[ Case Study ]
[ Case Study ]
Total cost in AUD for 25 years
25,000,000
20,000,000
15,000,000
10,000,000
Carbon steel Stainless steel
AUD 6.2 million over a 25-year term or AUD 250,000 per year when compared with carbon steel . The stainless steel products are expected to last much longer than 25 years , delivering further cost savings for the City of Melbourne . While there may be a higher capital cost initially , the benefits of using stainless steel are unmatched in its material performance and reduction in ongoing maintenance and life-cycle costs .
5,000,000
This article was adapted and originally published by World
0 YEAR 1 YEAR 5 YEAR 10 YEAR 15 YEAR 20 YEAR 25
Stainless : www . worldstainless . org . Kindly republished with permission
The total cost of products made from carbon steel was AUD 21.1 million :
• AUD 4 million in procurement costs .
• AUD 4 million in early replacement ( re-procurement ) costs .
• AUD 600,000 in maintenance costs ( i . e ., graffiti removal and re-coating of surfaces ) per year .
The total cost of products made from stainless steel was AUD 14.8 million :
• AUD 6.2 million in procurement costs .
• AUD 400,000 in maintenance costs per year .
Choose stainless steel Stainless steel street furniture products realised a financial saving of of the Australian Stainless Steel Development Association ( ASSDA ), a non-profit industry group that has been developing a strong and vibrant stainless steel industry in Australia since 1992 . For information , visit www . assda . asn . au
www . stainless-steel-world . net Stainless Steel World June 2023 33