Steel Industry

The steel industry is a vital sector that produces steel, an essential material used in construction, manufacturing, and various other applications. Steel is made primarily from iron ore, which is processed in facilities called steel mills using techniques like smelting and refining. This industry plays a crucial role in the global economy, providing the raw material for infrastructure, automobiles, and appliances. The steel industry also faces challenges, such as environmental concerns and fluctuating demand, prompting ongoing efforts toward sustainability and innovation in production processes. Its health often reflects broader economic trends.