Staying informed about the latest ferrous scrap metal prices is crucial for businesses and individuals involved in the recycling and metal industries. As of early April 2025, the following are the prevailing prices for various ferrous scrap metals in Texas:
| Material | Price (USD) | Unit | Date |
|---|---|---|---|
| Vehicle Scrap | $8.00 | per 100 lb | Apr 7, 2025 |
| Steel/Tin Scrap | $8.00 | per 100 lb | Apr 7, 2025 |
| Long Iron Scrap | $8.00 | per 100 lb | Apr 7, 2025 |
| Short Iron Scrap | $8.00 | per 100 lb | Apr 7, 2025 |
Source: Eastex Recycling
Recent Market Trends
Recent reports indicate a stabilization in ferrous scrap metal prices. After a period of increases earlier this year, several factors suggest that bids from domestic mills and overseas buyers are unlikely to rise further in April. (recyclingtoday.com)
Regional Variations
It's important to note that scrap metal prices can vary significantly across different regions and facilities. For instance, as of April 7, 2025, Eastex Recycling in Livingston, Texas, reported uniform pricing of $8.00 per 100 pounds for various ferrous materials.
National Averages
On a national level, the median price for iron and steel scrap in the United States was reported at $276 per ton as of April 7, 2025. (metaloop.com)
Factors Influencing Prices
Several elements influence ferrous scrap metal prices, including:
Supply and Demand: An oversupply or reduced demand can lead to price decreases.
Global Trade Policies: Tariffs and trade agreements can impact export and import dynamics, affecting domestic prices.
Economic Indicators: The overall health of the economy, industrial production levels, and construction activity can influence scrap metal demand and pricing.
Recommendations for Sellers
Given the current market conditions, sellers are advised to:
Monitor Market Trends: Stay updated with the latest price reports and market analyses.
Consult Local Yards: Reach out to nearby scrap yards for specific pricing, as rates can differ based on location and facility.
Consider Timing: Evaluate whether to sell immediately or hold onto the material, depending on anticipated market movements.
By staying informed and proactive, individuals and businesses can make strategic decisions to optimize their returns in the ferrous scrap metal market.
