The presented line graphs illustrate the steel production in comparison with the actual demand, and the number of employees in the UK in 2010. Units are measured in million tonnes and million workers, respectively.
Overall, while both steel production and the number of workers witnessed a general downward trend, the demand for steel fluctuated before returning to its initial point. Notably, demand remained consistently below its production, except in December when it intersected and surpassed the output.
In January, the production stood at 4000 million tonnes, roughly double that of actual requirement. After that, production peaked at 5000 million tonnes in February, then fell to 4000 million tonnes in March and stayed stable until July. In contrast, demand reached a peak of 3000 million tonnes by March, and fluctuated afterwards. Both figures declined in August before making a recovery in the following month. Subsequently, output plunged to nearly 1000 million tonnes in December, whereas the volume of requirement dropped to almost zero and recovered substantially to 2000 million tonnes, slightly overtaking supply.
Regarding employment, 5 million workers were recorded in January. Then, it peaked at 5.5 million in the next month before slumping to 3 million workers by March. Then, the workforce remained stable until May, fluctuated moderately in the summer, and constantly declined to only 1 million by December.
