Farmers interested in adding grain storage capacity are wondering when steel prices will soften.
Kent Craighton with Iowa-based Sukup Manufacturing, the world’s largest family-owned manufacturer of grain handling equipment, tells Brownfield there aren’t many indications the cost of steel will be coming down soon.
“And there’s a lot of different types of steel. The type of steel we use, coil galvanized, has not really softened a whole lot yet. And from what we can tell, it’s probably not going to anytime real soon.