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The iron and steel sector is a single of the most critical industries in India. Most iron and steel in India is produced from iron ore. The Indian Ministry of Steel is worried with: the coordination and arranging of the development and enhancement of the iron and steel sector in the state, both equally in the public and private sectors formulation of guidelines with regard to output, pricing, distribution, import and export of iron and steel, Ferro alloys and refractories and the enhancement of input industries relating to iron ore, manganese ore, chrome ore and refractories and so on., required mainly by the steel sector.
The iron and steel sector is taking part in a significant position in the development tale of modern-day India. The Govt of India has taken various initiatives for the development and enhancement of Iron and Steel Industries in India. India can be segmented into five item segments: Grey Solid Iron, Steel, Spheroidal Graphite Iron, Non-ferrous Metals, and Malleable Iron.
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