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Why iron and steel industries are known as basic industries?
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The iron and steel industry are known as the basic industries because all the other industries — heavy, medium and light, depend on iron and steel industry for their machinery. Iron and steel industry is also called backbone of the economy.
Regards
The iron and steel industry are known as the basic industries because all the other industries — heavy, medium and light, depend on iron and steel industry for their machinery. Iron and steel industry is also called backbone of the economy.
Regards
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