Tag: scrap price adjustment

US: RMDAS ferrous scrap index sees negative trends in Dec’24

Dec 21, 2024

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by

Adarsh Ramteke

in Melting Scrap

In Dec’24, the RMDAS ferrous scrap index, indicating spot market prices for steel mills and foundries in the US, witnessed a downtrend. The index recorded the following price adjustments (compared to the previous assessment on 21 Nov): Shredded scrap decreased by $9/t to $373/t. Prompt industrial composite scrap fell $7/t to $396/t. HMS decreased by…