Tag: UAE: Domestic scrap prices increase by $1/t w-o-w

Domestic scrap prices in the UAE increased by $1/t (AED 2-5/t) this week amid a fluctuating market trend. According to BigMint’s bi-weekly assessment, HMS (80:20) processed grade rose to AED 1,332-1335/t ($363-364/t) DAP Abu Dhabi. Buyers are placing bids at AED 1,300/t($354/t). Offers were heard at AED 1,340/t ($365/t) witnessing a gap in bid-offer disparities.…