What are the benefits of iron and steel industry in India
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The iron and steel industry is importantbecause it provides the base for all other industries. the products from iron and steel industry are used as raw materials for other industries.
An export duty of 30 per cent has been levied on iron ore^ (lumps and fines) to ensure supply to domestic steel industry. Government of India's focus on infrastructure and restarting road projects is aiding the boost in demand for steel.
An export duty of 30 per cent has been levied on iron ore^ (lumps and fines) to ensure supply to domestic steel industry. Government of India's focus on infrastructure and restarting road projects is aiding the boost in demand for steel.
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