why is the iron and steel industry considered basic to the industrial development of any country?
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Iron and Steel Industry
Iron and Steel industries considered basic to the industrial development of any country because iron and steel are the most necessary products in any work and in any industry.
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Iron and steel industry is called the basic 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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