Scrap Steel down $3.02 CDN/TON
Wednesday August 15, 2018
Mixed Scrap Steel (HMS1) fell $3.02 CDN/TON over the past 30 days. Prices decreased $1.06 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has advanced $8.50 CDN/TON.
In the longer term overview we see that Mixed Steel has increased $73.57 CDN/TON over the past year and overall rose $137.20 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $2.00 CDN/TON, #2 copper was down $0.02 USD/LBS, Aluminum Extrusion Scrap unchanged and Zinc Die Cast scrap was negative $0.07 USD/LBS.
The Canadian Scrap Metals Index which includes scrap steel as well as 5 other benchmark grades of scrap metals including non-ferrous,
has advanced 8.81% in the past year and over the past 24 months the index has advanced 27.22%.