Tag: HMS 80:20 UAE

UAE: Domestic scrap index inches up $1/t w-o-w amid firm import interest from Pakistan

Jul 25, 2025

—

by

Anshuman

in Melting Scrap

Export offers to Pakistan firm; domestic sales remain slow GCC billet market steady; buyers sceptical of hikes in Far East BigMint’s UAE domestic processed HMS index rose by AED 4/tonne (t) ($1/t) w-o-w to AED 1,201/t ($327/t), supported by firm export offers to Pakistan, though buying interest from domestic steelmakers remained limited. The UAE domestic scrap…