The iron and steel industry is a crucial sector that involves the production of iron and its alloys, primarily steel. This industry plays a vital role in the global economy, as steel is used in construction, transportation, and manufacturing. The process typically begins with the extraction of iron ore, which is then smelted in a furnace to produce molten iron. Once the molten iron is produced, it can be further processed to create various types of steel by adding elements like carbon. The resulting steel can be shaped into products such as beams, sheets, and rods, which are essential for building infrastructure and vehicles.