How the steel industry is formed

Different from place to place, such as

The northeastern United States belongs to the traditional iron and steel industrial base, the development of its location advantages mainly from the following aspects:

1. Close to the production areas of iron ore and coal. Like Chicago and Pittsburgh provide richer coal and iron resources.

2. The northeast is close to the Great Lakes, which are rich in water resources and also provide ample water for the development of coal and iron resources.

3. Convenient waterway transportation. Northeastern U.S. construction has a complete railroad transportation network, at the same time, based on the Great Lakes and canals to establish a waterway traffic and transportation network greatly improves its transportation capacity.

4. Historical factors. The northeastern United States in the colonial period is the British and French colonies, the development of a long history, so that this place has a long history of iron and steel industry production.

5. Technical factors. There are major institutions of higher learning and scientific research institutions, providing technical support for the development of heavy industry.

6. Wide market. The products are oriented to both domestic and international markets.

7. Financial factors, traditional industries are generally controlled by large consortia or monopoly family, they have sufficient funds to ensure the development of the industry did not stick.