Author: Harshit Tiwari
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India’s pig iron prices slip to 4-year low in May’25; bear run to persist
Production expands 70% from FY’21, outpaces demand Exports plunge 52% in 4 years to 0.5 mnt in FY’25 Weakness in finished steel tags percolates upstream Morning Brief: India’s steel-grade pig iron prices sank to a four-year low in Durgapur in May 2025. Price tags plunged INR 2,200/t m-o-m to a monthly average of INR 32,900/tonne…