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India: Pig iron prices fall in May26 amid weak demand, supply constraints limit downside

Source: BigMint Jun 04, 2026 08:48

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Durgapur pig iron prices falls nearly 5% m-o-m. Exports and supply tightness supported market fundamental. Softer substitutes weigh on buying sentiment

India's pig iron market remained under pressure in May 2026, with prices correcting across key regions amid weak downstream steel demand and cautious procurement activity. However, the decline remained measured as supply-side constraints, export commitments, and elevated production costs prevented a steeper fall. The Durgapur steel-grade pig iron prices declined

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