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In our North American Raw Material Data Aggregation Service (RMDAS™), MSA currently has contracts with a significant number
of EAF mini-mills and integrated steel producers, which represent over 55% of the total purchased scrap consumed in the United
States each month. This service receives all purchase orders for scrap and scrap substitutes from each participant. The data
are then aggregated, with access to the resulting reports being provided to the participants through a powerful web-based
analytical reporting tool.
- Accurate, timely price information by region existing indices are "guesstimates" at best current publishers admit their inaccuracies
- Allows access to the aggregated market data, while maintaining confidentiality of each participant company's proprietary data
- Allows one to see buying opportunities easier springboard buys
- Provides the ability to measure one's performance and to benchmark for example, companies and/or individual locations can specify comparative regions or national reports
- Organizes data that is typically not easily accessible internally. Speed allows one to see trends and to forecast
MSA is the world's leading supplier of timely information for the metals industry. RMDAS™ has applications for the
paper and plastic industries, as well. To learn more about the RMDAS program, or for a live
demonstration of the system, contact us at SALESMAMFG@MSA.COM or 724-265-6500.
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RMDAS Serves Market Leaders
MSA's steel clients are looking "to minimize the contentiousness
and price volatility in scrap buying by joining RMDAS," according
to a Wall Street Journal report on May 16 2005.
Together these RMDAS users operate 53 plants and account for
half of U.S. scrap purchases, or 2.8 million tons a month.
With scrap-steel pricing hitting record highs, RMDAS helps
participants determine if prices they paid were in line with
aggregate average prices paid by other steel companies in the
program, the publication reported.
Click here for the full article which was reprinted in
the Pittsburgh Post Gazette on May 17th.
Related Articles:
New Scrap Pricing Index Debuts
The Price Is Wrong
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