Grey Cast Iron Price Trend

Grey Cast Iron Price Trend, Index and Forecast

Track the latest insights on grey cast iron price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Grey Cast Iron Prices Outlook Q3 2025

• USA: USD 2748.69/MT
• China: USD 1405.10/MT
• Germany: USD 3251.22/MT
• India: USD 1306.80/MT
• France: USD 2841.21/MT

Grey Cast Iron Price Chart

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During the third quarter of 2025, the grey cast iron prices in the USA reached 2748.69 USD/MT in September. The prices moderated slightly as increased scrap metal availability and improved domestic pig iron production enhanced feedstock supply. Market conditions were further influenced by industrial activity in the automotive, machinery, and construction sectors. Feedstock availability, particularly pig iron and scrap metal, played a central role in determining foundry operations. Energy and transportation expenses shaped production costs, while scheduled maintenance at several foundries temporarily affected supply continuity. The availability of skilled labor and logistical constraints also impacted overall foundry efficiency.

During the third quarter of 2025, the grey cast iron prices in China reached 1405.10 USD/MT in September. The market was affected by feedstock price fluctuations and variations in foundry utilization rates. Demand from construction, machinery, and automotive sectors shaped production scheduling. Environmental regulations in key industrial regions influenced plant operations and emissions compliance. Transportation bottlenecks and power supply variations affected distribution planning and cost structures. Export-oriented manufacturers managed production cycles based on raw material logistics and overseas demand stability.

During the third quarter of 2025, the grey cast iron prices in Germany reached 3251.22 USD/MT in September. Market dynamics were guided by energy and feedstock trends across Europe. Foundries faced higher production costs due to electricity and natural gas tariffs. Demand from automotive and heavy machinery sectors determined operational consistency. Import reliance on pig iron from Eastern Europe and Asia affected inventory management. Supply chain inefficiencies and rising input costs influenced scheduling and capacity utilization.

During the third quarter of 2025, the grey cast iron prices in India reached 1306.80 USD/MT in September. The market was influenced by strong industrial activity within the automotive components and construction materials sectors. Consistent availability of domestic pig iron supported steady foundry operations. Power tariffs and coal prices contributed to changes in production economics. Logistics performance, particularly rail and port transport, impacted material movement and export coordination. Environmental policies and operational compliance measures guided plant-level planning.

During the third quarter of 2025, the grey cast iron prices in France reached 2841.21 USD/MT in September. Market fundamentals were shaped by feedstock sourcing, energy cost patterns, and steady demand from engineering and machinery industries. Production costs were influenced by labor availability and regional energy tariffs. Import logistics from other EU nations and Asia determined material flow. Refined scrap metal availability and maintenance activity at domestic foundries influenced short-term output management.

Grey Cast Iron Prices Outlook Q2 2025

• USA: USD 3047/MT
• China: USD 1452/MT
• Germany: USD 2991/MT
• India: USD 1350/MT
• France: USD 2700/MT

During the second quarter of 2025, the grey cast iron prices in the USA reached 3047 USD/MT in June. As per the grey cast iron price chart, prices in the USA experienced a notable uptick, rising significantly from the previous quarter. This surge was primarily driven by increased automotive demand, as well as the anticipation surrounding tariff impacts. Buyers, in preparation for potential price hikes linked to tariffs, engaged in forward buying, which further fueled the rise in prices. The automotive industry’s growing needs, alongside a stable construction sector, played a crucial role in sustaining demand for grey cast iron, thereby pushing prices upward.

During the second quarter of 2025, the grey cast iron prices in China reached 1452 USD/MT in June. Prices remained under downward pressure, largely due to persistent oversupply and tepid domestic demand. Inventories remained elevated across mills, compelling producers to maintain competitive export offers in a bid to offload excess material. This sustained export push, however, was met with only lukewarm interest from overseas buyers, particularly in Southeast Asia, where market absorption was limited. On the domestic front, buyers remained hesitant to place new orders, instead adopting a wait-and-see approach amid unclear signals regarding future infrastructure activity or policy stimulus.

