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Hamilton, Ontario Prices

Market Reports > Detroit,  Market Reports > Hamilton, Ontario

Markets in Detroit, Ontario continue to fall

By Bill Beck - June 11, 2019

The relentless downward pressure on ferrous scrap markets has pushed prices in Detroit and nearby Hamilton down $70 to $80 in just the past two months. A market that appeared at Memorial Day to be sideways to maybe even up a little bit quickly deteriorated in the last week of May and into the first week of June. When settlement was finally reached in the middle of last week, prices were off $30 across the board in Detroit, and $37 net ton CDN in nearby Ontario.
 

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