Tag: scrap market August 2026

Strong supply pressures obsolete scrap prices Firm sheet demand supports prime scrap The RMDAS ferrous scrap index recorded a mixed trend on 21 August 2026 compared with 21 July, with obsolete grades under pressure while prime scrap remained relatively firm. Shredded scrap prices declined by $10/t to $418/t, while HMS prices fell by $8/t to…