Tag: Nov 2025 scrap market

In Nov’25, the RMDAS ferrous scrap index, reflecting spot prices for steel mills and foundries in the US, recorded mixed movements across all grades. The index recorded the following price adjustments compared to 23 Oct: Shredded scrap prices rose by $1/t m-o-m to $371/t. Prompt industrial composite scrap prices increased by $2/t to $403/t. HMS…