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// Scrap Iron RMDAS
No. 1 Heavy Melt Steel Pricing
(Per Gross Ton for No. 1 HMS scrap)
The AMM Midwest Scrap Index is calculated based on transaction data received that are then tonnage-weighted and normalized to produce a final index value. The detailed methodology is available at www.amm.com/pricing/methodology.html.
All prices are effective the 10th of the month or the following Monday if the 10th falls on the weekend.
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 and Gravel - Washed, Screened or Otherwise Treated
(Bureau of Labor Statistics Price Index*)
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Oct. 2011
Nov. 2011
Dec. 2011
Jan. 2012
Feb. 2012
March 2012
April 2012
May 2012
June 2012
July 2012
Aug. 2012
Sept. 2012
Oct. 2012
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266.6
266.9
266.5
269.0
270.7
271.4
274.6
273.7
273.7
273.3
272.7
275.1
273.5 |
*Index is based on 1982 average price as 100
Source: U.S. Bureau of Labor Statistics
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The Steel Recycling Institute (www.recycle-steel.org) says the 2011 steel recycling rate in the United States reached a record 92 percent, with more than 85 million tons of steel scrap consumed, an increase of nearly 10 million net tons from the previous year.