Raw Material Extra Charge

The RMEC is an Assofond index that provides a simple and immediate representation of the market dynamics of scrap and pig iron used by cast iron and steel foundries. The “Raw Material Extra Charge” is processed on the base of the data coming from “Chamber of Commerce of Milan “C.C.I.A.A“ and the value, expressed in euro/ton, is related to different kind of metallic materials: Grey cast iron, Ductile cast iron and Steel casting.

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