rmdas
Pricing pattern seems familiar
With familiar scrap steel pricing trends emerging as seen last year, summer trading may turn into higher profits.
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Market awaits next direction
Recyclers are keeping an eye on their scales and industrial buying volumes to determine how Trump administration policies might affect material flows this spring.
RMDAS April figures show recycled steel price setback
Steel mills paid from $20 to $40 less per ton for benchmark recycled steel grades in late March and the first three weeks in April.
Greenwave closes 2024 books with red ink
The metal recycling firm’s delayed annual report shows continued financial losses and mounting debts.
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Tight supply keeps prices buoyant
Some early March reports indicated the U.S. mill buying season would result in more price gains for ferrous scrap.
Recycled steel price crosses $500 per ton threshold
Steel mills in the northern U.S. have been paying $501 per ton for prompt ferrous scrap in March, according to RMDAS.
Tight supply poised to keep recycled steel prices buoyant
If recycled steel prices rise in the United States, it could be more of a supply issue instead of a demand one.
Winter supply hiccups create February price boost
After shredded scrap ended 2024 at less than $375 per ton on average, as of the second week of February, Davis Index had U.S. mills paying $406 on average.
RMDAS figures show February surge in recycled steel’s value
Prompt scrap grades have gained the most value in the first six weeks of 2025, according to MSA Inc.’s RMDAS price tracking data.
A glimmer of hope in the new year
Recycled steel sellers finally were able to get more per ton in the January buying period compared with the prior month.
Disruptive weather hits US South again
This winter’s third significant storm to hit the South disrupts traffic and causes up to $17 billion in damage, according to one estimate.
