Tag: Scrap prices in the UAE rise by $17/t w-o-w on firm export demand
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Scrap prices in the UAE rise by $17/t w-o-w on firm export demand; upside limited ahead of Ramadan
UAE scrap exports firm on Pakistan demand Domestic trade thin amid higher price levels Scrap prices in the UAE edged higher, as assessed on 13 February, increasing by approximately AED 63/t ($17/t) w-o-w, supported by firm export demand. Buying interest from Pakistan remained particularly strong, as market participants continued restocking ahead of Ramadan. The imported…