Tag: July rebar offers
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UAE: Domestic ferrous scrap eases w-o-w; regional mills follow Emirates Steel’s rebar price hike
Need-based procurement keeps the domestic scrap market under pressure Export restrictions strengthen long-term domestic scrap supply outlook In the UAE’s domestic scrap market, prices edged lower in the week ended 26 June 2026, reflecting subdued buying activity despite supportive policy developments. BigMint assessed HMS (80:20) processed scrap at AED 1,035/t ($282/t) DAP Abu Dhabi, down…