Scrap Steel up $6.54 CDN/TON
Friday December 15, 2023
Mixed Scrap Steel (HMS1) rose $6.54 CDN/TON over the past 30 days. Prices decreased $1.30 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has advanced $24.52 CDN/TON.
In the longer term overview we see that Mixed Steel has increased $7.52 CDN/TON over the past year and overall fell $165.40 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $3.65 CDN/TON, #2 copper was up $0.04 USD/LBS, Aluminum Extrusion Scrap increased $0.01 USD/LBS and Zinc Die Cast scrap was positive $0.04 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 6.43% in the past year and over the past 24 months the index has declined 22.86%.
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