Scrap Steel up $3.81 CDN/TON
Monday May 15, 2023
Mixed Scrap Steel (HMS1) rose $3.81 CDN/TON over the past 30 days. Prices unchanged yesterday from the previous day. In the past 90 days HMS1 has advanced $9.95 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $139.73 CDN/TON over the past year and overall fell $159.79 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $2.24 CDN/TON, #2 copper was down $0.12 USD/LBS, Aluminum Extrusion Scrap decreased $0.03 USD/LBS and Zinc Die Cast scrap was negative $0.03 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 20.49% in the past year and over the past 24 months the index has declined 16.57%.
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