality casting metal equipment and machinery will take place on May 31 at 11am. The auction will be held on site in Ekangala near Bronkhorstspruit.

    The items on auction, previously used by the high-profile foundry Steloy Castings, are of top quality and in stellar condition. Steloy Castings foundry invested millions in the latest equipment and technology in order to secure lucrative railway industry contracts for localisation projects. In addition to this, Steloy Castings is the only foundry in South Africa accredited with the Iris standard and the international rail industry standard.

    The multi-million rand foundry company manufactured and supplied a full range of stainless steel, super alloyed and carbon steel components to markets as diverse as pump and valve manufacturers, as well as the petro-chemical, chemical, glass, cement, rolling stock, and power generation industries.

    Based at 5 Cobalt Street, Ekangala, Bronkhorstspruit, which is about 50km east of Pretoria; the Steloy Casting foundry borders Gauteng and Mpumalanga prov- inces thus making it easily accessible.

    On the day of the auction, Bidders Choice’s CEO, Pieter Geldenhuys, will personally auction the state-of-the art equipment. Geldenhuys states that Steloy Castings was a “world-class foundry” and

    it is unfortunate that they have been liquidated.

    Many prized assets will be on offer at the Bidders Choice liquidation auction, these include, a silo, heat treatment and shot-blasting equipment, 650kw furnace power pack, various sized roller tracks, core blowing machines, CNC cu ing machine, and welding machines.

    When and where:

    Viewing of all assets on offer will be on 30 May from 10am to 8pm. Contact Mark on 084-500-4564 for more details and directions to the plant or visit
    KindlynotethatBiddersChoiceindicatedthatundernocircum- stances will cash payments be accepted on the site.

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