Tag: prompt scrap market
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US: RMDAS ferrous scrap index shows mixed trends despite stronger mill activity
Prices of obsolete scrap grades fall amid weak demand Improved mill operating rates support prompt demand The RMDAS ferrous scrap index showed mixed trends on 21 May 2026 compared with 21 April, as shredded scrap prices declined by $2/t to $432/t and HMS prices dropped by $8/t to $379/t, while prompt industrial composite scrap strengthened…