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.
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.