US: RMDAS ferrous scrap index remains largely stability in Jul’25

In Jul’25, the RMDAS ferrous scrap index, reflecting spot prices for steel mills and foundries in the US, witnessed steability. The index recorded the following price adjustments compared to the previous assessment on 21 Jun:

• Shredded scrap prices were stable at $380/t.
• Prompt industrial composite scrap increased by $3/t to $444/t.
• HMS was stable at $333/t.