en.Wedoany.com Reported - CITIC Dicastal Co., Ltd. of China will hold a competitive bidding event for aluminum ingot procurement in late June 2026, conducted through the Anhuida Bidding Trading Platform of Shanghai Metals Market (SMM) Metal Trading Center.
This procurement adopts a descending price bidding mechanism, initiated by the buyer CITIC Dicastal, with the lowest bidder winning the contract. The procurement target is 99.80 aluminum ingots (AL≥99.80%, FE≤0.1, etc.), with brand scope including Chinalco, Weiqiao, Mengtai, Chuangyuan, Jinlian, Huomei Hongjun, Qingtongxia, Yulin, Baihe, etc. The total volume for the first procurement is 300 tons, with bidding quantities selectable at 150 tons or 300 tons. Delivery method is ex-works delivery to the factory, with the delivery location in Qinhuangdao City, Hebei Province. The pricing benchmark is the SMM A00 aluminum average price on the bidding day plus X (optimal price wins), with the bidding period from 9:30 to 10:00 on the bidding day. Payment terms are payment within 3 days of delivery, with the seller required to issue a VAT invoice in the month of delivery.
Participating suppliers must meet the following access conditions: established for no less than 2 years, with registered capital of no less than 10 million RMB (paid-in). Manufacturers must provide a business license, IATF16949 quality management system standard, and pollutant discharge permit; traders must provide a business license and proof of actual business operations. Suppliers must complete three access procedures: platform certification, supplier registration, and fund settlement signing, to obtain bidding eligibility. Platform certification requires registration and qualification certification on the Anhuida Trading Platform; supplier registration requires passing the access review on the CITIC Dicastal Management Platform; fund settlement signing requires activating the "Settlement Pass" fund settlement function on the Anhuida Platform.
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