Why is the iron and steel industry basic industdy?
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The reasons: (i) The iron and steel industry isbasic to the industrial development of any country because iron and steel forms the basis of infrastructure for industrial development. (ii) Steel is used as basicmaterial in the manufacture of metal products, electrical machinery, transport equipment etc.
Explanation:
Iron and steel industry is called thebasic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.
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