Explain what factors will be taken into consideration while setting up

1.	Explain what factors will be taken into consideration while setting up an inro and steel industry
Answer» Answer: Availability of services such as consultants and financial advice. Resources for maintaining labour. Efficient water supply. Cheap power supply. Explanation: Factors influencing the locations of Iron and steel INDUSTRIES : Raw material: Mostly large INTEGRATED steel plants are located close to source of raw materials, as they use large QUANTITY of HEAVY and weight losing raw materials. Markets: As its heavy & BULKY transportation cost is high. Labour: Availability of cheap labour is also important.

Explain what factors will be taken into consideration while setting up an inro and steel industry

Answer»

Answer:

Availability of services such as consultants and financial advice. Resources for maintaining labour. Efficient water supply. Cheap power supply.

Explanation:

Factors influencing the locations of Iron and steel INDUSTRIES :

Raw material: Mostly large INTEGRATED steel plants are located close to source of raw materials, as they use large QUANTITY of HEAVY and weight losing raw materials.

Markets: As its heavy & BULKY transportation cost is high.

Labour: Availability of cheap labour is also important.

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