USA: RMDAS ferrous scrap index shows mixed trends in April

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The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index shows a mixed trend in Apr’22.
The average price for shredded scrap is $604/t in Apr, up $5/t m-o-m, while HMS prices have fallen by $19/t to $526/t.
The index indicates domestic spot market prices, representing scrap purchases by steel mills and foundries in the USA.

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