Scrap Steel down $8.77 CDN/TON
Wednesday May 15, 2024
Mixed Scrap Steel (HMS1) fell $8.77 CDN/TON over the past 30 days. Prices decreased $0.58 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $9.51 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $4.65 CDN/TON over the past year and overall fell $140.21 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $6.05 CDN/TON, #2 copper was up $0.12 USD/LBS, Aluminum Extrusion Scrap decreased $0.01 USD/LBS and Zinc Die Cast scrap was positive $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 advanced 12.82% in the past year and over the past 24 months the index has declined 9.69%.
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