Scrap Steel down $16.23 CDN/TON
Saturday June 15, 2024
Mixed Scrap Steel (HMS1) fell $16.23 CDN/TON over the past 30 days. Prices decreased $0.59 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $16.63 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $14.01 CDN/TON over the past year and overall fell $159.77 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap fell $5.14 CDN/TON, #2 copper was down $0.04 USD/LBS, Aluminum Extrusion Scrap decreased $0.04 USD/LBS and Zinc Die Cast scrap was negative $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 advanced 7.79% in the past year and over the past 24 months the index has declined 11.54%.
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