The bar graphs provide the data on the demand of steel in tonnes, while, another graph depict the number of worker employed in Britain in 2010
To embark with, The supply is more as compare to demand. In the month of January the supply was 4000 million tonnes while its demand is 50% only. In the month of march there was an inverse trend. To be specific, production reduced to 3800 million tonnes whereas demand raised by 1000 million tone. However the production remain steady upto the month of august while there is fluctuation in demand of steel. Moreover, the supply suddenly increase in the month of September and reach 4000 to 5000 and then dropped drastically to around 8000 million tonne till December but the demand for steel increase in the mid November.
Furthermore, the number of worker employed were high in the month of January with 50 lakhs. this incline to 5800 thousand in the next month. However, in the month of march, almost 2800000 trainers were unemployed. this remains constant upto august. like similar to fall in supply of steel same in the case of emplyement number of workers also reduced to 1000. overall it can be observe that the supply of steel and the number of people working in steel industry show similar trend whereas the demand of steel is under control as enough production is done to satisfy the Uk requirement
The bar graphs provide the data on the
demand
of
steel
in tonnes, while, another graph depict the
number
of worker employed in Britain in 2010
To embark with, The
supply
is more
as
compare to
demand
. In the
month
of January the
supply
was 4000
million
tonnes while its
demand
is 50%
only
. In the
month
of march there was an inverse trend. To be specific, production
reduced
to 3800
million
tonnes whereas
demand
raised by 1000
million
tone.
However
the production remain steady
upto
the
month
of august while there is fluctuation in
demand
of
steel
.
Moreover
, the
supply
suddenly
increase in the
month
of September and reach 4000 to 5000 and then dropped
drastically
to around 8000
million
tonne
till December
but
the
demand
for
steel
increase in the mid November.
Furthermore
, the
number
of worker employed were high in the
month
of January with 50 lakhs.
this
incline to 5800 thousand in the
next
month
.
However
, in the
month
of march, almost 2800000 trainers
were unemployed
.
this
remains constant
upto
august.
like
similar to fall in
supply
of
steel
same in the case of
emplyement
number
of workers
also
reduced
to 1000.
overall
it can be
observe
that the
supply
of
steel
and the
number
of
people
working in
steel
industry
show
similar trend whereas the
demand
of
steel
is under control as
enough
production
is done
to satisfy the
Uk
requirement