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STAINLESS STEEL, AN IDEAL MATERIAL CHOICE

Construction Week

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March 2024

FOR THE CONSTRUCTION INDUSTRY

STAINLESS STEEL, AN IDEAL MATERIAL CHOICE

In recent times, the construction industry, particularly in infrastructure projects, has evolved to consider not just the initial cost but also the long-term financial and environmental impacts of structural materials. This paradigm shift highlights materials like stainless steel, which is corrosion-resistant, sustainable, and 100% recyclable.

LIFE CYCLE COSTING (LCC): A TOOL FOR FUTURE-PROOFING CONSTRUCTION PROJECTS

Originating in 1977, life cycle costing serves as a crucial tool for evaluating the long-term financial implications of using different materials in construction. It involves converting future expenses into present values, incorporating risk predictions, and taking into account the environmental impact costs. The concept of LCC has evolved to include factors such as the flexibility of a structure to adapt to new uses and its adaptability to more extensive structural changes, both of which are vital in assessing a building's long-term utility and viability.

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