SteelMint

Tag: prompt industrial composite scrap

  • US: RMDAS ferrous scrap index sees uptrend in Feb’25

    US: RMDAS ferrous scrap index sees uptrend in Feb’25

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    by

    Adarsh Ramteke
    in

    In Feb’25, the RMDAS ferrous scrap index, indicating spot market prices for steel mills and foundries in the US, witnessed an uptrend. The index recorded the following price adjustments (compared to the previous assessment on 21 Jan): Shredded scrap increased by $44/t to $437/t. Prompt industrial composite scrap rose by $50/t to $466/t. HMS increased…