July 1 (Reuters) - Shares in Anglo American slid 3% on Monday after the miner suspended production at its Grosvenor steelmaking coal mine in Australia following an underground fire.

"We believe this incident could have negative implications for the timing and execution of Anglo's corporate restructuring plan and therefore future potential corporate outcomes for Anglo," JP Morgan analysts wrote in a note. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Nivedita Bhattacharjee)