Continuing Iron Age's Century-Long Tradition

Houston scrap metal prices

April 15, 2019
Houston is a broker buying market that is exceptionally positioned for scrap exporting—specifically to Mexico.  While Houston is approximately 360 miles from the Mexican border, the state of Texas itself has 29 official US ports of entry, more than any other state, according to the CBP website. Mexican mills receive a majority of Houston’s scrap material via railway, while Houston docks deal primarily with obsolete scrap exports to international markets such as Turkey. 
 
Scrap Price Bulletin produces steel and iron scrap prices for no. 1 heavy melting, no. 2 heavy melting, no. 1 busheling, shredded scrap, machine shop turnings and plate and structurals, 5 ft. and under.
 
In addition to Houston, Scrap Price Bulletin features weekly price assessments focused on more than 15 major North American ferrous scrap markets. Also included in your paid subscription is online access to pricing analysis in the form of weekly regional market reports. These market reports call attention to specific pricing trends while offering valuable insights into market behaviors.
 

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.

Houston
Prices as of February 5, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 207.00 208.00
No. 2 hvy. melting 196.00 197.00
No. 1 busheling 191.00 192.00
Shredded scrap 219.00 220.00
Machine shop turnings 156.00 157.00
Plate and structurals, 5 ft. and under 206.00 207.00
Unstripped motor blocks 195.00 196.00

Market Reports

Oversupply pushes scrap prices lower in April

By Sean Barry - April 8, 2019

Ferrous scrap prices fell in April as an oversupply of material outweighed the impact of lingering delays on the river network, with prices crumbling anywhere between $20 to $30 per gross ton from last month.