I have done something like that for water tanks.
But what i used was precast concrete pipe lined with a homebuild 60 mil PVC water tank liner.
You can buy 60 mil PVC plastic sheet and using PVC cement to glue together a liner that will fit inside a upright precast concrete pipe the put a
wood or concrete cap on the top.
www.concretepipe-mi.org...
www.soilmovers.com...
My system was movable with a forklift so that the tanks could be taken apart and moved if needed.
You also can get large precast pipes to make farm or cabin tanks that will hold a 1000 gals or more.
One thing i did like about the ones i built in the desert was if you have a good water source you can put drip system to keep the out side of the
concrete pipe wet and the water will stay cold even in hot weather.
The best think about using precast concrete pipe is that its a lot more bullet proof,
I have seen many steel tanks shot full of holes.
This has never happened with the concrete pipe tanks.
I have done a few to show rancher how to build them to replace there steel tanks at windmill sites.