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Scrap Steel down $2.78 CDN/TON


Scrap Steel down $2.78 CDN/TON
Friday November 15, 2024

Mixed Scrap Steel (HMS1) fell $2.78 CDN/TON over the past 30 days. Prices increased $0.74 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has advanced $16.22 CDN/TON.

In the longer term overview we see that Mixed Steel has decreased $19.46 CDN/TON over the past year and overall fell $27.92 CDN/TON over a 2 year period.

In the past 7 days No.1 Heavy Melt Steel Scrap rose $0.80 CDN/TON, #2 copper was down $0.22 USD/LBS, Aluminum Extrusion Scrap decreased $0.06 USD/LBS and Zinc Die Cast scrap was negative $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 advanced 4.53% in the past year and over the past 24 months the index has declined 1.18%.



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Friday, 15-Nov-2024 22:00:51 EST - File No: 57