USA Grey Cast Iron Prices Movement Q2 2026
The Grey Cast Iron Price Trend in the USA reached USD 2,852/MT in Q2 2026. Prices increased moderately as steady demand from automotive, machinery, and infrastructure industries supported procurement. Higher energy and raw material costs raised production expenses, while foundries maintained cautious output amid changing order patterns and inventory management requirements.
China Grey Cast Iron Prices Movement Q2 2026
The Grey Cast Iron price in China reached USD 1,552/MT in Q2 2026. Prices improved slightly as demand from machinery, automotive components, and construction equipment remained supportive. Domestic foundries adjusted production according to requirements, while raw material availability maintained supply balance. Changes in iron ore, coke, and scrap costs influenced pricing.
Germany Grey Cast Iron Prices Movement Q2 2026
The Grey Cast Iron price in Germany reached USD 3,371/MT in Q2 2026. Prices increased moderately as steady demand from automotive manufacturing, engineering, and industrial equipment supported procurement. Higher energy and compliance-related production costs raised foundry expenses, while balanced supply and order-based output adjustments helped maintain stability throughout the quarter.
India Grey Cast Iron Prices Movement Q2 2026
The Grey Cast Iron price in India reached USD 1,407/MT in Q2 2026. Prices increased moderately as improving demand from automotive, construction equipment, and general engineering sectors supported consumption. Domestic foundries maintained steady production, while movements in pig iron, scrap, and raw material costs influenced manufacturing expenses and supplier pricing.
France Grey Cast Iron Prices Movement Q2 2026
The Grey Cast Iron price in France reached USD 3,023/MT in Q2 2026. Prices recorded a moderate increase as stable demand from automotive suppliers, machinery, and engineering applications supported procurement. Foundries managed higher energy and raw material costs, while cautious purchasing and orders kept supply-demand conditions balanced during the quarter.
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Grey Cast Iron Prices, Trend, Index & Outlook – Q2 2026
What is Grey Cast Iron?
Grey Cast Iron is an iron-carbon alloy in which carbon is primarily present in the form of graphite flakes, giving the material its characteristic grey appearance when fractured. It is valued for its excellent castability, machinability, vibration damping, wear resistance, and compressive strength.
Grey cast iron is widely used for manufacturing automotive engine blocks, brake components, machine bases, pipes, pumps, compressors, housings, construction equipment, and industrial machinery components. Its combination of durability, cost efficiency, dimensional stability, and ease of machining makes it an important material across automotive, engineering, construction, and heavy industrial applications.
Latest Grey Cast Iron Prices – Q2 2026
During Q2 2026, grey cast iron prices increased moderately across the major markets tracked by IMARC. The USA reached USD 2,852/MT, China USD 1,552/MT, Germany USD 3,371/MT, India USD 1,407/MT, and France USD 3,023/MT in June.
Grey Cast Iron Price Trend in Q2 2026
USA
The Grey Cast Iron price in the USA reached USD 2,852/MT in June 2026. The market recorded a moderate increase, supported by steady demand from automotive, machinery, and infrastructure-related industries. Higher energy and raw material expenses raised manufacturing costs, while foundries maintained cautious production strategies amid changing order patterns and inventory management requirements.
China
The Grey Cast Iron price in China reached USD 1,552/MT in June 2026. Prices improved slightly as demand from machinery, automotive components, and construction equipment remained supportive. Domestic foundries adjusted production according to downstream requirements, while adequate raw material availability maintained market balance. Iron ore, coke, and scrap costs influenced producer pricing strategies.
Germany
The Grey Cast Iron price in Germany reached USD 3,371/MT in June 2026. Prices increased moderately due to consistent demand from automotive manufacturing, engineering, and industrial equipment sectors. European foundries continued facing higher operational expenses, particularly energy and compliance-related costs. Balanced supply and order-based production adjustments helped maintain market stability.
India
The Grey Cast Iron price in India reached USD 1,407/MT in June 2026. The market recorded a moderate increase as automotive, construction equipment, and general engineering sectors generated steady demand. Domestic foundries maintained consistent production, while movements in pig iron, scrap, and other raw material costs influenced manufacturing expenses and supplier quotations.
France
The Grey Cast Iron price in France reached USD 3,023/MT in June 2026. Prices rose moderately as stable demand from automotive suppliers, industrial machinery producers, and engineering applications supported procurement. Foundries continued managing higher energy and raw material costs, while cautious purchasing patterns and changing industrial orders maintained balanced supply-demand conditions.
