Covid-19 impact: Retail demand for cement, steel goes missing amid lockdown

While companies are unable to move material, dealers continue to suffer due to absence of any business

A cement dealer in the National Capital Region (NCR) points out that his shop is shut; he has no cement stock and has not received any orders yet. This is a summation of what ails the cement and steel sector - inventories at factories are piling up, dealerships, mandis and warehouses are shut, while some construction sites are starving for raw material.
 

“Our silos are almost full with cement,” said an executive from a cement company, while another executive from a road development company complained, “Cement and other supplies for projects are badly affected."
 

Industries, including cement and steel manufacturing,