Tuesday, 10 November 2015


Steel is one of the most important and versatile materials in the world. With its undeniable strength and ability to be repeatedly recycled, it has become a vital component for construction, transport and telecommunications and is even more crucial than one might think to the overall functionality of our day-to-day lives.

Here are 10 interesting facts that will make you think twice about the use of steel and how significant it really is:

1. Steel is an integral part of the circular economy promoting zero waste, reuse of resources and is continuously recycled, helping build a sustainable future.

2. The strength of steel is what makes it an essential factor in the construction and the durability of buildings around the world, such as the Sydney Harbour Bridge, which required 52,800 tonnes of steel in its construction.

3. The steel industry globally spends more than $12 billion annually on improving the manufacturing process, new product development and future breakthrough technology.

4. Steel is the main material used in enabling the delivery of renewable energy: solar, tidal and wind.

5. Steel comprises approximately 75% of all major appliances.

6. The steel industry is the second biggest industry in the world after oil and gas with an estimated global turnover of USD900 billion.

7. By 2050, steel use is projected to increase to be 1.5 times higher than present levels in order to meet the needs of our growing population.

8. Annually over 15 million cars are recycled worldwide, which provides enough material to produce about 15 million brand new cars.

9. The entire telecommunications network around the world would be non-existent without steel!

10. By using a steel frame to build a house instead of wood, you could save up to 40 fully grown trees, working towards a more sustainable future for the environment.

These 10 facts should provide you with further insight into the versatile world of steel, ensuring that your next encounter with steel generates a second thought.