Continuing Iron Age's Century-Long Tradition

Houston scrap metal prices

June 24, 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 April 16, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 247.00 248.00
No. 2 hvy. melting 236.00 237.00
No. 1 busheling 196.00 197.00
Shredded scrap 259.00 260.00
Machine shop turnings 191.00 192.00
Plate and structurals, 5 ft. and under 246.00 247.00
Unstripped motor blocks 235.00 236.00

Market Reports

Soft demand keeps market under pressure in June

By Sean Barry - June 11, 2019

The ferrous scrap market in the United States continued to be pummeled in June in the wake of diminished demand and a lingering oversupply of material, with most grades losing another $30 compared with the month prior.