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tonImperial unit of mass. The long ton, used in the UK, is 1,016 kg/2,240 lb; the short ton, used in the USA, is 907 kg/2,000 lb. The metric ton or tonne is 1,000 kg/2,205 lb. tonIn shipping, a unit of volume (called a register ton) equal to 100 cubic feet/2.8 cubic meters. Gross tonnage measures the total internal volume of a ship. Net register tonnage is the amount of gross tonnage (in register tons) used for carrying cargo or passengers. Displacement tonnage is the weight of the vessel, in terms of the number of long tons of sea water displaced when the ship is loaded to its load line; it is used to describe warships, and one displacement ton equals 35 cubic feet/1 cubic meter. Ton
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Reported regional aggregated spot market prices per gross ton shown for each commodity are based on all Management Science Associates' (MSA) Raw Material Data Aggregation Service (RMDAS) participants' actual order data submitted to and processed by MSA as of the 20th of each respective "buy month," rounded to the whole integer. Coast Guard may propose new rules to expand AIS commercial vessel carriage requirements beyond the current 300-gross-ton minimum down to all ships of 100 gross tons or greater, any commercial vessel over 65 feet, and perhaps some smaller tugs. The average selling price for our processed ferrous scrap metal shipments was $172 per gross ton in the quarter ended December 31, 2003, compared to $112 per gross ton in the quarter ended December 31, 2002. |
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