During the second quarter of 2025, grey cast iron prices in Germany reached 2991 USD/MT in June. The pricing in Germany saw a notable increase driven by a combination of supply constraints, energy cost escalations, and a positive sentiment within key industrial sectors. One of the primary contributors was the limited local supply of grey cast iron, which put upward pressure on prices. This supply shortfall was partly caused by issues related to raw material availability and logistical bottlenecks. Additionally, the overall production cost rose significantly, further amplifying the price trend.

During the second quarter of 2025, the grey cast iron prices in India reached 1350 USD/MT in June. In India, industrial production and infrastructure projects did not see the expected uptick. As a result, Indian buyers were cautious, preferring to wait for stronger market signals before committing to purchases, further dampening any upward pressure on prices.

During the second quarter of 2025, the grey cast iron prices in France reached 2700 USD/MT in June. Rising energy prices, especially in the context of broader European economic conditions, played a pivotal role in driving up production costs. Similarly, logistical overheads and the scarcity of raw materials, such as scrap metal, affected the French market in a comparable manner. These factors contributed to an overall increase in prices in France, as domestic mills adjusted their price structures to reflect the higher cost environment seen across the region.

Grey Cast Iron Prices Outlook Q1 2025

• USA: US$ 2793/MT
• China: US$ 1491/MT
• Germany: US$ 2790/MT

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the grey cast iron prices.

Europe Grey Cast Iron Price Trend

Q3 2025:

As per the grey cast iron price index, in Europe, market dynamics were guided by energy costs, feedstock supply constraints, and industrial demand from the automotive and machinery sectors. Natural gas tariffs and logistics inefficiencies shaped production planning across Germany, France, and Italy. Import dependency for pig iron and scrap metal from Asia and Eastern Europe influenced supply reliability. Labor availability and regulatory compliance requirements added to production complexity. Foundries across the continent coordinated maintenance schedules and inventory management to ensure operational continuity.

Q2 2025:

In Q2 2025, the price of grey cast iron in Germany saw a notable rise, largely driven by a combination of local supply constraints and increasing production costs. The limited availability of local supply became a significant factor in pushing prices upward, with domestic mills maintaining firm offers to cope with the supply tightness. This scarcity was exacerbated by higher energy input costs and the rising cost of logistics, which added considerable pressure to production costs. The rise in production costs was further supported by ongoing energy inflation and a constrained scrap supply, which made it more difficult for manufacturers to meet demand without driving up prices. These increased costs were felt more acutely in the mechanical and plant engineering sectors, which exhibited strong sentiment, driving demand for grey cast iron. The steady resilience observed in mechanical engineering further fueled the price surge, with the infrastructure sector also contributing to an optimistic demand outlook, despite it being slightly more moderate.

This analysis can be extended to include detailed grey cast iron price information for a comprehensive list of countries.

North America Grey Cast Iron Price Trend

Q3 2025:

As per the grey cast iron price index, in North America, the market was influenced by industrial performance in the automotive, machinery, and infrastructure sectors. Feedstock sourcing from domestic and international scrap suppliers shaped foundry operations. Energy input and labor costs affected operating margins, while transportation inefficiencies influenced distribution scheduling. Maintenance activity across refining and metal recovery units guided material flow and foundry input planning.

Q2 2025:

As per the grey cast iron price index, the rise in prices in North America was attributed to a combination of strong demand and market expectations. The automotive sector played a pivotal role in driving up the demand as increased vehicle sales led to a greater need for this material. Manufacturers and suppliers were also influenced by the anticipation of potential tariff impacts, which drove buyers to engage in forward purchasing in order to secure materials at current prices before tariffs could elevate costs further. Besides, key factors contributing to price hikes also included rising input costs as well as higher prices for coking coal and iron ore, both critical to the production of cast iron. These increases in input costs tightened supplier margins, making it more challenging for manufacturers to maintain profitability without raising prices. This added upward pressure on prices as the increased cost of production was passed on to the market.

Specific grey cast iron historical data within the United States and Canada can also be provided.

Middle East and Africa Grey Cast Iron Price Trend

Q3 2025:

As per grey cast iron price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.

