23
Jun
13:36
ESI to increase local scrap in feedstock mix
Emirates Steel (ESI) has confirmed it intends to purchase over 1 million tonnes/year of scrap from the domestic market to support trade within United Arab Emirates. The firm wants to further raise the proportion of scrap in its feedstock mix, especially after iron ore prices have surged in recent weeks.
ESI says it is committed to purchasing all local scrap according to international prices. This follows UAE’s ban from 15 May of ferrous scrap exports to ensu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous