Scrap Steel down $3.82 CDN/TON
Sunday October 15, 2023
Mixed Scrap Steel (HMS1) fell $3.82 CDN/TON over the past 30 days. Prices increased $0.51 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $8.98 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $73.41 CDN/TON over the past year and overall fell $180.28 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $0.91 CDN/TON, #2 copper was down $0.01 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 8.00% in the past year and over the past 24 months the index has declined 27.25%.
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