Scrap Steel down $10.80 CDN/TON
Tuesday February 15, 2022
Mixed Scrap Steel (HMS1) fell $10.80 CDN/TON over the past 30 days. Prices increased $0.70 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $32.31 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $48.85 CDN/TON over the past year and overall rose $104.69 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $4.72 CDN/TON, #2 copper was up $0.04 USD/LBS, Aluminum Extrusion Scrap increased $0.03 USD/LBS and Zinc Die Cast scrap was negative $0.01 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 11.41% in the past year and over the past 24 months the index has advanced 39.76%.
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