Scrap Steel down $4.01 CDN/TON
Thursday February 15, 2024
Mixed Scrap Steel (HMS1) fell $4.01 CDN/TON over the past 30 days. Prices decreased $0.48 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has advanced $6.88 CDN/TON.
In the longer term overview we see that Mixed Steel has increased $15.87 CDN/TON over the past year and overall fell $127.60 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $0.14 CDN/TON, #2 copper was down $0.03 USD/LBS, Aluminum Extrusion Scrap unchanged 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 5.90% in the past year and over the past 24 months the index has declined 25.30%.
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