In Aug’24, the RMDAS ferrous scrap index, indicating spot market prices for steel mills and foundries in the US, witnessed a positive trend. The index recorded the following prices:
- Shredded scrap increased by $2/t to $381/t.
- Prompt industrial composite scrap increased by $3/t, settling at $396/t.
- The HMS index increased by $5/t, reaching $326/t.
Leave a Reply