Houston is a lot of things: The fourth largest city in the US, a global energy hub, a diverse place with vibrant food and culture, NASA's base of operations and, lest we forget, hot, humid and stubbornly hurricane-prone.

And considering all of the above, it also generates a lot of ferrous scap. But for all the things Houston is, it is not a steelmaking region, meaning ferrous scrap moves out of the area – not in. That's key to understanding what pricing references are suitable when buying or selling ferrous scrap in Houston.

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