Here are some items to consider when developing a complete cost comparison between project materials. Steel can be a powerful way to help owners and contractors save money today as well as in the future.
Structural steel, long considered the premier green construction material, is continuing to improve its environmentally friendly position by reducing greenhouse gas emissions.
The steel industry remains the world leader in the use of recycled material and end-of-life recycling, with the recycled content of the structural steel beams and columns produced at U.S. mills averaging 88% and a recycling rate of 98%.
Foundation costs can be less by using steel framing because it is lighter.
More rentable square footage can be obtained with longer steel spans, fewer and smaller columns.
Overhead costs for the general contractor can be reduced because of shorter construction time.
Because of shorter construction time, the interest costs on short-term financing can be reduced for owners and contractors.
Structural steel framing gives an owner increased income due to earlier occupancy.
Shorter construction time yields savings on current property expenses while owner is waiting to occupy new premises.
Changing occupancy requires the flexibility to meet new space requirements. Steel makes this possible more easily and is therefore less costly.
Changes during construction are less costly.
Off-site prefabrication of steel frame means less labor costs, inspection, and construction time.
Costs can be reduced and flexibility can be obtained by using steel floor deck and steel under floor ducts for electrical and communication systems.
Steel beam web penetrations can easily accommodate mechanical ducts for heating, ventilating and air conditioning, thus reducing the total building height, all of which means less cost.
Protection against the effect of temperature changes or extremes is less with steel frame.
Less money is spent in material tests and construction inspection.
The quality of steel is predictable and reliable.
With steel construction, the costs of equipment and hoisting are included in the erected costs, and therefore, no allowance has to be added.
Steel’s unparalleled workability makes it the most versatile construction material developed by man.
Pacific Northwest Steel Fabricators' Association 147 SE 102nd Ave Portland, OR 97216 | Phone: 503.253.9030 email@example.com | Fax 503.253.9172 www.pnsfa.org