Question

Give a detailed account of iron and steel I dustry​

Answer 1

Answer:

The iron and steel industry is a basis for the development of a number of industries in the global economy: the defense industry, transportation and heavy engineering, energy and construction (including aeronautical and shipping construction).The top iron & steel companies are Arcelor Mittal, VALE, Nippon Steel & Sumitomo Metal, POSCO & JFE Steel along with brands like Baosteel, TATA Steel, Hyundai Steel, Kobe Steel and NUCOR. It continues to contribute to the major industries like Manufacturing, Construction, Automobiles, Defense and Transportation etc.