While the world focuses on sustainability and recycling, the truth is that barely eight percent of plastic is recycled. That’s compared to 93% of all structural steel, recycled back into new steel products, making steel one of the most recycled materials in the world.
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Extreme weather conditions are something that cannot be avoided. With climate changes becoming more drastic year over year, it is paramount to analyze how we continue to build our infrastructure to withstand extreme events. While there’s a lot we can do, it seems that steel construction is one way to defend ourselves against natural disasters, even as Mother Nature unleashes her worst events.
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For decades, the steel industry has battled with environmental friendliness. The world’s leading steelmakers are bustling to reduce carbon emissions by revolutionizing their technologies. Currently, the steel industry is one of the top three most prominent carbon dioxide producers.
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Recovery is the word of the year as the steel industry comes roaring into 2021. With the third coronavirus vaccine now on the horizon, a calmer wave of steadily growing supply and demand will set the industry on the path to return to pre-pandemic levels.
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The steel industry is one sector that is bounding back with a vengeance from the prolonged slump brought on by the pandemic. In its early months, closures and the slow implementation of infectious disease management protocols in manufacturing plants severely delayed production.
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You don’t have to have traveled much in the U.S. to have heard names like the Sears Tower (now known as the Willis Tower), the Empire State Building, or the Chrysler Building. These names are as ubiquitous in America as the companies with which they are related. What they have in common is that they are all built from steel.
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In the world of city planners and commercial contractors, knowledge of which steel piping serves which purpose is essential. Not all pipes are created equal, and though we know the overall benefits of steel piping above others (sustainability, durability, and versatility), learning its applications for larger-scale projects can be challenging.
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Every modern society faces the dual (and at times conflicting) ideals of economic growth and environment responsibility. Steel has played an enormous role in the world’s economic growth in helping build buildings, bridges, ships, trains, cars, machines, and more objects essential to the advancement of society.
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Look around the world, the economy, and just about every market and industry out there. You’ll see that the coronavirus pandemic has changed the world in virtually every way possible. The steel market is not exempt from this, with COVID-19 taking a significant toll on our industry.
The COVID-19 pandemic threw the world for a loop when it began to spread rapidly in March 2020. The world panicked, and everyone locked themselves indoors to stay safe. This resulted in a bonafide economic recession due to decreased consumer activity.