Tag: UAE: Domestic scrap prices rebound by over $15/t w-o-w amid better inquires from steelmakers

UAE scrap prices rise following new rebar offers from Emirates Steel Arkan Comparatively better demand in the construction sector is expected to support rebar sales This week, domestic scrap prices in the UAE recovered by $18-20/tonne (AED 70-75/t) post rebar offer price declaration from a major steelmaker. As per buyer sources, HMS sheared interested price…