Ferrous pricing turns up.[GRAPHIC OMITTED] After a three-month period of almost complete flatness, per-ton pricing for ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which scrap moved up by several dollars throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. in August. Pricing for all grades across all regions moved up from $3 to $16 per ton. In both northern regions, mill buyers paid $16-per-ton more for prompt Industrial composite grades. Reported regional aggregated spot market prices per gross ton shown for each commodity are based on all Management Science Associates' (MSA (Metropolitan Service Area) An urban area with at least 50,000 people plus surrounding counties. There are 306 MSAs and 428 RSAs (rural service areas) in the U.S. MSAs and RSAs are used to allocate cellular licenses. ) 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 integer: see number; number theory . A map of RMDAS regions is available at http://rmdas.msa. com, as is a further explanation of RMDAS methodology and an accompanying ac·com·pa·ny v. ac·com·pa·nied, ac·com·pa·ny·ing, ac·com·pa·nies v.tr. 1. To be or go with as a companion. 2. disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the . No. 2 shredded shred n. 1. A long irregular strip that is cut or torn off. 2. A small amount; a particle: not a shred of evidence. tr.v. scrap is defined as containing .17 percent or greater copper content. The prompt industrial composite consists of an average of No. 1 bundles and No. 1 busheling. Additional pricing information on each grade can be found at www.RecyclingToday.com. [c] 2007 Management Science Associates Inc. All rights reserved RMDAS is a trademark of Management Science Associates Inc.
August 2007 Spot Pricing
TOTAL U.S. NORTH CENTRAL/EAST
Prompt Industrial Composite $311 $313
#1 HMS $256 $258
#2 Shredded Scrap $276 $279
#2 Shredded/Change vs. +$13 +$14
Month Before
NORTH MIDWEST SOUTH
Prompt Industrial Composite $306 $304
#1 HMS $261 $242
#2 Shredded Scrap $276 $271
#2 Shredded/Change vs. +$13 +$15
Month Before
For additional pricing information on each grade over
the past year, please go to www.RecyclingToday.com.
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