Cast iron exhibits a considerable amount of eutectic in the solid state. This article discusses the structure of liquid iron-carbon alloys to understand the mechanism of the solidification of cast iron. It illustrates the nucleation of the austenite-flake graphite eutectic, austenite-spheroidal graphite eutectic, and austenite-iron carbide eutectic. The article provides a discussion on primary austenite and primary graphite. It also describes the growth of eutectic in cast iron in terms of isothermal solidification, directional solidification, and multidirectional solidification.