Houston scrap metal prices
November 23, 2020
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.
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.
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Prices as of September 30, 2019
Balanced market conditions lead to strong sideways prices in Nov
By Sean Barry - November 10, 2020
Ferrous scrap prices in North America held largely sideways again in November amid relatively balanced market conditions across most areas of the country, with notable exceptions in Chicago, Cleveland and Youngstown where prices managed to eke out gains.