|// 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.
// Stone and Aggregate Pricing
Construction Sand and Gravel - Washed, Screened or Otherwise Treated
(Bureau of Labor Statistics Price Index*)
*Index is based on 1982 average price as 100
Source: U.S. Bureau of Labor Statistics
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.