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.
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.
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.
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.
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.