The line graph outlines the production and demand for steel in million tonnes in the UK in 2010 and the number of workers employed in this sector. Generally speaking, the production of steel in the UK was higher than the demand and the number of workers in this sector directly affected the production capability.
At the beginning of 2010, the demand for steel was 4000 million tonnes which was double than the actual demand. The steel production and demand in April remained almost the same in April. In August, at the end of the third quarter, the demand unchanged but the production dropped to just over 3000 million tonnes. The demand dramatically fell in November and at the end of the year, the demand went higher than the production. During this time the demand for steel was 2000 million tonnes against less than 1000 million tonnes production.
The production of steel is correlated with the employed workers in this sector. In January 2010, the steel industry in the UK employed 5 million workers and it went as high as roughly 5.8 million in February. From March to July, the workers’ number stood at an average 2 million and kept on declining from September till December. At the end of the year, the UK steel sector employed 1 million people.
