Considering that a Gross Ton is 2,240 LBs to calculate how much our pricing is per pound, divide our current steel prices by 2240. For example, if our current Steel Shred price is $224 / Gross Ton, you would divide that by 2,240 to get .1 – or $0.10/LB. Also, you can take the number of pounds of steel you have, divide that by 2,240 to get how many Gross Tons your material weighs.
