Tag: RMDAS ferrous scrap price index

USA: RMDAS ferrous scrap index shows mixed trends in April

Apr 21, 2022

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by

Deepika Singh

in Melting Scrap

The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index shows a mixed trend in Apr’22. The average price for shredded scrap is $604/t in Apr, up $5/t m-o-m, while HMS prices have fallen by $19/t to $526/t. The index indicates domestic spot market prices, representing scrap purchases by steel mills and foundries in…