Based on the design concept of controllable seismic damage during earthquakes and rapid functional recovery after earthquakes, a replaceable shear link with low-yield-point steel was proposed. Quasi-static cyclic loading tests and numerical analysis were conducted on six specimens. The failure mode, seismic performance, energy dissipation behavior, and shear distribution of each specimen were carefully considered to investigate the effects of web steel, web stiffening configuration and stiffener-plate stiffness ratio. The results showed that the stiffened specimens showed full-sectional shear yielding behavior, while the non-stiffened specimens exhibited coupling behavior of web yielding and buckling. Specimens with reasonable design parameters had excellent ductility and energy dissipation capacity, with the plastic shear angle exceeding 0.157 rad and the maximum equivalent viscous damping coefficients greater than 0.51 (80% of the theoretical maximum value). Owing to the cyclic strengthening of the low-yield-point steel web and the contributions of stiffeners and flanges, the specimens showed obvious overstrength behavior, with the overstrength factor ranging from 1.99 to 2.39. The cross-stiffening configuration was conducive to enhancing the seismic performance of shear links. Smaller web width-to-thickness ratios were recommended to match with smaller stiffener-plate stiffness ratios. Extended cross stiffeners and diagonal stiffeners resulted in earlier cracking of the web welds, which adversely affected the ductility of the specimens.
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