Tag: RMDAS ferrous scrap price index

The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index rose by $120-180/t m-o-m in Mar’22. The average price for shredded scrap is $599/t as against $475/t in Feb. The index indicates domestic spot market prices, representing scrap purchases by steel mills and foundries in the USA. Prices include the aggregated total of three…