Tag: India: Pig iron prices near 5-year low in Oct’25

Auction bids, spot prices rise in early Nov’25 Persistent supply glut may limit price gains India’s pig iron market recorded a sustained depression in H1FY’26, with steel-grade prices in Durgapur approaching a five-year low of INR 31,600/tonne (t) exw in October 2025, due to a persistent gap between supply and demand. However, with India entering its…