Individual Metals Norms
A published chemistry serves to inform traders, cons umers and producers in distant corners of the globe what standard they may expect when entering a contract. The MMTA provides these standards across a wide range of minor metals as a benchmark.
Key
- KG
- Kilogramme, 1000 per MT. Approximately 2.20462 lbs.
- MT
- Metric Tonne, 1000 KG. Approximately 2204.62 lbs.
- ppm
- Parts per million. 1ppm = 0.0001%
- +/- 2%
- Contract tolerance of +/- 2% allows for delivered material to be between 98-102% of contracted weight.
- FSU
- Former Soviet Union, countries that were part of the USSR.
- CIS
- Commonwealth of Independent States. A post-USSR alliance of some but not all FSU states. Currently: Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine.
- IMDG
- International Maritime Dangerous Goods Code. The IMDG is an international code for the transport of dangerous goods by sea and covers such matters as packing, container traffic and stowage.