Day: August 4, 2025

The pig iron market — a key input for steelmaking — has been under pressure lately. Prices have dropped by nearly 11% compared to July 2024, despite stable demand from the steel industry. So, what’s dragging the market down ? Let’s take a closer look. Domestic Production Outpaced Demand Pig iron production in India jumped…

Brent crude — the go-to benchmark for oil prices worldwide — has hit a bit of a rough patch this year. As of July 2025, prices are down by around 13% compared to the same time last year. So, what’s behind the dip? It’s not just one thing — it’s a mix of too much…