Question

why is iron and steel industry called a basic industry​

Answer 1

Iron Industry is called Basic Industry because it act as need for all other Industries... As, Raw Material, Machinery and other needs... Or we can say... Iron and steel industry is known as basic industry as it provides a base to the other industries.It provides raw materials to ship building, transport equipments, machine and tool making industry, Aircraft etc.

Answer 2

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Iron and steel industry is the backbone of modern civilisation. It provides industrial products,and thus,is known as the Basic Industry. Iron ore occurs in abundance in many parts of the world. It is estimated thay 65% machines and utensils are made of steel. It is widely distributed in the world. That's why it is known as the Basic Industry.

More about Iron and Steel

$\star$ Iron and steel are widely distributed in the world. In the USA, Albama State,The Atlantic Coast and the Great Lakes region are main producers. Russia,France,China,India are other major producers in Asia

$\star$ The art of manufacturing Iron and Steel is to be known to India over a thousand years before Christ.

$\star$ The first modern Iron and Steel industry was established in 1907,when Tata Iron and Steels Company(TISCO) was set-up at Sakchi (Jamshedapur),now in Jharkhand state.

$\star$ Besides TISCO,the other important steel manufacturing centres are Indian Iron and Steel Company(IISCO) at Burnpur in West Bengal.