Tag: US: RMDAS ferrous scrap index falls m-o-m in Apr’26; supply overhang pressures prices

Strong domestic pricing of scrap limits export demand Higher steel prices may support demand for prime scrap The RMDAS ferrous scrap index showed mixed trends on 20 April 2026 compared to 20 March, with shredded scrap down by $17/t to $434/t and HMS falling by $21/t to $387/t, while prompt industrial composite scrap remained stable…