IN THIS ISSUE
FEATURED PROJECT - FOLLOW UP
STEEL MARKET NEWS
FAST TRACK PROJECTS
ANNUAL DISTRIBUTOR TRAINING
INSIDE AGRISTEEL
FEATURED PROJECT - FOLLOW UP
AGRISTEEL DISTRIBUTOR - RUCHTY BUILDERS
PROJECT NAME - SUN MOUNTAIN
LOCATION - NEW BAVARIA, OH
Construction has been completed on the 350' x 638' tunnel ventilated freestall barn for Sun Mountain Dairy, located in New Bavaria, OH. This large freestall barn was designed and constructed by Agristeel's Ohio distributor, Ruchty Builders who are located in New Weston, OH.
Ruchty Builders is a family owned business which was incorporated in 1997. They are a leader in the agriculture industry throughout Ohio and Indiana.
STEEL MARKET NEWS
We have seen a pretty dramatic change in market conditions as a result of the war between Russia and the Ukraine. As we are all aware, it has also driven up oil prices dramatically which impacts not only trucking and transportation costs but energy costs at the mill. Russia and Ukraine are significant exporters of pig iron (responsible for 56% of global pig iron supply), coal, and gas.
These commodities have a significant impact on hot and cold rolled steel and Zinc markets. These materials are typically comprised of around 20% pig iron, with other industries consuming much greater proportions. The net effect is the mills have announced a number of price increases and in some cases recently have suspended quoting or taking orders for a period of time. This has led to a lot of uncertainty in the market. In march, SSAB went one step further by announcing they will be adding a scrap surcharge starting this month.
The market is predicting a long-term impact on future steel pricing due to increased cost of production and constrained supply. There are many conflicting pressures on the pricing, and we expect this to be a dynamic situation over the coming months.
FAST TRACK PROJECTS
AgriSteel is currently 8-12 weeks for building delivery on a standard building package. We are pleased to offer our Fast Track buildings. These buildings would consist of low complexity rating, meaning that we can pass through design and engineering efficiently to get it into production and out the door quickly. You will sill receive the same quality building but in a faster time frame. Lead times for a Fast Track building typically range between 6-8 weeks. Please contact your Agristeel Representative for more information.
ANNUAL DISTRIBUTOR TRAINING
INSIDE AGRISTEEL
Agristeel is always striving to be the best. This includes upgrades to equipment within our fabrication facility. We are excited with the addition of our new GEKA Hydracrop 165SD Ironworker w/ hydraulic punching hold down and CNC functions. By investing in new equipment, we can better control quality while gaining efficiency. The new iron worker is capable of shearing and punching 1” thick plate, while reducing warping and distortion by utilizing the hydraulic hold down.