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The steel industry developed rapidly mainly due to the advent of new production techniques, such as the Bessemer process, which significantly lowered the cost and increased the efficiency of steel production. The growing demand for steel in industries like railroads, construction, and machinery further fueled its expansion. Additionally, the availability of iron ore and coal resources, coupled with advancements in transportation, facilitated the distribution and accessibility of steel. This combination of innovation, demand, and resource availability transformed steel into a foundational material for modern infrastructure and industrialization.

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2w ago

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