Why is the iron and steel industry called the basic industry? Explain any three reasons.
Asked by Topperlearning User | 26th Jun, 2014, 04:50: PM
The iron and steel industry is called the basic industry due to the following reasons:
1. All industries whether heavy, medium or light depend on it for machinery.
2. Steel is required for manufacturing a variety of engineering, construction and defence goods.
3. Day-to-day consumer goods such as containers, safety pins etc. are made of steel.
Answered by | 26th Jun, 2014, 06:50: PM
Kindly Sign up for a personalised experience
- Ask Study Doubts
- Sample Papers
- Past Year Papers
- Textbook Solutions
Verify mobile number
Enter the OTP sent to your number