The mill is buying at gross tons to make up for slag lost when melting the steel. Eight percent of every 150 ton melt is slag. They just want to make sure when they sell there steel they aren't losing money on it.
The mill is buying at gross tons to make up for slag lost when melting the steel. Eight percent of every 150 ton melt is slag. They just want to make sure when they sell there steel they aren't losing money on it.
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My local yard pay in net tons (2000lbs.) I noticed they have a net ton to gross ton calculator on their site. It might be helpful to someone.
http://www.marshfieldscrap.com/calculators.html
If it wasn't for the $ in $crap, it would just be.....
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