the iron and steel industries is one of the most important in india. Iron and steel are freely importable as per the extant policy. There has been a steady increase in the amount of steel imported into the country to meet demands. There are more than 50 iron and steel industries in India..
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The iron and steel industry in India is among the most important industries within the country. India surpassed Japan as the second top steel producer in January 2019.[1] As per worldsteel, India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most iron and steel in India is produced from the iron ore.
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The iron and steel industry in India is among the most important industries within the country. India surpassed Japan as the second top steel producer in January 2019.[1] As per worldsteel, India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most iron and steel in India is produced from the iron ore