Get premium membership and access revision papers with marking schemes, video lessons and live classes.

Processing. Please wait.

Factors which have led to the development of Iron and Steel Industry in the Ruhr Region of Germany

Answer Text:
Factors Which Have Led To the Development of Iron and Steel Industry in the Ruhr Region of Germany
1. There is availability of raw materials because the region has coal, iron ore and limestone making it economical to set up iron and steel industry there.
2. There is availability of cheap water transport for transportation of raw materials and finished products because the region is served by navigable rivers and canals e.g. R. Ruhr, Lippe, Dortmurd-Ems Canal, etc.
3. There is availability of ready market for iron and steel from the dense and affluent population in C. and W. Europe.
4. There are abundant sources of power such as coal, oil and H.E.P. necessary in iron and steel industries.
5. There is availability of capital for development of iron and steel industry due to presence of rich companies, companies and capital accrued from other industries like coal.
6. The region is centrally located in Europe which offers easy access to all parts of Europe.