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Ferrous pricing stays lofty.(MSA/RMDAS[TM] MONTHLY FERROUS SCRAP PRICE INDEX)
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Recycling Today
- Article date:
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November 1, 2007
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Copyright informationCOPYRIGHT 2007 G.I.E. Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ferrous scrap pricing showed less volatility In October after two months of sizable price hikes. Most grades in most regions declined in the average mill buying price. The biggest mover was a decline of $10 per ton for No. 1 HMS In the North Central/East region, while the greatest stability was In the South, where no grade changed by more than $2 per ton.
Reported regional 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," ...
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