The UAE scrap market has shown resilience in recent weeks, maintaining price stability despite the global economic turmoil. While some grades experienced small increases, the overall market remained stable, reflecting stable demand and supply dynamics.
The latest data shows that prices of mixed LMS, pure LMS and HMS grades have increased slightly and demand for these materials has been stable.
Mixed LMS is currently priced between AED 860 and AED 900 per tonne, while Pure LMS ranges between AED 1,030 and AED 1,050 per tonne. HMS 80:20 is trading between AED 1,125 and AED 1,135 per ton, while HMS 90:10 (HMS Super) is priced between AED 1,150 and AED 1,170 per ton. HMS Sheared (Treated) remains stable at AED 1,200 per tonne. PNS is priced at AED 1,180 per ton, with an additional AED 45 per ton for the sheared variant. Fabricated scrap is valued between AED 1,220 and AED 1,240 per tonne, while End-cut D-bar leads the price range with AED 1,300 to 1,310 per tonne. These prices reflect the strong and stable demand for scrap materials in the region.
Slight increases in the Mixed LMS, Pure LMS and HMS categories indicate strong market activity, supported by steady demand from the construction, manufacturing and recycling sectors.
Prices are as follows;
| Scrap Category | Price Range (AED / ton) |
|---|---|
| Mixed LMS | 860 - 900 |
| Pure LMS | 1,030 - 1,050 |
| HMS 80:20 | 1,125 - 1,135 |
| HMS 90:10 (HMS Super) | 1,150 - 1,170 |
| HMS Sheared (Processed) | 1,200 |
| PNS | 1,180 + 45 for the sheared |
| Fabrication | 1,220 - 1,240 |
| End-cut D-bar | 1,300 - 1,310 |
Price excluding 5% VAT.
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