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Steel slag road technology from CSIR-Central Road Research InstituteSteel Slag Road technology paves the way for the sustainable and eco-friendly utilisation of 19 million tonne of waste steel slag generated annually in India as solid waste from various steel plants. CSIR-CRRI...

Steel slag road technology from CSIR-Central Road Research InstituteSteel Slag Road technology paves the way for the sustainable and eco-friendly utilisation of 19 million tonne of waste steel slag generated annually in India as solid waste from various steel plants. CSIR-CRRI has pioneered the development of steel slag road technology by constructing the world's first steel slag road in Surat, using processed electric arc furnace steel slag aggregates. These aggregates are produced at Arcelor Mittal Nippon Steel’s Hazira plant under CSIR-CRRI’s technological guidance, through the valorisation of waste steel slag as processed steel slag aggregates. Approximately one lakh tonne of processed steel slag aggregates have been utilised as a 100 per cent substitute for natural aggregates in the construction of this six-lane bituminous steel slag road, including the road median and shoulders. Steel slag roads can be constructed with two-thirds the thickness of conventional roads using natural aggregates under identical design traffic conditions, resulting in a cost savings of 30 to 40 per cent. These steel slag roads can withstand heavy traffic and adverse weather conditions due to their high structural stiffness. They remain pothole-free and do not require structural rehabilitation for an extended period. Approximately 95 per cent of the road volume is built using processed steel slag aggregates, which are around 50 to 60 per cent cheaper than natural aggregates.REJUPAVE from Verma Industries and CSIR-CRRIDeveloped jointly by CSIR-Central Road Research Institute and Verma Industries, REJUPAVE (rejuvenator for bituminous pavement recycling) is an innovative product revolutionising road construction and maintenance in India by effectively recycling distressed bituminous layers in a road structure. In India, where most roads are bituminous pavements, regular resurfacing every three to four years is essential to maintain quality. Traditionally, this involved overlaying distressed pavements with fresh bitumen and aggregates, significantly increasing pavement thickness. In place of this practice, distressed bituminous layers can be milled and reutilised through indigenously developed technology REJUPAVE using a hot recycling process. This can not only lower the cost of maintenance but also conserve the bituminous binder. REJUPAVE employs a bio-oil-based rejuvenator that allows for the hot recycling of up to 70 per cent of reclaimed asphalt pavement material (RAP) in a new bituminous mix for binder and wearing course layers.REJUPAVE utilises a bio-oil-based rejuvenator made from plant-based raw materials, emphasising sustainability, and minimising environmental impact. Its ability to restore the viscoelastic and rheological properties of oxidised bitumen binders enhances pavement performance and longevity, contributing to more durable and resilient road infrastructure.

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Infrastructure Urban

USA Mortgage Rates Reach 6.95%

In July 2024, the average mortgage rate in the USA rose to 6.95%, marking a significant increase and impacting homebuyers nationwide. This upward trend in mortgage rates is attributed to several economic factors, including inflationary pressures, shifts in the Federal Reserve?s monetary policy, and broader market dynamics. The rise in mortgage rates presents challenges for potential homebuyers, making borrowing more expensive and potentially slowing down the housing market. Higher rates can lead to increased monthly payments for homeowners, reducing affordability and potentially deterring new ..

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Real Estate

Toronto Home Sales Increase 4.2%

In June 2024, home sales in Toronto experienced a notable rise, increasing by 4.2% compared to the previous month. This growth highlights a positive trend in the Toronto real estate market, indicating robust buyer activity and a favorable environment for sellers. Several factors contribute to this uptick, including attractive mortgage rates, strong demand for housing, and a stable economic backdrop. The Toronto Regional Real Estate Board (TRREB) reported this increase, pointing to heightened buyer confidence and competitive market conditions. Despite rising interest rates in other parts of Nor..

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Real Estate

New Zealand Boosts Home Construction

New Zealand is set to implement regulatory changes aimed at boosting home construction to address the nation's housing shortage. The government plans to streamline building consent processes, reduce construction costs, and increase the supply of affordable housing. This initiative is part of a broader strategy to make housing more accessible and alleviate the pressure on the housing market. Key elements of the regulatory overhaul include simplifying the approval process for new housing projects and reducing bureaucratic hurdles that often delay construction. By cutting red tape, the government..

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