Steel Fabricators working towards an energy efficient culture
The global recession has hit so many businesses and industries forcing many to raise their prices. Steel Fabricators too have been in a position where the basic costs of raw materials have increased by as much as 80% in comparison to 2009. These raw materials include coking coal and energy prices in general. In light of this it has become necessary to look at ways in which to save energy to maintain profitability. Consumers have become fussy and are watching their pockets very carefully. Price is a major determining factor and by increasing their asking price for products Steel Fabricators can see themselves losing market share.
Electricity, gas and coal are all necessary inputs for the steel fabrication industry. The melting of scrap metal is usually done in electric furnaces. The capabilities of these furnaces is what is responsible for the refining process allowing them to produce higher grades of steel and alloy. Fine grades promote quality in the product. Electricity also supplies the power to computers that synchronise some of the major equipment in these factories. Natural gas has been chosen over other gases for its ability to burn hotter and cleaner. Natural gas furnaces are used to reheat the steel bars after they have been cooled and set.
This heavy reliance on energy input to create a finished product is what has been driving Steel Fabricators to reduce their energy costs. A major kickback to this is that there is also a reduction in carbon emissions and a sense of responsibility towards the environment. These changes have been made possible by:
.Capital investments into energy saving products, equipment and facilities
Energy efficiency also influences operating efficiency. Wasting time and energy and unnecessary steps in the production process is a huge energy waster. A fine tuned operation is the major contributing factor to top quality finished products.
It is clear that by starting to focus on their carbon footprint Steel Fabricators have been able to save the environment and save themselves money with the added benefit of remaining competitive in their prices and staying in the game.
Steel fabricators can affect further saving by switching energy providers, looking at the services of an energy broker such as PCM Switch to do a price comparison; they offer a free service, impartial in their recommendation to ensure that you the customer will save up to 70% on your energy bills. Contact PCM Switch Today.
Head Office: EATON HOUSE, STATION ROAD, LEEDS, LS20 8XB Company Registration: 4704157 Vat Registration: 817013852