|
Term
|
Definition
|
| UBCs (Used Beverage Cans) |
Scrap aluminum beverage cans, although sometimes applied to steel cans as well (steel has a microscopic share of the beverage can market in America but a much larger share in Europe and elsewhere). |
| Undership |
To ship less than contractual arrangements. |
| Unfair Trade Suit |
A type of lawsuit filed by U.S. companies against their foreign counterparts in response to imports at prices being lower than those in the prices in the U.S. market. Sanctions can be imposed by the ITC and the Commerce Department on foreign producers involved in dumping and government subsidization, if domestic manufacturers can prove material injury. |
| Unload |
To remove scrap from a conveyance. |
| Unprepared |
Not processed sufficiently to satisfy specifications for a given grade. Scrap can be prepared to satisfy one grade but not another; but the general term "unprepared" refers to scrap not prepared at all, most of the time. |
| Unreconcile |
A bookkeeping or accounting term, meaning that certain data or documents received are not able to be introduced into our recordkeeping systems because of insufficient identification. |
| Unshreddables |
Materials that a shredder is unable to handle because they are too large or too thick to be shredded. |
| Up To |
Usually refers to size or chemical structure or percentage by weight. Scrap may said to be up to 5' long, or up to 500# per price, or may have up to .05% sulfur or up to 15% material over 10' long. |
| Upgrade |
To improve quality, to beneficiate, to make better. |
| Upon Arrival |
When received. |
