Tag: UAE rebar prices
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Scrap prices in the UAE rise by $4/t w-o-w on firm export demand
Pakistan’s buying offsets muted domestic scrap demand Selective restocking limits near-term price upside Scrap prices in the UAE edged up modestly in the week ended 6 February, rising by around AED 13/t ($4/t) w-o-w, supported by firm export demand, particularly from Pakistan. Despite the uptick, trading activity remained subdued. Last heard, levels were at around…