Business Studies, asked by pcharan1717, 1 year ago

Give reasons .The iron and the steel industry is the basic as well heaving industry

Answers

Answered by Hrishika756
0

Iron and Steel industry is called basic Industry due to following reasons all Industries whether heavy medium or light depend on its for the machinery. Thursday it provides base to The Other industries steel is required for manufacturing variety of Engineering construction and defence goods

Answered by Anonymous
0

iron is a raw material which is manufactured from its ore. it comes under the basic industries as it is one of the crude materials used in making many metals.

also, iron is useed in heavy industries for machinery and equipment. thus it can be considered in both basic and heavy industries

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