Perhaps the largest contributor to the cost-effective nature of steel when used in construction is the time saved. Steel structures can be built quicker with fewer workers needed onsite thus reduces labour costs, equipment hire, street blocking fees, etc. Also, as the building is built faster the revenue lost by not having the business operating is significantly reduced.
Steel is both widely used and most recycled metal material in the whole world. Maintainable steel structures can be built fast and at a relatively low price. Steel in its various alloys, shapes and sizes can be designed to meet the requirements of unique projects required by the clients. This allows the steel to be incorporated into infrastructure in all environments. Steel can be alloyed or surface treated differently for protection depending on the conditions that the structures are exposed to including high pollution.
Steel parts in a steel structures are pre-manufactured to a specific design inside the manufacturing plant/fabrication shop and are shipped out in ready-to-be erected condition. Hence it speeds up construction time significantly. So, it is possible to complete large-scale projects in a shorter period than usual.
Steel sections are cut, shaped, and drilled in a fabrication shop as per the design specifications; this can result in comparatively fast and precise construction.
Due to easy-to-make parts of a steel structure, it is hassle-free to install and assemble them on site, and also there is no need of measuring and cutting of parts on site.
Once delivered to site, the steel structures can be erected very easily and faster than many other structures. And the steel structures can be used soon after their erection.