Continuing Iron Age's Century-Long Tradition

Hamilton, Ontario scrap metal prices

October 15, 2018

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, machine shop turnings, cast iron borings and cast scrap. 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 scrappricebulletin.com.

Hamilton, Ontario
Prices as of August 14, 2017
Brokers' buying prices per net ton on cars, in Canadian dollars Low High
No. 1 hvy. melting 182.00     -
No. 1 dealer bundles 357.00     -
No. 1 busheling 252.00     -
Busheling, unprepared 247.00     -
Shredded scrap 179.00     -
Machine shop turnings 146.00     -
Cast iron borings 166.00     -
Cast scrap 174.00     -

Market Reports

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.