In May’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 Apr:
- Shredded scrap decreased by $44/t to $378/t.
- Prompt industrial composite scrap fell by $37/t to $438/t.
- HMS decreased by $43/t to $332/t.
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