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 $30/t to $375/t.
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