Insight
Coronavirus strangles India’s bulk commodities growth
Report summary
India is under a three-week lockdown from 25 March 2020 to contain the spread of the coronavirus outbreak. Non-essential travel is banned, and people are confined to their homes. Businesses are shut, and the supply chain is disrupted. Industries are either closed or operating at sub-optimal utilisation. In this insight, we try to gauge the impact of supply chain disruption, limited workforce availability and a slowing demand on the steel, iron ore and coal sectors in India.
Table of contents
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Executive summary
- Steel industry face challenges from supply chain disruptions, limited workforce and low demand
- Iron ore mining and agglomeration, both slows down
- Imported metallurgical coal to decline as limited domestic supply continues
- Thermal coal demand faces pressure from both power and non-power as industrial production comes to a halt
Tables and charts
This report includes 5 images and tables including:
- India's iron and steel production slows down
- Extended lockdown to hit sponge iron harder
- Iron ore demand and met coal imports to decline strongly
- 25-30% reduction in power generation during the lockdown
- Sharper decline in thermal coal imports as production remains strong
What's included
This report contains:
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