Scrap Steel up $9.88 CDN/TON
Wednesday March 15, 2023
Mixed Scrap Steel (HMS1) rose $9.88 CDN/TON over the past 30 days. Prices decreased $0.70 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has advanced $0.97 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $132.82 CDN/TON over the past year and overall fell $170.00 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $0.89 CDN/TON, #2 copper was up $0.03 USD/LBS, Aluminum Extrusion Scrap decreased $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 26.32% in the past year and over the past 24 months the index has declined 9.70%.
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