Why is the iron and steel industry a basic industry?why is it also called a heavy industry
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Basic industry - Coz it provides the basis for other industries as its products are used as raw materials by other industries
Heavy industry - coz the raw material used. I.e iron and steel are heavy
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The iron and steel industry is the basic industry since all the other industries- heavy, medium and light, depend on it for their machinery.
It is also called heavy industry as they are based on bulk and weight of raw material and finished goods
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