Tag: RMDAS ferrous scrap price index
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US: RMDAS ferrous scrap index inches up in Jun’25
In Jun’25, the RMDAS ferrous scrap index, reflecting spot prices for steel mills and foundries in the US, witnessed a slight uptick. The index recorded the following price adjustments compared to the previous assessment on 21 May: Shredded scrap increased by $2/t to $380/t. Prompt industrial composite scrap rose by $3/t to $441/t. HMS inched…