FAQ - Definitions and Calculations

Questions
  1. cwt
  2. EXW Mill
  3. FOB mill
  4. Price per Foot
  5. ton
 
Answers
  1. cwt
    Price/cwt is per 100 pounds
    Pounds/100 = cwt value

  2. EXW Mill
    EXW Mill is "Ex Works Mill" meaning the price does not include any processing or freight.

  3. FOB mill
    FOB is freight on board, so FOB mill is the price for the material at the mill, without any freight.

  4. Price per Foot

    Price per foot = (foot weight /100) * $/cwt



  5. ton
    1 ton = 2,000 pounds
    Price per ton = $/cwt * 20