|// Scrap Iron
RMDAS No. 1 Heavy Melt Steel Pricing
(Per Gross Ton for No. 1 HMS scrap)
Reported United States aggregated spot market prices per gross ton shown for each commodity are based on all Management Science Associates’ (MSA) Raw Material Data Aggregation Service (RMDAS) participants’ actual order data submitted to and processed by MSA as of the 20th of each respective “buy month,” rounded to the whole integer. A map of RMDAS regions is available at http://rmdas.msa.com, as is a further explanation of RMDAS methodology and an accompanying disclaimer.
No. 1 HMS defined as prepared obsolete scrap, 5 feet long and under. Additional pricing information on each grade can be found at www.RecyclingToday.com.
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// Stone and Aggregate Pricing
Construction Sand, Gravel and Crushed Stone
(Bureau of Labor Statistics Price Index*)
*Index is based on 1982 average price as 100
Source: U.S. Bureau of
Global annual ferrous scrap use in iron and steel foundries has amounted to between 56 million and 76 million metric tons in recent years.
(Source: “World Steel Recycling in Figures,” by the Bureau of International Recycling)