Tag: UAE: Ferrous scrap index inches up by $1/t w-o-w; rebar tags fall amid Ramadan slowdown

Saudi flat steel prices drop as demand weakens Market restocking likely to happen after Ramadan The UAE’s domestic ferrous scrap index edged up by AED 4/t ($1/t) w-o-w, with prices rising early in the week before a mid-week dip. Trades were reported at AED 1,220/t, but market activity slowed with the onset of Ramadan. BigMint‘s…