Tag: July scrap buying outlook
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US: RMDAS ferrous scrap index remains largely stable in June
Domestic steel demand continues supporting scrap prices Turkish weakness limits US export opportunities The RMDAS ferrous scrap index showed largely stable trends on 21 June 2026 compared with 21 May. Shredded scrap prices inched up by $1/t to $433/t, while HMS prices increased by $3/t to $382/t. Meanwhile, the prompt industrial composite scrap index strengthened…