Tag: UAE National Day impact

UAE: BigMint’s scrap index holds steady w-o-w as domestic market pauses for National Day holiday

Dec 5, 2025

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by

Anshuman

in Melting Scrap, Rebar

UAE market activity to gradually resume post-holiday Market to remain soft in Dec due to year-end slowdown The UAE’s domestic processed HMS prices remained steady w-o-w at AED 1,122/t ($305/t) as of 3 December 2025. Market activity was subdued, and prices held steady due to the domestic shutdown during the UAE National Day holiday. Even…