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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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.