Why is Iron and Steel Industry called a basic industry?
Asked by sumitd39
| 15th Jan, 2022,
07:52: PM
Expert Answer:
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. Verious ship building industries, aircrafts, transport equipments etc require steel which is a finished product of the irona dn steel industry.
- Day to day consumer goods like containers, safety pins etc. are made up of steel.
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. Verious ship building industries, aircrafts, transport equipments etc require steel which is a finished product of the irona dn steel industry.
- Day to day consumer goods like containers, safety pins etc. are made up of steel.
Answered by Shiwani Sawant
| 16th Jan, 2022,
07:23: PM
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