Indian steel grade pig iron prices hit a 4-month high in Aug'26 on strong export bookings

Source: BigMint Sep 02, 2026 08:46

India's pig iron exports triple y-o-y in Jan-Jul'26, tightening spot supply. Higher met coke, coking coal prices increase pig iron production costs

Indian steel-grade pig iron prices strengthened through August, with Durgapur benchmark rising by around INR 800/t m-o-m to INR 38,600/t from INR 37,800/t in July. Prices continued to firm through the month, climbing from INR 38,400/t on 1 August to INR 39,500/t by 29 August, the highest level seen

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