Bundles
Bundle consists of new black steel sheet scrap, clippings or skeleton scrap that are compressed into a bundle of not less than 75 pounds per cubic foot, so that the material can be handled with a magnet. It may include black, galvanized and zinc coated materials whose dimensions must not exceed 4'x2'x2'.
Shredded scrap
The pieces of ferrous scrap produced by shredders, often from shredded vehicles and appliances. The fist-sized chunks are transportable and saleable as a commodity.
Bar crops and plate scrap
Bar crops and plate scrap – It constitutes bar crops, plate scrap, forgings, bits, jars, and tool joints, containing not more than 0.05 % P or S each, and not more than 0.5 % Si. It is to be free from alloys. The dimensions are not less than 10 mm in thickness, not above 450 mm in width, and not above 900 mm in length.
Heavy Melting Scrap (Hms) 1 & 2
Heavy melting steel (HMS) or heavy melting scrap is broken up into two major categories: HMS 1 and HMS 2, where HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does. HMS is typically traded as a blend of 1 and 2, either a premium blend (80/20) or lower grade mixes (70/30) and (60/40).
