Tag: prompt industrial composite scrap

US: RMDAS ferrous scrap index sees downtrend in May’25

May 21, 2025

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by

Adarsh Ramteke

in Melting Scrap

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…