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Term
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Definition
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| Package |
A borrowed term used to describe the preparation style of a grade of scrap. While the scrap is packaged only to the extent of being loaded into a conveyance, a shipper may describe his material as "a clean package," "a dense package," etc.
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| Partial Load |
Less than a carload, less than a truckload, less than a bargeload - intended to convey the idea that more material needs to be loaded in order to ship a minimum acceptable quantity. |
| Partial Rejection |
Part of the load is rejected, the balance accepted at contract price. Partial rejections usually result from the first (top) part having been unloaded (and hence, accepted) and upon further examination, the balance (underneath) portion of the load found to be unacceptable, and hence, rejected. |
| Pearlite |
A matrix in iron with a lamination of cementite and ferrite with great strength.
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| Peddler |
An independent, usually small, handler of scrap who brings his product to a dealer for further processing. |
| Pellets |
Iron ore or limestone particles are rolled into little balls in a balling drum and hardened by heat. |
| Per Car Rate |
A fixed charge per car on specific commodities between specific points. |
| Per Diem |
A charge assessed on a daily basis. |
| Peritectic |
Like an eutectic except where two phases transform to one phase. |
| Permanent Molding |
A steel or carbon mold used over and over again to produce castings. |
