- The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index rose by $120-180/t m-o-m in Mar’22. The average price for shredded scrap is $599/t as against $475/t in Feb.
- The index indicates domestic spot market prices, representing scrap purchases by steel mills and foundries in the USA.
- Prices include the aggregated total of three regions in the USA: North Midwest, North Central/East and South.
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