Scrap Steel up $0.42 CDN/TON
Wednesday January 15, 2025
Mixed Scrap Steel (HMS1) rose $0.42 CDN/TON over the past 30 days. Prices decreased $0.31 CDN/TON yesterday from the previous day. In the past 90 days HMS1 has declined $1.15 CDN/TON.
In the longer term overview we see that Mixed Steel has decreased $27.80 CDN/TON over the past year and overall fell $14.46 CDN/TON over a 2 year period.
In the past 7 days No.1 Heavy Melt Steel Scrap rose $1.84 CDN/TON, #2 copper was up $0.06 USD/LBS, Aluminum Extrusion Scrap increased $0.04 USD/LBS and Zinc Die Cast scrap was unchanged.
The Canadian Scrap Metals Index which includes scrap steel as well as 5 other benchmark grades of scrap metals including non-ferrous,
has advanced 8.37% in the past year and over the past 24 months the index has declined 2.52%.
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