Question

Mention the two most crucial factors while deciding the location of iron and steel industry ​

Answer 1

Answer:

Explanation:

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.

Answer 2

Answer:

While considering localisation of iron and steel industry, two sets of factors are important. The primary factor is, of course, availability of raw material, market, energy supply and labour.