Tag: HMS 80:20 spread

Mills cautious amid high inventories, slow domestic offtake Export interest steady but limited to selective buyers BigMint’s UAE domestic processed HMS index down by AED 20/t ($5/t) w-o-w to AED 1,170/t ($319/t). Price levels slipped further from previous weeks, with offers heard around AED 1,160/t ($316/t) for HMS and AED 1,230/t ($335/t) for shredded scrap.…