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Peoduction and consumption of steel is …

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Peoduction and consumption of steel is often regarded as a index of a country development examine the statement
  • 1 answers

Yogita Ingle 6 years, 11 months ago

Steel production is the backbone of any country's economy since it is the basic  unit for the developement of a nation.  the developement of iron and steel is the key factor for the developement since almost every industry depends on iron and steel for its manufacturing and production. In todays era of globalisation, standard of living of people is increasing day by day, mostly in the develped nation, and consequently the consumption of goods and commodities is increasing significantly. thus it can be concluded that growth in production of iron and steel is regarded as the indx of country's developement.

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