Use Of Galvanised Steel Set To Rise In Large-scale Infra Development: HZL
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday said the use of galvanised steel in the construction sector will rise as the country is moving towards large-scale infrastructure development.
Galvanised steel is a regular steel sheet that is coated in zinc to make them corrosion resistant.
"As India is on its way to large-scale infrastructure expansions, use of galvanised steel in construction is set to rise," Hindustan Zinc CEO Arun Mishra said during a webinar.
Use of zinc-coated light gauge steel framing system is known to offer greater durability, exceptional corrosion resistance that results in safer structures with less maintenance, he said.
"And the good news is that it is 100 per cent recyclable and hence environment friendly," the HZL CEO said.
"As we ready ourselves for the rapid urbanisation and infrastructure boom, it is imperative to use right kind of construction technology along with galvanisation of the structures that will not only ensure a long life but also the safety and security of the public using these structures daily," he said.
ALSO READ: Next tranche of gold bond opens on Aug 31, issue price at Rs 5,117/gm
Light Gauge Steel Framing (LGSF) is a leading technology that will fast-track the construction process by 200 per cent, helping the ministry and related bodies construct more houses with minimum cost and environment footprint.
The need of the hour is to mainstream these technologies in the construction industry, Mishra said.
Light Gauge Steel Framing or light gauge steel construction is very similar to wood framed construction in principle -- the wooden framing members are replaced with thin galvanised steel sections.
The steel sections used here are called cold formed sections, meaning that the sections are formed, or given shape at room temperature.
LGFS buildings can be used as substitute of traditional buildings. It is used to create frames for external walls, floor, internal walls etc.
These are used as the base on which suitable boards and materials are used to cover the framing.
LGSF buildings look similar to traditional Reinforced Cement Concrete (RCC) buildings after completion.
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more