Houston scrap metal prices
April 5, 2021
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.
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Prices as of February 3, 2020
Scrap prices rebound in March on supply deficit
By Sean Barry - March 8, 2021
North American ferrous scrap prices rebounded in March on a supply shortage driven by a combination of severe winter weather and a continuing deficit of silicon chips that is slowing down North American automotive production.