Ferrous Scrap Prices Hold Steady as U.S. Steel Output Rises

Ferrous Scrap Prices Hold Steady as U.S. Steel Output Rises
Post Views: 15 Recycled steel prices Market Stability Defines June for Recycled Steel Pricing Recycled steel prices in the United States showed minimal fluctuation through June, maintaining a steady tone across two mill buying periods. Data from the Raw Material Data Aggregation Service (RMDAS), managed by MSA Inc., revealed only slight changes in benchmark grades. Between mid-April and mid-June, average mill prices for No. 1 heavy melting steel (HMS) and No. 2 shredded scrap shifted by just $1 and $2 per ton, respectively. The most significant change came from the prompt industrial composite ...

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