Mention two advantages that a mini steel plant has over an integrated – InterviewSolution

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1.

Mention two advantages that a mini steel plant has over an integrated iron and steel plant.

Answer»

Advantages of Mini steel plants are:

1. They use the electric arc furnace and thus conserve coal.

2. They require small capital investment.

3. They cater to the local need of the market and the cost of transport is reduced.

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