FacebookInstagramTwitterContact

 

Eating For Your Eyes: Carrots Deliver Nutrients That Preserve Vision           >>           Diabetic? Eat More Eggs           >>           Protect Your Kids From Pollution-Related Asthma With Vitamin D           >>           Miscellaneous Offences Act 2021           >>           Designs of 'Baju Melayu' Studs           >>           Spectrum Unveil 2024 Exhibition           >>           'People Call Me A Monster For Dyeing My Dog Pink - I Want Him To Match My Outfit'           >>           Number of New Converts Increase           >>           Mum's Horror As Group Text Invite For Daughter's 1st Birthday Party Goes Terribly Wrong           >>           Kid Cudi Engaged To Lola Abecassis Sartore           >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 05:01 AM

Subuh

: 05:11 AM

Syuruk

: 06:29 AM

Doha

: 06:51 AM

Zohor

: 12:32 PM

Asar

: 03:44 PM

Maghrib

: 06:32 PM

Isyak

: 07:42 PM

 



The Business Directory


 

 



World Business


  Home > World Business


One World Trade Center Reveals Yet More Risks For Steel Industry


One World Trade Center is seen looking down Fulton Street in New York. Photographer: Ron Antonelli/Bloomberg

 


 August 30th, 2017  |  09:37 AM  |   695 views

NEW YORK CITY

 

New York’s One World Trade Center is emblematic of a struggle by steelmakers to boost demand from construction, an industry that buys almost half the output of the alloy.

 

While the Twin Towers it replaced were erected around scores of steel columns, the Western Hemisphere’s tallest building is held up by a concrete core to help prevent the kind of devastating collapse that followed the terror attacks of Sept. 11, 2001.

 

Planners of skyscrapers and bridges have turned toward concrete over structural steel as it can withstand high temperatures, is cheaper and lasts longer. Since 2000, steelmakers outside China expanded output of structural beams and columns at only about half the pace of rods, or rebar, used to reinforce concrete, the World Steel Association says.

 

"Concrete is good because it’s cheap, very enduring, it grows old well and, if it’s of good quality, is absolutely fire safe," said Sergey Kuznetsov, chief architect for Moscow, Europe’s second most-populous city. "Steel is good as it makes the building lighter in terms of pressure on the foundation, and a steel frame is also easy to install. But steel has its drawbacks and the main one, perhaps, is its low fire resistance."

 

 

Construction’s move toward concrete is a problem for steelmakers already suffering from a global supply glut and demand growth expected to reach about 1 percent this year and next. By comparison, demand for ready-mix concrete is seen rising 9 percent a year, market researcher Technavio says. The industry is now trying to win back planners and architects.

 

"There is a strong correlation between promotion spending and the market share of structural steel in buildings," said Terrence Busuttil, who pushes for the metal’s use in construction at the World Steel Association. After cuts in advertising by steelmakers since 2008, the lobby needs to "disseminate as much information as possible about the benefits of steel," he said.

 

The association’s first construction conference this year brought together representatives from steelmakers such as ArcelorMittal, world No. 1, and Salzgitter AG, with designers including Arup Group and Benthem Crouwel.

 

The group also aims to help develop safety codes making it easier for engineers to choose steel, as well as promoting the skills needed to draw up and build such projects, particularly in emerging economies.

 

Steelmakers are developing products including ready-made and bespoke parts for projects. They are also working with producers of materials and systems able to insulate the metal from heat to maintain its integrity in the case of a blaze, and creating alloys that reduce corrosion.

 

"Steel has been changing over the years," Andrey Laptev, chief strategist at producer Severstal PJSC, said in an interview. "It’s an innovative product with the potential for greater technological breakthroughs."

 

One example is a technique that mixes high-strength steel filaments with concrete to increase resistance to pressure around 10-fold compared with regular concrete. Modern steels are able to match concrete’s resistance to heat and corrosion, according to Busuttil at the industry lobby.

 

Without action by the industry, the slower growth of structural steel compared with rebar used in reinforced concrete is likely to persist.

 

"Even 16 years after the collapse of the Twin Towers in New York, such events stick in the memory," former Russian Deputy Minister for Construction Yuri Reilyan said in an interview. "Not only for ordinary people, but for people who order new buildings."

 


 

Source:
courtesy of BLOOMBERG

by Yuliya Fedorinova

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Lahad Datu Murder: Remand Of 13 Students Extende

 2024-03-30 07:57:54

Sydney Church Stabbing: Australian Bishop Forgives Alleged Attacker

 2024-04-19 00:07:49

Google Sacks Staff Protesting Over Israeli Contract

 2024-04-19 00:33:16