There are several benefits to doing things this way, but one of the most obvious is that steel can be extremely vulnerable to rust, especially in areas with a heavy exposure to saltwater. Zinc acts as a natural barrier to rust, making the steel more durable to conditions that might otherwise begin to chip away at it.
Aside from the obvious benefit of inhibiting rust and protecting the carbon steel underneath, zinc actually does this by oxidizing itself. Think of it as almost as “self-sacrifice” by the zinc that keeps the steel strong. This dramatically increases the life span of the steel, as well. It’s a very short process that takes only minutes to do, and since zinc is common and inexpensive, it’s a natural fit to combine with the steel needed to build a wide variety of goods.
There are pros and cons to going either direction.
Hot dipped galvanized coatings may not look as smooth but they tend to last a lot longer. Also, the zinc oxidizes before the steel which means that raw steel is still in better shape to hold up against decay. It lasts a very long time and looks more rugged, but it is also more expensive than a simple zinc coating.
Zinc coated carbon steel is more economical since it is inexpensive. However the coating is much lighter than with hot dipped steel, so the coating will wear away much more quickly – no seventy years of coating here. It does look cleaner and a lot smoother if appearance matters.
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