Grey Cast Iron Price Index and Supply Analysis
The Grey Cast Iron price index is influenced by the cost and availability of pig iron, iron scrap, coke, energy, alloying materials, transportation, and foundry capacity. During Q2 2026, the index showed a moderate upward movement across major markets as industrial demand remained stable and producers managed output according to customer requirements.
In Asia Pacific, China and India remained important production and consumption centers. In Europe, higher energy and compliance-related expenses continued influencing foundry economics. North American pricing was supported by automotive, machinery, and infrastructure requirements.
Iron scrap is another important input for foundries. IMARC reported Q2 2026 iron scrap prices of USD 343/MT in the USA, USD 350/MT in Japan, USD 278/MT in Germany, USD 367/MT in France, and USD 434/MT in India, with steady steel-industry procurement supporting the market.
Factors Affecting Grey Cast Iron Prices
- Automotive Industry Demand
Automotive manufacturing is a major consumer of grey cast iron, particularly for engine blocks, brake components, housings, and other cast components. Changes in vehicle production directly influence foundry orders.
- Machinery and Engineering Activity
Demand from industrial machinery, machine tools, pumps, compressors, and heavy equipment can significantly affect grey cast iron procurement.
- Infrastructure and Construction
Infrastructure projects support demand for machinery, pumps, pipes, construction equipment, and other cast components, strengthening consumption during periods of higher project activity.
- Pig Iron and Scrap Costs
Pig iron and scrap are important raw materials for grey cast iron production. Changes in their prices can directly affect foundry production costs and supplier quotations.
- Energy Costs
Grey cast iron production is energy intensive. Electricity, natural gas, coke, and other energy inputs influence melting and processing expenses.
- Foundry Utilization Rates
Changes in production schedules, maintenance shutdowns, capacity utilization, and order books can alter regional supply availability.
- Transportation and Logistics
Freight rates, port conditions, rail availability, trucking expenses, and delivery times influence the landed cost of cast iron and its raw materials.
- Environmental Regulations
Environmental standards governing foundry emissions, energy efficiency, waste management, and production processes can increase operating and compliance costs.
Grey Cast Iron Supply and Demand Dynamics
Supply Side
Grey cast iron supply depends on foundry capacity, raw material availability, energy costs, production schedules, labor availability, and logistics. During Q2 2026, major producing regions maintained relatively balanced supply while adjusting production according to downstream requirements.
In China, adequate raw material availability and controlled foundry output helped maintain market balance. In Europe, energy and compliance costs remained important considerations for producers, while North American foundries adjusted output in line with automotive, machinery, and infrastructure orders.
Demand Side
Demand remained supported by automotive manufacturing, industrial machinery, engineering, construction equipment, and infrastructure-related applications. Automotive and machinery sectors were particularly important in the USA, Germany, China, India, and France.
In India, improving demand from automotive, construction equipment, and general engineering applications supported consumption. Germany benefited from stable automotive and engineering demand, while China recorded supportive requirements from machinery, automotive components, and construction equipment.
Latest Grey Cast Iron Market News – 2026
The global grey cast iron industry continues to benefit from automotive production, infrastructure development, industrial machinery demand, and the broader requirement for durable cast components.
IMARC estimates that the global grey cast iron industry reached approximately USD 83.5 billion in 2025 and is projected to reach USD 103.0 billion by 2034, representing a CAGR of 2.28% during 2026–2034. Growth is associated with automotive production, engine and machinery castings, infrastructure development, construction, agricultural equipment, and heavy industrial manufacturing.
A notable industry development reported by IMARC was Waupaca Foundry's multi-year investment program exceeding USD 100 million, aimed at modernizing foundry operations, increasing automation, and improving safety and production competitiveness.
The wider ferrous raw-material environment also remained important. In September 2026, Reuters reported that Indian steel prices had reached a four-year high amid stronger post-monsoon infrastructure and automotive demand and higher coking-coal costs. These developments can influence the broader cost environment for metal-processing and foundry industries.
Current Grey Cast Iron Demand
Current demand for grey cast iron is primarily driven by:
- Automotive engine and brake components
- Industrial machinery
- Construction equipment
- Pumps and compressors
- Machine bases and housings
- Agricultural machinery
- Infrastructure equipment
- Pipes and industrial components
The material remains attractive for applications requiring good machinability, vibration absorption, wear resistance, and economical large-scale casting.
Future Grey Cast Iron Demand
Future demand is expected to remain connected to automotive manufacturing, industrial automation, construction equipment, infrastructure investment, agricultural machinery, and general engineering activity.
The expansion of manufacturing capacity in emerging economies can provide additional consumption opportunities, particularly where industrial machinery and infrastructure projects are developing. At the same time, foundries are increasingly focusing on automation, energy efficiency, process optimization, emissions management, and advanced casting technologies.
