Tag: European HMS spread
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BigMint’s UAE scrap index down $3/t w-o-w on cautious mill inquiries
Major scrap grades see slight price declines Export offers to Pakistan for HMS remain firm BigMint’s UAE domestic processed HMS index fell by AED 12/tonne (t) ($3/t) w-o-w to AED 1,210/t ($329/t) amid moderate buying inquiries from major players. Market highlights As per a Sharjah-based scrap trader, “Scrap offers on a DAP Abu Dhabi basis…