Tag: steel trade flows UAE
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UAE: Ferrous scrap price firms on regional demand; logistics remain a concern
Processed HMS scrap rises w-o-w despite a stable domestic market High freight costs limit ferrous scrap export opportunities The UAE ferrous scrap market remained firm the week ending on 12 Jun’26, supported by improving regional sentiment and ongoing supply chain challenges, although domestic trading activity was largely stable. BigMint assessed HMS (80:20) processed scrap at…