How Much Will Your Steel Building Cost?
Want to know how much your steel building will cost? Here are three of our most popular sizes to give you a reference.
30x40
With the current market, a steel 30x40 building will cost between $24,000 to $37,200 depending on your location.
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40x100
With the current market, a steel 40x100 building will cost between $80,000 to $124,000 depending on your location.
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100x150
With the current market, a steel 80x80 building will cost between $300,000 to $465,000 depending on your location.
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What are the Lasting Effects?
Nobody knows how long this chip shortage will last, but many experts are agreeing that it will likely end during the second half of 2022. If this happens, the auto industry will once again be back to full throttle and at least 12% of all steel will go back to cars again. This means higher steel prices in the future.
Every year something new seems to affect the price of steel in one way or another and this year is no different:
– (2019) Steel tariffs increased raw steel prices
– (2020) Lockdowns and restricted labor caused a shortage in raw materials
– (2021) Reopening businesses are causing steel prices to steadily increase
– (2022) The return of microchips will create a steel price boom
