Author: Bhupesh Agrawal
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India: Pig iron market remains stable in Jul’26 despite weak demand, exports tighten supplies
Exports and maintenance shutdown support prices Auction sentiment improves on tighter spot availability India’s pig iron market remained largely stable in July 2026 despite sluggish downstream steel demand, as robust export bookings, maintenance shutdowns and tight spot availability offset weak domestic consumption. Procurement by steelmakers and foundries remained largely need-based amid the monsoon-led slowdown, while…