Hampshire, UK, December 5th, 2022: Structural steel is 100% recyclable and used worldwide for different purposes. Steel is an essential construction material; the process of making it is called steelmaking or steelmaking. Steel is made by ironmaking, but it is a more general term. Ironmaking is an ancient technology used for more than 4,000 years. This report is all about the growing demand for structural steel fabrication and what are the factors that have been behind it.

The Stats

The overall market size of structural steel was valued at USD 130.63 billion in 2021. According to experts, the market growth of structural steel is growing at 6.3%, and it is about to cross the USD 225 billion mark by 2030. All steel is made from iron ore, dug from the earth, purified, and chemically combined with other elements to form various alloys. The most common alloying elements are manganese, silicon, and carbon. So, the growth factor also depends upon the availability of these elements.

The Transformation

Ancient ironmaking was a laborious process requiring great heat and sweat. In the past, people did not use ironmaking to make steel, but they used the iron they made to make tools, weapons, and ornaments. Making iron is a different process than making steel. Ironmaking is used to create pure iron, while steelmaking is used to improve the properties of pure iron. Most pure iron is too soft and brittle. The introduction of alloying elements in the right proportions with carbon increases the strength of steel and thus makes it useful for a wide variety of applications.

The Changes in the Process

The process starts with a slab of iron, which is heated and hammered into a billet. Next, the billet is heated and extruded into a long, thin rod. This rod is placed in a rolling mill to have the ends and sides squared off and the desired cross-section created. The steel is now in standardised lengths and could be cut to size. It is then heated, straightened, and cooled by rolling it through a trough of oil and water.

Factors Behind The Growing Demand for Structural Steel

The increasing development of the economy and infrastructural development are the major factors behind the growth of structural steel. Increasing urbanisation has led to the demand for buildings and infrastructure, noticeably for commercial and residential structures. This has created a demand for structural steel in large quantities. In addition, expanding the real estate market has also added to the need for structural steel.

The rise in demand for structural steel is a long-term trend that will benefit the structural steel market. The growth of Asia and the Middle East is driving the structural steel market, especially in China and India. Structural steel fabricators is also used in various machines and manufacturing processes. As a result, there is a demand for structural steel for various industries like automotive, machinery, etc.

Conclusion

So, that is all about the growth and demand for structural steel and what factors would've been behind it. If you're also searching for the best structural steel fabricators in Hampshire, you can rely on Triangle Ltd. For more information visit our official website: http://www.triangleltd.co.uk.