Tag: Middle East scrap market trends

Emirates Steel rolls over rebar prices for April Regulatory tightening amid geopolitical tensions The UAE’s ferrous scrap market remained subdued this week, with buying activity slowing sharply amid the Eid holiday period and broader market uncertainty. The domestic scrap index declined by AED 21/t ($6/t) w-o-w to AED 1,143/t ($311/t) on 18 March with reduced…