Tag: South Asia scrap restocking

BigMint’s UAE scrap index inches down by $2/t w-o-w on weak export demand

Sep 26, 2025

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by

Anshuman

in Melting Scrap

Pakistani buyers expect more activity after slow week Market eyes Oct’25 scrap purchase prices of major mills BigMint’s UAE domestic processed HMS index slipped AED 7/t ($2/t) w-o-w to AED 1,201/t ($327/t). Domestic scrap prices continue to face pressure amid weak export demand from India and Pakistan. The market is awaiting two major steelmakers’ (EMsteel…