The global industry is projected by IMARC to grow from USD 83.5 billion in 2025 to USD 103.0 billion by 2034, indicating continued underlying demand for grey cast iron products.
Previous Year Grey Cast Iron Price Comparison
The Q2 2026 benchmarks can be compared directly with IMARC's Q2 2025 figures:
The year-on-year comparison shows different regional pricing dynamics. The USA benchmark was lower than Q2 2025, while China, Germany, India, and France recorded higher Q2 2026 values. IMARC attributed the Q2 2025 movements to factors including automotive demand, tariffs and forward buying in the USA, oversupply and cautious demand in China, and energy, logistics, and supply conditions in European markets.
Q2 2026 vs Q1 2026 Price Comparison
All five tracked markets recorded modest quarter-on-quarter increases during Q2 2026.
Grey Cast Iron Price Outlook 2026
The grey cast iron price outlook for 2026 will remain closely connected to automotive production, machinery demand, infrastructure activity, pig iron and scrap costs, energy expenses, foundry utilization, and logistics conditions.
The Q2 2026 market showed moderate price increases across the five major benchmarks, suggesting that steady downstream demand and production costs continued to influence supplier quotations. However, regional differences in raw-material availability, energy prices, industrial activity, and foundry capacity are expected to produce varied pricing conditions.
For buyers and manufacturers, monitoring scrap and pig iron prices, automotive production schedules, infrastructure investment, energy costs, and foundry operating rates will remain important for understanding future grey cast iron price movements.
Major Uses of Grey Cast Iron
Grey cast iron is widely used in:
- Automotive components – Engine blocks, cylinder heads, brake components, and housings.
- Industrial machinery – Machine bases, frames, housings, gears, and structural components.
- Pumps and compressors – Casings and components requiring strength and vibration damping.
- Construction equipment – Components for heavy-duty machinery and equipment.
- Agricultural machinery – Housings, machine components, and structural castings.
- Pipes and fittings – Selected industrial and infrastructure applications.
- Power equipment – Components requiring dimensional stability and wear resistance.
- General engineering – Custom castings requiring machinability and cost-efficient production.
Most Asked FAQs About Grey Cast Iron
- What is Grey Cast Iron?
Grey cast iron is an iron-carbon alloy containing graphite flakes that give it a characteristic grey appearance. It offers good castability, machinability, vibration damping, and wear resistance.
- What was the Grey Cast Iron price in Q2 2026?
In Q2 2026, prices reached USD 2,852/MT in the USA, USD 1,552/MT in China, USD 3,371/MT in Germany, USD 1,407/MT in India, and USD 3,023/MT in France.
- What industries use Grey Cast Iron?
Major consuming industries include automotive, machinery, construction, infrastructure, agriculture, engineering, pumps and compressors, and industrial equipment manufacturing.
- What factors affect Grey Cast Iron prices?
Key factors include pig iron and scrap prices, energy costs, automotive demand, machinery production, infrastructure activity, foundry capacity, labor, transportation, and environmental compliance costs.
- Why is Grey Cast Iron widely used?
Its good machinability, castability, vibration damping, wear resistance, compressive strength, and relatively economical production make it suitable for numerous industrial components.
- Is Grey Cast Iron recyclable?
Yes. Cast iron products can be recycled by melting and incorporating suitable recovered metal into new castings, making scrap availability an important part of foundry supply economics.
- What is the future demand outlook for Grey Cast Iron?
Future demand is expected to remain associated with automotive manufacturing, machinery, construction equipment, infrastructure, agricultural equipment, and industrial engineering applications. IMARC projects the global industry to reach USD 103.0 billion by 2034.
- What is the difference between Grey Cast Iron and Steel?
Grey cast iron generally contains more carbon and graphite flakes, providing excellent castability and vibration damping. Steel has lower carbon content and generally offers greater ductility and toughness, depending on its grade and processing.
Key Takeaway
Grey Cast Iron prices recorded moderate increases across the major markets during Q2 2026. Prices reached USD 2,852/MT in the USA, USD 1,552/MT in China, USD 3,371/MT in Germany, USD 1,407/MT in India, and USD 3,023/MT in France.
The market remained supported by automotive, machinery, engineering, construction equipment, and infrastructure demand, while pig iron, scrap, energy, logistics, and foundry operating costs continued shaping regional price conditions. The global industry's projected growth through 2034 indicates continued relevance of grey cast iron across automotive and industrial manufacturing applications.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Grey Cast Iron Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2026 Edition,” presents a detailed analysis of Grey Cast Iron price trend, offering key insights into global Grey Cast Iron market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Grey Cast Iron demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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