Fertilizers, Steel, Cement, and Electricity. How these sectors performed in April 2020.

Fertilizers:

The Fertilizers production observed a fall of 4.5% YoY to 2,748 thousand tones in April 2020. The price of UREA in April 2020 stood at USD $262/MT vs. at USD $248/MT in April 2019. Price of DAP in April 2020 stood at USD $393/MT vs. at USD $424/MT in April 2019. The price of MOP in April 2020 stood at USD $290/MT vs. at USD $240/MT in April 2019.The production of UREA in April 2020 stood at 18.25 LMT vs. 16.51 LMT in April 2019. The estimated target was 17.67 LMT. The imports in April 2020 was observed at 3.40 LMT vs. 1.75 LMT in April 2019. The availability of UREA in April 2020 stood at 25.89 LMT. However, the sales were observed at 20.24 LMT in April 2020 vs. 15.96 LMT in April 2019. The production of DAP in April 2020 stood at 2.60 LMT vs. 4.18 LMT in April 2019. The estimated target was 2.45 LMT. The import in April 2020 observed at 2.62 LMT vs. 5.38 LMT in April 2019. The availability of DAP in April 2020 stood at 12.09 LMT, however, the sales were observed at 6.95 LMT in April 2020 vs. 3.56 LMT in April 2019.

Steel:

The Crude steel production stood at 2.752 MT in April 2020 vs. 9.021 MT in April 2019 with a fall of 69.5%. The Finished steel production stood at 1.346 MT in April 2020 vs. 8.753 MT in April 2019 with a fall of 84.6%. The consumption of steel witnessed a fall of 90.9% at 0.699 MT in April 2020 vs. 7.691 MT in April 2019. The Imports of Finished Steel stood at 407 thousand tones in April 2020 vs. 619 thousand tones in April 2019 with a decline of 34.3%. The Export of Finished Steel stood at 429 thousand tones in April 2020 vs. 516 thousand tones in April 2019 with a decline of 16.8%. The total sales turnover of steel from PSU unit in April 2020 from SAIL stood at 855 MT vs. 4537 MT with a fall of 81.2%. For RINL, in April 2020 it stood at 281 MT vs. 993 MT in April 2019 with a fall of 71.7%. For NMDC in April 2020, it stood at 400 MT vs. 750 MT in April 2019 with a fall of 46.7%. For MOIL in April 2020, it stood at 34.47 MT vs. 55.31 MT in April 2019 with a fall of 37.7%.

Cement:

The cement sector production stood at 4,077 thousand tons with a decline of 86% in April 2020. It observed a fall of 25.08% compared to the preceding month. The yearly Index for fiscal year 2020 stood at 145.7 vs. 147 in FY19. Some insights of cement sectors is that India is on the 2nd position in production of cement all over the globe as of 31st December 2019. Cement production in FY20 amounted to 334.48 MT. The capacity of cement production is projected to reach 550 MT by 2020. 98% of the overall capacity is from the private sector and the rest from the public sector. Around 70% of India’s total cement output is produced by the top 20 firms. Forecast noted the cement industry will meet the demand of 550-600 MT annually by 2025 as a result of the growing demands from different divisions, such as residential, commercial, and industrial construction.

Electricity:

The Total Electricity generation in April 2020 stood at 81,538.34 GWH vs. 1,09,263.44 in April 2019 with a decline of 25%. In April 2020, electricity generation stood at 74% as compared to the same period in the previous year. The Electricity generation in April 2020 from nuclear category stood at 4,144.34 GWH vs. 3,287.32 GWH in April 2019 with an increase of 34.28%. In April 2020, electricity generation from nuclear category stood at 126% as compared to the same period in the previous year. The Electricity generation in April 2020 from the hydro category stood at 9,658.23 GWH vs. 11,072.61 GWH in April 2019 with a fall of 12.77%. In April 2020, electricity generation from the hydro category stood at 87.23% as compared to the same period in previous year.

The Electricity generation in April 2020 from Bhutan IMP category stood at 90.90 GWH vs. 239.70 GWH in April 2019 with a fall of 62.07%. In April 2020, electricity generation from the hydro category stood at 38% as compared to same period in previous year. The Electricity generation in April 2020 from Thermal category stood at 67,644.87 GWH vs. 94,663.81 GWH in April 2019 with a fall of 27.66%. In April 2020, electricity generation from Thermal category stood at 71% as compared to same period in previous year.

Core Data of Coal, Crude oil, Natural Gas and Refinery Products sector in April 2020.