Q2 2025:

The report explores the grey cast iron pricing trends and grey cast iron price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on grey cast iron prices for countries can also be provided.

Asia Pacific Grey Cast Iron Price Trend

Q3 2025:

In the Asia Pacific region, market conditions were shaped by foundry utilization rates, industrial manufacturing activity, and feedstock supply patterns. Automotive and machinery production in China, India, and Southeast Asia were the primary consumption drivers. Feedstock logistics, including pig iron and coke movement, influenced production efficiency. Environmental compliance requirements in China affected plant operating schedules. Power supply reliability and energy tariffs shaped manufacturing cost structures. Export logistics toward Europe and the Middle East were guided by container availability and port congestion levels. Regional coordination between suppliers and distributors was crucial to maintaining steady supply flows and balancing demand between domestic and international markets.

Q2 2025:

In the second quarter of 2025, prices in the Asia-Pacific region, particularly in China, saw a decline driven by a variety of factors, contributing to a softened market. The most notable influence was the domestic oversupply situation in China, which led to a decrease in prices. There was a significant imbalance between production and demand, with oversupply conditions creating downward pressure on prices. The domestic demand remained cautious, especially in key sectors like construction and industrial activities. This uncertainty in local demand further exacerbated the price reduction as mills struggled to find adequate buyers at profitable levels. Besides, there was no substantial recovery in construction activity or industrial orders, leaving the market at a midpoint, where prices remained under pressure.

This grey cast iron price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Grey Cast Iron Price Trend

Q3 2025:

Latin America's grey cast iron market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in grey cast iron prices.

Q2 2025:

Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the grey cast iron price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing grey cast iron pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Grey Cast Iron Price Trend, Market Analysis, and News

IMARC's latest publication, “Grey Cast Iron Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the grey cast iron market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of grey cast iron at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed grey cast iron prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting grey cast iron pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Grey Cast Iron Industry Analysis

The global grey cast iron industry size reached USD 81.59 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 101.89 Billion, at a projected CAGR of 2.38% during 2025-2033. Market growth is driven by increasing demand from the automotive, machinery, and infrastructure sectors. Expanding foundry capacities in Asia, rising investments in heavy equipment production, and steady recovery in the construction industry continue to support long-term market development.

Latest developments in the grey cast iron industry:

• October 2025: Waupaca Foundry, a prominent producer of grey, ductile and austempered ductile iron castings, disclosed that it entered the final stage of a multi-year, over USD 100 million capital investment program to modernize its foundry operations, increase automation, and improve safety. This expansion is targeted at bolstering capacity and competitiveness in grey cast iron production.
   
• August 2022: ArcelorMittal Nippon Steel (AM/NS) India acquired infrastructure assets from the Essar group, a cast iron plate manufacturer in the iron and steel casting sector, for USD 2.4 billion. The acquisition was projected to strengthen AM/NS’s steel production capacity and vertical integration.
   
• November 2021: Charter Manufacturing acquired Aarrowcast Inc., a grey and ductile iron casting manufacturer capable of producing 42,000 tons per year. This acquisition was intended to expand Charter’s metal casting portfolio and broaden its customer reach.

Product Description

Grey cast iron refers to a type of iron that is known for its grey color due to the presence of graphite flakes in its composition. It is one of the most used forms of cast iron owing to its ability to be cast into complex shapes and sizes with a relatively low melting point. Grey cast iron is available in several types, differentiated by their mechanical properties and graphite structures, such as class 20 to class 60, where the number indicates the minimum tensile strength in thousands of pounds per square inch. It is composed of iron, carbon, and silicon, along with traces of manganese, phosphorus, and sulfur.

Grey cast iron is used in various applications, including automotive components, pipes and fittings, machinery bases, agricultural implements, and cookware. It offers numerous benefits, such as cost-effectiveness, good machinability, compressive strength, and compatibility with a wide range of manufacturing processes. Moreover, grey cast iron is lauded for its innate ability to dampen vibrations, resistance to deformation under load, and performance under a wide range of temperatures.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of grey cast iron pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
• The study examines factors affecting grey cast iron price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The grey cast iron price charts ensure our clients remain at the forefront of the industry.