Tag: Eid holiday scrap demand

BigMint’s UAE ferrous scrap index inches down by $1/t w-o-w; major mill rolls over rebar tags

Mar 28, 2025

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by

Anshuman

in Melting Scrap

Eid holidays may curb scrap demand next week Rebar tags firm in UAE, Saudi for Apr deliveries The UAE’s domestic scrap market saw mixed trends with slight price fluctuations, with some grades seeing marginal increases while others remained stable or softened. BigMint‘s domestic HMS processed scrap index inched down by AED 3/t ($1/t) w-o-w to…