Tag: ferrousmarket
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UAE: Domestic ferrous scrap index sees slight uptick of $3/t w-o-w; exports outlook uncertain
Slowed Indian, Pak demand hits UAE export Domestic mills drop Nov scrap purchase prices UAE’s domestic ferrous scrap index witnessed a slight uptick of $3/tonne (AED 12/t) w-o-w, increasing by $6/t (AED 23/t) from earlier in the week, followed by a drop of $3/t (AED 12/t). The slowdown in export demand contributed to the price…