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 up again in December

By Bill Beck - December 12, 2018

For the third straight month, prices in Hamilton were up. But after increasing more than $30 Cdn in October and November, prices for prime grades were up $4 Cdn for prime grades and $5 Cdn for cut grades.
 

Hamilton market up strong in November

By Bill Beck - November 14, 2018

After prices for prime grades increased $13 Cdn and $5 Cdn for cut grades in October, the Hamilton market followed with a strong November. Prices for the month were up $18 Cdn for prime grades and $28 Cdn for cut grades, with shredded trading at a $30 Cdn premium to October prices. That’s equivalent to $10 U.S. for prime grades and $21 U.S. for cut grades, slightly more than the $10 for prime grades and $20 for cut grades being paid by nearby U.S. mills.
 

Hamilton market up in October

By Bill Beck - October 10, 2018

 
Predictions for the Hamilton market were that ferrous scrap prices in Ontario would be up in October, in line with expected price increases in nearby U.S. markets. But when the market settled last Friday in advance of the three-day Canadian Thanksgiving Holiday, price increases were actually weaker than in Detroit, Cleveland or Pittsburgh.
 

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. 
 

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