Steel structures are durable and require little maintenance, extracting maximum value from the resources invested in the structure and minimizing its whole-life costs. Long span steel sections enable large open plan, column free spaces to be created inside buildings, providing flexible areas that can be set out in an endless variety of configurations. Such ‘future-proofing’ means that the building’s intended use can be modified, and the layout adapted many times – extending the lifetime of the structure. Short construction periods will lead to cost savings in site preliminaries, earlier return on investment and reduced interest charges. Time related savings can easily amount to 3-5% of the overall project value, reducing the client’s requirements for working capital and improving cash flow.
Given this, choosing structural steel can help reduce your project’s overall cost and enhance its value. You can further achieve savings by getting a steel fabricator involved early in the design phase. Read more: https://www.aisc.org/why-steel/resources/construction-costs/