Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Hamilton, Ontario

Hamilton market mirrors August drop

By Bill Beck - September 12, 2018

Hamilton recaptured its reputation as the strongest ferrous scrap market in North America in September when it dropped $18Cdn on prime grades and $23 Cdn on cut grades.
 

Hamilton market slides in August

By Bill Beck - August 15, 2018

After being the strongest ferrous scrap market in North America for much of the late spring and early summer, Hamilton backed off in August and dropped $16 Cdn on prime grades and $25 Cdn on cut grades. Plate and structural grades, which are in plentiful supply in the Province of Ontario and nearby Great Lakes States, were off as much as $33 Cdn. 
 

Hamilton market up in June

By Bill Beck - July 11, 2018

For the third straight month, the Hamilton ferrous scrap market was the strongest in North America. Prime grades in Ontario were up $20 Cdn, while cut grades were up $5 Cdn. Nearby U.S. markets were up $10 on prime grades and sideways on cut grades.
 

Hamilton market up in June

By Bill Beck - June 13, 2018

For the second straight month, the Hamilton ferrous scrap market was one of the strongest in North America. Prime grades in Ontario were up $13 Cdn, while cut grades were up $2 Cdn. That $2 Cdn is just over $1.50 U.S., but that’s $1.50 more than cut grades were attracting in nearby U.S. markets.
 

Hamilton market mixed in May

By Bill Beck - May 16, 2018

The Hamilton market reflected market conditions in nearby U.S. districts, dropping $10 Cdn for most cut grades and increasing $3 Cdn for prime grades. That’s equivalent to $2.30 U.S. for prime grades and $8 for cut grades. In effect, cut grades in the Hamilton market in May gave back the $10 Cdn they went up in April.
 

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