Continuing Iron Age's Century-Long Tradition

Hamilton, Ontario scrap metal prices

January 27, 2020

Hamilton is central to Canada’s steel manufacturing market and is a key city for Canada’s ferrous scrap market. Scrap Price Bulletin produces steel and iron prices for no. 1 heavy melting, no. 1 dealer bundles, no. 1 busheling, busheling unprepared, shredded scrap and machine shop turnings. Hamilton’s prices are reported as broker buying market. To learn more about broker buying prices, refer to Scrap price Bulletin’s methodology.

Scrap Price Bulletin reporters assess pricing in 18 major markets in the North American ferrous scrap markets each week, talking to a broad sample of market participants involved in the buying and selling of steel and iron scrap. In addition to material pricing, every month, Scrap Price Bulletin publishes a regional market reports for Hamilton that details specific transactions and viewpoints in each region. Hamilton’s market report and pricing are reported in Canadian dollar and often compare currency fluctuations to the US dollar.

Geographically nearby, Chicago, Cleveland and Detroit are also covered in depth by Scrap Price Bulletin’s reporters for pricing and regional market reports giving you a complete view of the US Northern Midwest and Canadian scrap markets as they often relate to each other. 

Fastmarkets SPB publishes more than 50 steel and iron scrap price grades and reports on 18 major North American ferrous scrap markets.  Click here to visit the about our prices page or to find additional steel scrap terms, visit the glossary page.

Fastmarkets SPB is a weekly subscription service for steel and iron scrap prices.

Subscribers benefit from regional scrap prices for Birmingham, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Detroit, Hamilton, ON, Houston, Los Angeles, New York, Philadelphia, Pittsburgh, San Francisco, Seattle-Portland, South Carolina,  St. Louis, and Youngstown assessed every week.  To see a sample price sheet, download a sample issue below or take out a free trial to experience

Hamilton, Ontario
Prices as of November 19, 2018
Brokers' buying prices per net ton on cars, in Canadian dollars Low High
No. 1 hvy. melting 228.00     -
No. 1 dealer bundles 405.00     -
No. 1 busheling 300.00     -
Busheling, unprepared 295.00     -
Shredded scrap 179.00     -
Machine shop turnings 147.00     -
Cast iron borings 147.00     -
Cast scrap 223.00     -

Market Reports

Detroit, Ontario markets up sharply for third straight month

By Bill Beck - January 13, 2020

After months of crushing $30 and $40 per gross ton price drops, the Detroit and Ontario markets have bounced back to a very bullish position. When Bluescope Delta announced last week it was buying ferrous scrap across the board at a $30 premium to December prices, it was the third straight month the two North American Great Lakes markets have registered double digit price increases.