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Term
|
Definition
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| CaCO3 |
Chemical formula for raw lime. |
| Calcination |
The removal of CO2 from raw lime forming CaO or the removal of CO2 from raw dolomitic lime forming MgO. Process requires a great deal of heat.
|
| Call |
An option, but not an obligation to buy (See Options and Put). |
| Cancel |
A purchase contract has provisions for shipping time and often for scheduling. It should be made clear to shippers that schedule and the period of time for which the contract is written are essential elements of the negotiation. Failure to comply with either, places the shipper in the vulnerable position of possible cancellation of the contract providing the elements of time and scheduling are not adhered to. Notification of our intent to cancel may be made in advance of the cancellation date, or may be made on or after the cancellation date, (usually expressed as the final date of shipment for the contract). Failure to ship within scheduled times places the contract in jeopardy of being cancelled insofar as that portion of the quantity of the contract which was not shipped in the required periods. |
| CaO |
Chemical formula for lime. |
| Car Cleaning Charge |
A charge assessed by a consumer or railroad for removing material from a railroad car after the scrap has been unloaded. |
| Car Dumper |
A piece of equipment used in some steel mills which turns a railroad car over on its side or upside down in order that the material therein is removed quickly. |
| Car Initials |
Official abbreviations of the names of the railroads which limits the number of initials in the abbreviation to a maximum of four. Care should be taken in stating railroad's initials that only the approved or official initials are used. |
| Car Length |
Usually dealt within our industry as outside length. The measurement from one end of the railroad car to another. Frequently, within steel mills or foundries tracks take sharp bends or scales are of limited length, or for other safety reasons a consumer will not want to receive a railroad car of more than a certain maximum outside length. Care should be taken in writing contracts that car length requirements are understood and passed on to the shippers. |
| Car Masher/Slabber/Crusher |
A piece of equipment which decreases the volume of an automobile by mashing it to approximately 1/5 of its thickness. In this way, many vehicles can be transported from one place to another in a more efficient manner. |