Calculate Steel Pricing by hundredth weight CWT
Jul 31, 2019 For a quicker option, download the demonstration file. To calculate the hundredth weight of steel pricing, you take the gross weight (40,000 lbs) multiplied by the pricing ($57.75) then divide by 100. This will provide you the overall coil price. You then take the gross weight divided by the overall price to give you a Price/lb.