Question

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

Answer 1

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.