MSA/RMDAS[TM] monthly ferrous scrap price index.RMDAS PRICING LEVELS OFF IN JULY July: see month. Steel mills have been able to pay a few dollars-per-ton less 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 in July, but prices remain high by historic standards for all grades tracked by the RMDAS. In most cases, the drop was so small as to be barely noticeable, such as the $1-per-ton U.S. average drop In the RMDAS Prompt Industrial Composite grade. 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 0.17 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] 2006 Management Science Associates, Inc. All rights reserved RMDAS is a trademark of Management Science Associates, Inc
July 2006 RMDAS Ferrous Price Index
TOTAL U.S. NORTH
CENTRAL/EAST
Prompt Industrial Composite $343 $346
#1 HMS $244 $244
#2 Shredded Scrap $273 $274
#2 Shredded/Change vs. Month Before -$4 -$3
NORTH MIDWEST SOUTH
Prompt Industrial Composite $338 $326
#1 HMS $251 $236
#2 Shredded Scrap $272 $271
#2 Shredded/Change vs. Month Before -$3 -$7
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