Advantages. Around the end of 2014, the steel industry went through a consolidation phase that was similar to the one that the oil and gas (O&G) industry experienced. Iron rusts very fast and it needs to be protected from water. So let us check it out advantages and disadvantages to know more about steel structure and its properties. Explanation: It … Tokyo. Inputs of iron industry: iron ore, coal, limestone, labour, capital, site and other infrastructure. Uses • Mild steel is used in the engineering industry • Carbon Steel is mostly used to make tools such as drill bits. Stainless steel offers industry-leading durability — simply put, the material is strong and holds its shape. It is highly resistant to impact and structural damage, and the rigidity of the steel is preserved with a broad temperature range (up to roughly 1400 degree Fahrenheit, at the top end). Processing of Iron and Steel take up a lot of energy. Steel can be made from iron, carbon, manganese, … • Stainless Steel is more commonly used to make cutlery and surgical instruments. Iron has poor tensile strength and has poor resistance to impact. The steel industry is known for being cyclical and reflective of overall market conditions—demand increases during economic booms and plummets during global recessions. industries and their disadvantages Processes: The process involves conversion of iron ore into steel. The iron and steel industry (ISI) is the world's biggest energy-consuming manufacturing industry with the largest share in the world's economy. In 1992, the primary metal industries in Cuyahoga County employed 14,690 while almost twice that number (27,978) were employed in the manufacture of fabricated metal products. The disadvantages of Iron and Steel industries: High maintenance cost. It is also easier to export from coastal sites. In the iron and steel production over world, China takes the first place, and Japan, U.S. follow it. Japan’s Steel Industry. All Japan’s steel plants are located on the Pacific Coast as Japan imports most of its iron and coal, as it is cheaper. The iron and steel industry continues to be an economic mainstay of Greater Cleveland. Steel is a kind of metal and Steel is resistant to rust. Hari om.Hari om. However with everything else there are two sides of coin. Industries are necessary for the well being of the people of every country because industry together with agriculture helps the country in achieving its economic growth and development. Steel can be reuse and easy to recycle. Industry Iron and Steel Industry. The plants are located near to markets e.g. • Cast Iron is used to manufacture items like manhole covers and engine blocks. What are the disadvantages of certain industries? The plants are very large & efficient and are vertically integrated to cut costs. 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