Study of impact and opportunities post Covid-19 for steel industry in key consuming segments in Indian

Abstract

In the past, the world has seen many pandemics but never like COVID-19. This unprecedented disease, which is claimed to be originated from Wuhan (China), has left the world completely appalled. The exponentially growing curve of deaths of COVID-19 patients has forced the world to go in an undefined lockdown period to make sure the practice of social distancing in the absence of a potential vaccine for the same. We are not in a state to stop the repercussions of the shutdown on the world economy. Likewise, the Indian economy has also been shattered due to two months long lockdown. Almost every Industry present in India has been affected sternly, signifying a recession like never before. The steel industry is said to be the nitty-gritty of the economy of a country. The impact of lockdown on the steel industry reflects how the economy is going to respond to the disruptions due to lockdown. The correct understanding of impact will help determine steps to mitigate it and design the revival of the sector and, ultimately, the economy. The author strives to model the impact of COVID-19 on the Steel industry statistically and map the same opportunities.

Imprint

Anjali Jha, Komal Chopra. Study of impact and opportunities post Covid-19 for steel industry in key consuming segments in Indian. Cardiometry; Issue 23; August 2022; p.649-659; DOI: 10.18137/cardiometry.2022.23.649659; Available from: https://www.cardiometry.net/issues/no23-august-2022/study-impact-opportunities-post