A&P Grain President Dave Altepeter said the steel used in their bins is made in the United States, but domestic steel prices also have soared because of the tariffs.
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U.S. steel mills typically adjust their prices once a year, normally in the first quarter, Altepeter said. But this year, those prices have jumped four times, he said.
The price of steel used in A&P’s grain bins has jumped about 20 percent since January 1.
“Any time there’s any type of negative talk that affects the steel mill, they’ve raised the price,” said Altepeter.
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