Insight

Coronavirus strangles India’s bulk commodities growth

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03 April 2020

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

    • 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:

  • Document

    Coronavirus strangles India’s bulk commodities growth

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