How US Bridge Collapse May Impact Indian Importers, Hit Supply Chain
NDTV
India, a major importer of US thermal coal, is bracing for challenges in its supply chain following the Francis Scott Key Bridge collapse in Baltimore.
The collapse of the Francis Scott Key Bridge in Baltimore in the US has reverberated across the Indian coal and petcoke markets, sparking concerns about potential supply chain disruptions and price impacts.
According to S&P Global Commodity Insights, the incident, triggered by a vessel collision with a supporting pylon, has led to the suspension of navigation through Baltimore Harbor, a critical hub for coal exports.
India, a major importer of US thermal coal, is bracing for challenges in its supply chain following the bridge collapse.
According to a US-based trader, the incident is expected to restrict shipments from Arch Coal and create logistical hurdles for Indian importers.
