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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Option A: True, In the second paragraph " China was both the biggest producer, the first country to exceed 200 million tonnes of crude steel in a year, and also its biggest consumer at 244 million tonnes." Thus Option A is correct.
Option B: False, In the fifth paragraph "It’s nearest rival, Arcelor- the world’s most profitable steel company, focusing on ‘flat’ productswas headed by the Frenchman Guy Dolle" Arcelor was the world's most profitable steel company.
Option C: False, Never mentioned in the passage.
Option D: False