The iron and Steel industry are that the basic industry since all the opposite industries — heavy, medium, and lightweight, depend upon it for his or their machinery. Steel is required to manufacture a spread of engineering goods, construction material, defense, medical, telephonic, scientific equipment, and a spread of the commodity. Production and consumption of steel are usually considered the index of a country’s development. Iron and steel may be a heavy industry because all the raw materials also as finished goods are heavy and hulking entailing heavy transportation costs. The iron and industry account for around 1 / 4 of greenhouse emission (GHG) emissions from the worldwide industrial sector. Global production has quite doubled between 2000 and 2018. China accounted for 51 percent of worldwide production in 2018. The energy use and GHG emissions of the industry are probably going to continue increasing because the increased demand for steel, particularly in developing countries, is outpacing the incremental decreases in energy and CO2 emissions intensity of production that are happening under the present policy and technology regime.
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