Canadian Automotive Recycling Composite Index
The Canadian Automotive Recycling Composite Index tracks the changing market prices of automotive related scrap in Canada.
The Index consists of a weighted basket of specific benchmark grades of
automotive scrap.
The benchmarks include specific grades of scrap aluminum, brass, lead, steel, zinc, batteries and catalytic converters.
The Index includes snapshots of 5 viewpoints of market trends :
the past 7 days, past 30 days, past 90 days, past 1 year and past 2 years.
The Composite Index is updated daily before noon EST and tracks 7 days per week.
Transaction activity on the weekends is typically
lighter; it is not uncommon to see no change reflected in the Index during this time period.
The Composite Index is derived from current spot market prices
originating from the
RecycleXchange Marketplace (RXM). This source of data is
proprietary in nature and may not reflect external markets trends.
To keep current with the market trends, you may visit this website.
The overview of the Composite Index is a free service.