|// 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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President Obama signed a $105 billion transportation bill into law on July 6. The Moving Ahead for Progress
in the 21st Century Act (MAP-21) also known as the transportation reauthorization bill, passed by a vote of
373-52 in the House of Representatives and 74-19 in the Senate. Although the vote was overwhelmingly
bipartisan, all 52 House members and 19 Senators who opposed the bill were Republican.