Dealer Clips?

Can anyone tell me why the yard I go to call clean steel "dealer clips?"

For the first six months I was scrapping I was just throwing everything ferrous in with the shred. Then one visit, all the shred piles were occupied so I pulled up to an empty space with just metal, happened to have clean metal with me, and the yard van pulls up and looks the stuff over and says "just dealer clips?"

So I asked what it meant. He says that as long as there's no plastic, wood, etc. then it's dealer clips, pays an extra .01 per pound. I'm like, okay, yeah it is.



Since then, I've been separating my "dealer clips" and doing separate loads of shred. Right now it's actually at 235 a ton, so 11.50/100 lbs, opposed to 200/ton for shred.

All that weight wasted!