Ow do we explain the rise of steel multinationals from India and Brazil?

I going to talk about this question (How do we explain the rise of steel multinationals from India and Brazil? ) in the lesson later.
Can you help me to do a speech of this question?
Please separate the speech into 2 paragraphs.
It doesnt need to be 250words in total, you can do around 100words in each paragraph, because my speech is around 1min.
I dont need sources for this.
Thanks you