Scrap Steel down $21.79 CDN/TON
Wednesday May 15, 2019
Mixed Scrap Steel (HMS1) fell $21.79 CDN/TON over the past 30 days. Prices decreased $6.97 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $75.47 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $59.66 CDN/TON over the past year and overall fell $8.97 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $30.58 CDN/TON, #2 copper was down $0.04 USD/LBS, Aluminum Extrusion Scrap increased $0.01 USD/LBS and Zinc Die Cast scrap was negative $0.02 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 declined 12.19% in the past year and over the past 24 months the index has advanced 1.23%.