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How is the pandemic impacting India’s bulk commodities outlook?

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19 May 2021

How is the pandemic impacting India’s bulk commodities outlook?

Report summary

Growth in Indian steel production and demand has been paused in Q2 2021 due to massive second wave of pandemic. Oxygen crisis in the country has further aggravated the situation impacting the steel production. There are a few risks to domestic iron ore demand and coal imports. Read on to find out more about these issues and our assessment of impact on steel production and raw material demand forecast.

Table of contents

    • Oxygen crisis and low indigenous demand challenge steel industry
    • Thermal and metallurgical coal demand will face short-term pressure

Tables and charts

This report includes 4 images and tables including:

  • Relatively moderate decline in steel and hot metal production
  • Lesser impact on steel consumption and iron ore demand
  • Marginal decline in steel production and iron ore demand for 2021 versus 2019
  • Thermal and metallurgical coal demand facing short-term risks

What's included

This report contains:

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    How is the pandemic impacting India’s bulk commodities outlook?

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