Tag: RMDAS ferrous scrap price index

US: RMDAS ferrous scrap index witnesses downtrend in Jun’24

Jun 21, 2024

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by

Manya Dewangan

in Melting Scrap

In Jun’24, the RMDAS ferrous scrap index, indicating spot market prices for steel mills and foundries in the US, witnessed a decline. The index recorded the following prices: Shredded scrap declined by $16/t to $379/t. Prompt industrial composite scrap decreased by $29/t, settling at $398/t. The HMS index decreased by $11/t, reaching $318/t.