Raw Material Data Aggregation Service (RMDAS)
To stay on top of the ever-changing scrap market, you need information that is accurate, current, and comprehensive: scrap price and volume information based on actual, real-world transaction data, not surveys or price opinions. With MSA’s Raw Material Data Aggregation Service™ (RMDAS™), you have access to a powerful, comparative reporting and benchmarking system delivered via a secure web portal.
RMDAS participants include well-known EAF mini-mills and integrated steel producers, representing a significant portion of the total purchased scrap consumed in the U.S. each month. Determining how your scrap pricing trends against others will help you improve your purchasing performance.
With accurate, complete, and timely scrap price information, RMDAS provides you with a strong competitive advantage to make well-informed, data-driven decisions.
Benefits
Accurate and Timely Pricing Insights
Enables more-informed purchasing decisions to improve your performance.
Comprehensive View Across Entire Company
Provides visibility into your scrap purchases by plant or across the entire company.
Data Organization and Standardization
Organizes data that may not be easily accessible internally using standard industry nomenclature.
Benchmark Comparisons
Measures your company’s or plant’s performance against others in specific regions or product groupings.
Strategic Insights on Scrap Price Movement
Shows how the price of scrap evolves as the buy month proceeds.
Features
RMDAS provides an intuitive, secure web portal for generating charts, graphs, and reports of ferrous scrap price and volume information. The full web portal is only available to RMDAS participants, but the RMDAS™ Ferrous Scrap Price Index is made available to other interested parties.
Features
Data Confidentiality
Confidentiality of each participant’s raw data is always maintained. Only aggregated data is shared for benchmarking.
Data Cleansing and Validation
All data is cleaned, matched, aggregated, and validated.
QueryBuilder
Allows custom “slicing and dicing” of data in a myriad of chart, graph, and data formats.
RMDAS Dashboard
Executive overview of key information on RMDAS, customizable by user.
Flash Reports
Standard reports that benchmark your company and plants against regions and product groups.
RMDAS Ferrous Scrap Price Index
Provides aggregated weighted-average regional spot market prices for several widely traded scrap commodities for certain regions of the U.S. scrap market.
Weekly Tracking Price
Provides insights into weekly price variances each month; indicates price direction for the following month.
Monthly Summary Reports
Recap of volume and weighted-average pricing of scrap purchases for company/plants, regions, and product groups.