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The construction industry is one of the most important steel-using industries, accounting for more than 50% of the world's steel demand. Steel is needed to support everything from houses to parking lots to schools and skyscrapers. Steel is also used for the cladding of roofs and facades.
Also, many high-strength sheets of steel are also used in other related industries, such as offshore oil rigs, bridges, civil engineering, construction machinery, rail cars, oil tanks, and pressure vessels. All these applications benefit from the properties of modern steel.
Steel is a metal that is widely used in engineering. There are many different alloys that can be used for a variety of applications across industries. One such area is the automotive industry, which offers many applications for steel alloys as they are used in a variety of different components in vehicles.
Benefits of using steel in the automotive industry
• High-strength steels enable light but stronger vehicles.
• Enables affordable repairs.
• Cost efficient compared to other materials.
• Well-established manufacturing and recycling infrastructure and workforce.
Including automobiles, about 16% of the steel produced globally is used to meet the transportation needs of society. Steel is also essential for the associated infrastructure: roads, bridges, ports, stations, airports, gas stations, etc. Some major applications include:
For ships and containers
Ships built using steel transport 90% of the world's cargo. There are an estimated 17 million containers of different types in the global container fleet, most of which are made of steel.
For infrastructure
Steel is used in bridges, tunnels, railways, and in the construction of buildings such as gas stations, railway stations, ports, and airports. About 60% of the steel used in infrastructure is rebar.
Whether based on fossil fuels, nuclear technology, or renewable energy sources such as wind, solar or geothermal, steel is vital to powering the world, and it will be in the future. Regardless of the source, steel plays a vital role in producing and distributing energy, as well as providing energy efficiency.
Benefits of using steel in energy production and distribution
• Contains recycled steel and is endlessly recyclable
• Is safe and provides structural integrity
• Durable
• Cost efficient compared to other materials
• Steel pipes have a lower environmental impact than transporting water or fuels by truck or ship