Tag: HMS scrap price drop

In May’25, the RMDAS ferrous scrap index, reflecting spot prices for steel mills and foundries in the US, witnessed a downtrend. The index recorded the following price adjustments compared to the previous assessment on 21 Apr: Shredded scrap decreased by $44/t to $378/t. Prompt industrial composite scrap fell by $37/t to $438/t. HMS decreased by…