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Why Steel Is Still Used In Construction

Obvious as it is, steel is the most reliable material that can be used to form the skeleton of any building or structure and also keep its foundation strong. It is also the most regarded alloy in civil engineering due to its versatile mechanical and thermal properties. In spite of the advent of strong and

Steel Fabrication And Its General Applications

Steel fabrication is widely used in all industrial sectors. Steel is also the most produced and commonly used iron alloy. The year 2015 saw 1,599.5 million metric tons of the manmade alloy production. China, Japan, and India produce and consume the highest percentage of Steel. Steel fabrications form the backbone of human civilization and Industrialization

Splurge: The Best Investments for Future Success

In a previous article, we talked about the different ways companies in the steel industry are saving money to remain competitive. Bringing costs down can help you and your steel business remain competitive, even in today’s economy. That said, not all savings are worth making. Bringing the costs down too much can actually lead to

Enhance machinability of steel using Annealing procedure

Annealing: Annealing is the process of heating a metal to change its hardness and strength. When this procedure is done properly, metal reduces its cold working properties and becomes more flexible, stress-free. To obtain these properties, it is heated to temperature that is less than its melting point and then slowly frozen. Generally, Ferrite sub-critical

Forecasting of steel price- An Econometric modelling approach

To take investment decisions in the steel industry, steel price forecasting is necessary. Instability in steel price has been exceptional these days and the international steel markets. These sudden and wild swings in the international steel price have occurred rarely before. An econometric price forecasting model Using econometric modeling techniques, a statistical approach to price