Tag: US scrap index April

  • US: RMDAS ferrous scrap index sees downtrend in Apr’25

    US: RMDAS ferrous scrap index sees downtrend in Apr’25

    In Apr’25, the RMDAS ferrous scrap index, reflecting spot 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 Mar: Shredded scrap decreased by $43/t to $422/t. Prompt industrial composite scrap fell by $21/t to $475/t. HMS decreased by…