Tag: UAE Steel industry

BigMint’s UAE scrap index declines by $3/t w-o-w

Oct 10, 2025

—

by

Anshuman

in Melting Scrap

Rebar price stability supports mill purchases Trade volumes for key grades remain modest BigMint‘s UAE domestic processed HMS index slipped AED 11/t ($3/t) w-o-w to AED 1,185/t ($323/t). An Abu Dhabi-based mill source said, “Processed HMS is at AED 1,190/t ($324/t), shredded at AED 1,260/t ($343/t), and PNS at AED 1,200/t ($326/t). Workable levels are…