The supplied graphs provide information about steel production, demand, and the number of employees in the steel industry in the UK throughout 2010.
It is evident that steel production decreased significantly as the number of workers declined, while the actual demand for steel fluctuated during the given period.
According to the first graph, in January industries produced 4000 tones of steel, at the same time the actual need was half of that. After the first quarter, the manufacture and demand remained stable. At the end of second quarter, the demand slightly plunged approximately 2000 tones, which consequent to producing at just over 3000 tones of steel.From January to November, the production was higher than demand and gap between them was on average 1 million tones. However, the scenario shifted dramatically at the end of the year. From September to November, the steel production plummeted and so did the demand. In December, the demand for steel exceeded the total production.
The second graph reveals that 5 million employees worked in the steel industry and this number dropped to two million less in April. From that time onward, the employee number showed some fluctuations and in August, the UK steel sector employed around 3.5 million workers. This number continuously dropped throughout the rest of the year and declined to 1 million in December.
