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TeachMeFinance.com - explain Iron and steel industry Iron and steel industry The term 'Iron and steel industry' as it applies to the area of energy can be defined as ' Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills Establishments primarily engaged in manufacturing hot metal, pig iron, and silvery pig iron from iron ore and iron and steel scrap; converting pig iron, scrap iron, and scrap steel into steel; and in hot-rolling iron and steel into basic shapes, such as plates, sheets, strips, rods, bars, and tubing'.
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