Scrap Steel down $6.60 CDN/TON
Wednesday February 15, 2023
Mixed Scrap Steel (HMS1) fell $6.60 CDN/TON over the past 30 days. Prices increased $0.17 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $18.43 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $143.53 CDN/TON over the past year and overall fell $194.15 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $2.69 CDN/TON, #2 copper was down $0.03 USD/LBS, Aluminum Extrusion Scrap decreased $0.03 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 19.45% in the past year and over the past 24 months the index has declined 9.11%.
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