Tag: RMDAS ferrous scrap price index
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US: RMDAS ferrous scrap index sees recovery m-o-m in Dec’22
The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index increased m-o-m in Dec’22 before the winter holidays. The average price of shredded scrap stood at $393/t in Nov’22, up by $26/t m-o-m, prompt industrial composite scrap at $388/t, up by $31/t, and the HMS index at $326/t, up by $19/t. The index tracks…