Tag: US: RMDAS scrap indices decline marginally in July

HMS and shredded scrap indices record monthly declines Weak steel demand keeps domestic scrap market subdued The RMDAS ferrous scrap index showed a slight downward trend on 21 July 2026 compared with 21 June. Shredded scrap prices declined by $5/t to $428/t, while HMS prices fell by $8/t to $374/t. Meanwhile, the prompt industrial composite…