In every investment decision, the two factors that are always put first are “How much does it cost?” and “How long does it take to complete?”. In the industrial construction industry, the confrontation between steel structures and reinforced concrete also revolves around these two core questions.
This article will analyze in depth the factors of cost and construction speed, explaining why steel structures are often the choice that brings superior economic efficiency to investors.
1. Construction Speed: The “Golden” Advantage of Steel Structures
The factor that makes the biggest difference in time is the construction process.
- Steel structure: The components are prefabricated at the factory while the foundation is being constructed at the construction site. Once the components are transported, the main job is just to assemble them with bolts. This process is very fast and is less affected by the weather. The construction time of a steel house can be only 1/3 of that of a reinforced concrete house.
- Reinforced concrete: The on-site construction process (pouring molds, waiting for concrete to set) takes a lot of time and depends greatly on weather conditions (rain, sun).
Business benefits from speed:
- Fast capital recovery: Shortening construction time means the factory can go into production sooner, generating revenue and helping investors quickly recover capital.
- Reduce management costs: Shorter construction time helps reduce indirect costs such as project management costs, supervision costs, space rental costs, etc.
- Seize market opportunities: In a competitive business environment, getting a product to market a few months ahead of your competitors can be a huge strategic advantage.
2. Total Cost of Ownership Analysis
Many people think that steel costs more than concrete, but that is only part of the puzzle. To get an accurate view, it is necessary to analyze the total investment cost.
Direct costs
- Steel structure: Although the cost of steel materials may be higher, savings are realized in other areas. The lighter weight of the structure reduces the cost of the foundation. The quick erection reduces the cost of labor. Overall, the cost of building a steel frame factory is usually lower.
- Reinforced concrete: Initial material costs may be lower, but labor costs, formwork costs, and the cost of a larger foundation system often push the total construction cost higher.
Indirect costs and opportunity costs
- Steel structure: As analyzed, fast speed helps reduce indirect costs and increase early revenue, bringing great economic benefits.
- Reinforced concrete: Long construction times increase indirect costs and slow down revenue generation.
3. Life Cycle Costs
- Steel structure: Maintenance costs are lower because steel surfaces are easy to inspect and repair. In particular, when it comes to changing functions or expanding, the cost of renovation with steel structures is much lower and easier than having to break down concrete.
- Reinforced concrete: Although durable, repairing cracks, leaks, or scaling is often costly and complicated.
Conclusion: When looking at the whole picture from speed, total investment cost to life cycle cost, steel structure proves to be a superior economic solution. It not only saves initial construction cost but also brings long-term financial benefits through optimizing cash flow and future flexibility.
WHY SHOULD YOU CHOOSE HAI LONG CONSTRUCTION AS A STEEL STRUCTURE PRODUCTION AND INSTALLATION UNIT?
With more than 25 years of experience in the field of manufacturing & erecting steel structures, Hai Long Construction is proud to be Leading reputable unit, providing customers with complete construction solutions, meeting all needs and requirements.
- Team experienced engineers, architects and experts, knowledgeable about the design and construction of warehouse factories according to international standards.
- Diverse construction capacity, meeting all project sizes and requirements, from simple to complex factories.
- Possessing a system of modern machinery and equipment, with a capacity of nearly 50.000 tons/year, ensuring fast, accurate and safe construction.
- Professional construction process, is strictly managed.
You are looking for one Prestigious and professional steel structure manufacturing and erection unit? Please contact Hai Long Construction for free consultation and quote:
- HAI LONG CONSTRUCTION JOINT STOCK COMPANY – MEMBER OF TAIYO GROUP
- Address: Taiyo Building, 97 Bach Dang, Hong Bang Ward, Hai Phong City, Vietnam.
- Hotline: 084 6625 888
- Email: info@hailongjsc.vn
