Class Codes & Rates:

Code 3018 contemplates a hot or cold rolling process performed by specialist rolling mills or by steelmaking plants performing finishing rolling operations, provided such plants do not operate open-hearth, Bessemer, electric or crucible furnaces. The cross-reference phraseology contemplates an exclusive cold rolling process. Insureds engaged in cold rolling of steel secure their raw material in the form of hot rolled ribbon stock of a thickness somewhat greater than that of the rolled steel which is to be produced.