Name: Coronavirus locks down global bulks sector
Brand: Wood Mackenzie
SKU: 127635
Price: 1100 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Insight 06 April 2020

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Over 200 countries are now dealing with the spread of Covid-19. Having ignited in Asia, the virus is raging through the US and much of Europe. India has joined other nations in trying to douse the flames early to maintain some control, and in doing so has thrown the bulks sector into turmoil. The scale and scope of regional and national lock downs is generating unprecedented supply and demand swings. In this insight we try to make some sense of the weeks events, and identify likely impacts on the global bulks sector outside China.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Cost support shifts downward
    </li>

<li class="list__item-toggle">
        <a href="#e1dd8c78-1523-4567-a74f-5bc1dbc3f0ae" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="e1dd8c78-1523-4567-a74f-5bc1dbc3f0ae" aria-expanded="false">
            Steel and iron ore
        </a>
        <ul id="e1dd8c78-1523-4567-a74f-5bc1dbc3f0ae" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        India: integrated steel mill utilisation rates likely at 25-35% during lock down
    </li>
    <li class="push-quarter--bottom">
        Iron ore supply is less affected than demand
    </li>
    <li class="push-quarter--bottom">
        Iron ore prices continue to hold up for now
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#9c898243-d300-4cb3-b491-06122adada88" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="9c898243-d300-4cb3-b491-06122adada88" aria-expanded="false">
            Metallurgical coal
        </a>
        <ul id="9c898243-d300-4cb3-b491-06122adada88" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        India: Metallurgical coal ‘critical’ but imports already slowing
    </li>
    <li class="push-quarter--bottom">
        North American supply cuts have dominated this week
    </li>
    <li class="push-quarter--bottom">
        Potential for large-scale supply shock remains
    </li>
    <li class="push-quarter--bottom">
        Price falls accelerate
    </li>

</ul>
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        <a href="#afcb6e95-48bb-4d2d-90e4-c1687c94ac21" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="afcb6e95-48bb-4d2d-90e4-c1687c94ac21" aria-expanded="false">
            Thermal Coal
        </a>
        <ul id="afcb6e95-48bb-4d2d-90e4-c1687c94ac21" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Supply cuts support prices while demand plummets
    </li>

</ul>
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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
        <li class="list__item push-quarter--bottom">Bulks cost versus price</li><li class="list__item push-quarter--bottom">Power demand change y-o-y: Week Ending 3rd Apr</li>
    </ul>

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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Coronavirus locks down global bulks sector</p>
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