In an exclusive interaction, Kamdhenu elaborates on the advantages of high efficiency steel and talks about the current state of the steel market, emphasising the efforts taken towards sustainability requirements.
Could you please explain why it is necessary to have high-efficiency steel grades in structures?
High load-bearing structural steel beams are required as modern structures grow more intricately built to be both higher and larger in size in order to maximise the economy of the steel frame. Numerous residential and commercial structures rely on steel frames, which must be made of high-quality steel and be very efficient. Superior advantages, including resistance to air corrosion, which results in a longer life cycle, are also provided by steel grade. Additionally, high-grade steel offers a very appealing cost-to-strength ratio when compared to standard grade, which is why it is becoming more and more popular. Additionally, it provides greater advantages, including a longer life cycle, increased tensile strength, and resistance to air corrosion.
How are the present global trends affecting steel prices and their quality?
The price of steel is affected by a number of variables, including the price of raw materials, shipping costs, market maturity, energy prices, demand, and supply. As coke continues to be the country’s major fuel for steel factories, calls for decarbonizing steel have become louder in response to environmental and sustainability concerns. Although the defossilisation of the steel industry is unquestionably a step in the right direction, it directly affects both steel quality and pricing. Due to the close relationship between pricing and quality, variables impacting steel quality also affect pricing.
How are the global supply chain challenges adding fuel to the existing difficulties of steel businesses?
Any supply chain interruption has an impact that cascades down the value chain. India must rely on imports to fulfil its needs for the coke needed to make steel. The pandemic’s negative effects on the steel industry have delayed its comeback. The road to recovery for the steel industry appears to be likely to be a long one amid the escalating uncertainty and falling global demand for steel. Due to the interconnected nature of the world, where markets and economies are linked as components of a single global economy, conflicts and economic recessions anywhere in the world may further exacerbate already existing problems.
How is your organisation contributing to the sustainability requirements of the construction infrastructure sector?
There is a growing concern for sustainability and eco-sensitivity across sectors globally. The construction sector too is cognizant of the urgency for a reduction in carbon footprint, enhanced longevity of materials, and a more sustainable manufacturing and distribution process. Kamdhenu has invested in a cutting-edge research and development laboratory where cutting-edge technologies and best practices are fine-tuned to reduce carbon footprint, improve sustainability, reduce waste, and promote the efficiency of processes and procedures used in the manufacture and sale of building materials.
What are your views on recycling and reusing steel waste for various applications?
As responsible producers, we are well aware of the need for sustainability and realise that sustainable practises and growth and development must coexist. Reducing waste during the production and use processes is one strategy to ensure sustainability. Another sustainable practice that will aid in the cause of sustainability is the reuse of discarded products. In order to increase manufacturing efficiency, Kamdhenu has implemented cutting-edge technologies and promoted sustainable manufacturing practices. It is important to encourage and spread the practice of recycling and reusing steel waste at all levels.
For more details visit: https://www.kamdhenulimited.com/
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