Auction at USS-POSCO Industries Offers Excess and Disused MRO Spares Opportunities

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PITTSBURG, Calif., May 8, 2015 (SEND2PRESS NEWSWIRE) -- USS-POSCO Industries (UPI), a large West Coast steel mill, has announced that it will be selling a variety of excess and disused MRO items through an upcoming online auction. According to IAAS Worldwide, presenting the auction, among the many items to be listed will be: bearings, cylinders, pumps, valves, gears, pipe and hose fittings, filters, motors, brakes, electrical parts, fittings, fuses, PCB's, and instrumentation.

The online auction will take place over a five-day period, beginning May 18, 2015 and continuing through May 22, 2015. It will be conducted on the website by IAAS Worldwide.

Alan Loeser, Director of IAAS Worldwide auction house says that there are many items for the company or person looking for electrical parts, gears, couplings, bearings, valves and gearboxes.

Loeser says that it's typical for interested buyers of these items to attend the onsite auction because they can bid online real time through the auction site Bidspotter ( "By partnering with Bidspotter, we can offer these items in a world-wide setting instead of just to those who can physically attend," he said.

As always, IAAS Worldwide terms of payment include cash, credit card, company or personal check with a bank letter of guarantee, cashier's check, or wire transfer. Organization and payment for removal of purchased items are fully the responsibility of the buyer. Visit for complete terms of sale. There is a 16.5% buyer's premium online.

UPI is a world-class manufacturer of flat rolled steel that produces more than one million tons of cold rolled, galvanized and tin coils annually. UPI's Pittsburg, California facility has been producing steel for over 100 years and it currently maintains a workforce of approximately 750 people.

For open sale and auction inquiries visit or call Alan D. Loeser, IAAS Worldwide at 717-235-8299. PA License # AUOO3740R held by Alan D. Loeser Sr., member, National Auctioneers Association.

TWITTER: @IAAS_Worldwide

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REFERENCES: auction house, steel mill, Alan Loeser, news, press release from IAAS Worldwide, May 8, 2015, Manufacturing, Business, Auction and Online Auctions, Pittsburg, California, Auction at USS-POSCO Industries Offers Excess and Disused MRO Spares Opportunities