US: RMDAS ferrous scrap index steady in Sep’25, except prompt industrial grades

In Sep’25, the RMDAS ferrous scrap index, reflecting spot prices for steel mills and foundries in the US, remained largely stable. The index recorded the following price adjustments compared to the previous assessment on 21 August:

• Shredded scrap prices remain stable at $381/t.
• Prompt industrial composite scrap prices fell by $25/t at $425/t.
• HMS prices remain stable at $337/t.