Scrap Steel down $12.14 CDN/TON
Friday March 15, 2024
Mixed Scrap Steel (HMS1) fell $12.14 CDN/TON over the past 30 days. Prices increased $0.91 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $10.67 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $7.61 CDN/TON over the past year and overall fell $138.42 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $1.20 CDN/TON, #2 copper was up $0.09 USD/LBS, Aluminum Extrusion Scrap unchanged and Zinc Die Cast scrap was positive $0.01 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 0.29% in the past year and over the past 24 months the index has declined 28.52%.
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