How does the iron and steel industry help other industries?
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Answer:
. The iron and steel industry is the bottom line producer industry. This industry is the mother of all industries as it helps other secondary industries and also helps in national development. It is one of the vital aspects of stable growth and economic development
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It is the basic need for the development of various other industries. Both are used for making weapons, flyovers, bridges and also used in the construction of various buildings and monuments.
Explanation:
- Iron and steel industry is often referred to as the backbone of the modern industry because almost everything is either made from iron or steel or has been made using tools and machineries of these metals. It plays an important role as a basic necessity of today's economy. ... Without the use of iron no industry can run
- The steel industry is critical to the U.S. economy. Steel is the material of choice for many elements of manufacturing, construction, transportation, and various consumer products. Traditionally valued for its strength, steel has also become the most recycled material.
- It comes as no surprise that iron ore is considered the strength behind the world's leading industries. As an integral component in the formation of steel, iron ore is the world's most commonly used metal and critical to nearly every industry, from energy and construction to transportation and equipment manufacturing.
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