The demand for a commodity not directly for immediate consumption but for the production of another commodity is

The demand for a commodity not directly for immediate consumption but for the production of another commodity is called "derived demand". In other words, it refers to the demand for a product that is derived from the demand for another product. For example, the demand for steel is a derived demand because it is not consumed directly but is used in the production of other products such as cars, buildings, and machinery. Therefore, the demand for steel is derived from the demand for these other products.