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Iron and Steel is the key industry of the modern world. It is the foundation of machines, machine tools, tele-communication equipment, building of different modes of transport, agricultural machines, military hardware etc. It is used in the construction of bridges, tunnels, dams and buildings. In fact the industry influences every walk of human life. It would be very much correct to say that Iron and Steel industry is the backbone of economic, industrial and political development of the world.
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