IISI aims to increase steel use in construction

Archiv – The International Iron and Steel Institute (IISI) and 11 of its member companies have agreed on a programme designed to increase the use of steel in construction applications by up to 10% over the next five years. The International Iron and Steel Institute (IISI) and 11 of its member companies have agreed on a programme designed to increase the use of steel in construction applications by up to 10% over the next five years.
The leaders of seven steel companies met in London last month for the formal signing of the agreement. Present were representatives from Arcelor, BlueScope Steel, CELSA, Corus, Mittal Steel, POSCO and Tata Steel, while Secretary General Ian Christmas signed the agreement on behalf of IISI. The four other companies participating in the programme are Erdemir, IMIDRO, Ispat Industries and Ruukki.
Costing ‘‚¬14 million, the new initiative is an opt-in programme for companies active in the construction sector. Through market research, technology benchmarking, knowledge management, an international architectural competition and a demonstration building, the programme seeks to provide participants with a competitive edge in the construction market. IISI will continue to seek new programme members throughout 2005.