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12 Ιουν 2023 · The gross ton is the standard for steel and commodity weights for pricing. An easy example to help figure out your pricing per ton or pound would be doing some simple math. Here is an example: If a yard pays you $0.05 per pound for 2,000 pounds (Net Ton) = $100. But $0.05 per lb for 2,240 pounds (Gross Ton) = $112.00.
5 Απρ 2019 · When you call for a price, they will tell you the Gross Ton price, but pay you for the Net Ton price. We here at Fair Salvage believe that is how scrap yards get a bad reputation and would like to put an end to it! Let’s break down the difference and ways to avoid this wording scam.
Understanding the difference between gross ton and net ton is crucial in the shipping industry due to its profound impact on cost calculations, legal and regulatory compliance, and accurate budgeting and financial planning.
It is defined differently depending on the country, with the short ton equal to 2,000 pounds and the long ton equal to 2,240 pounds. Converting between metric tons and tons requires specific conversion factors depending on the type of ton being used.
The British ton is the long ton, which is 2240 pounds, and the U.S. ton is the short ton which is 2000 pounds. Both tons are actually defined in the same way. 1 ton is equal to 20 hundredweight. It is just the definition of the hundredweight that differs between countries.
Both the long and short ton are defined as 20 hundredweights, but a hundredweight is 100 pounds (45.36 kg) in the US system (short or net hundredweight) and 112 pounds (50.80 kg) in the imperial system (long or gross hundredweight). [1] A short ton–force is 2,000 pounds-force (8,896.44 N).
The three types are all a measure of mass (weight) the short ton aka US ton is 2,000/lbs. The long ton aka Imperial (British) ton is 2240 lbs. The third ton is the metric tonne which is, equal to 1000 kilograms, or approximately 2204 pounds.
