๐ฉ Iron Rods & Steel Prices in Lagos
Current Lagos prices for iron rods & steel โ brands, units, change percentage and where to buy. Updated 2026.
4 items trackedCheapest: Iron Rod 10mm (per length) (โฆ800)
Iron Rods & Steel โ current prices
4 iron rods & steel items with retail prices, trends, and where to buy in Lagos
Iron Rod 12mm (per length)
per per piece
โฆ1,200โ1,500
+10.0%
๐ Owode Onirin Market ยท Dosunmu Market, Lagos Island +1
Iron Rod 16mm (per length)
per per piece
โฆ1,800โ2,200
+10.0%
๐ Owode Onirin Market ยท Dosunmu Market
Iron Rod 10mm (per length)
per per piece
โฆ800โ1,100
+8.0%
๐ Owode Onirin Market ยท Dosunmu Market
Binding Wire (per roll/kg)
per per bundle
โฆ5,300โ6,800
+5.0%
๐ Owode Onirin
| Material | Unit | Price | ฮ% | Where to buy |
|---|---|---|---|---|
Iron Rod 12mm (per length) 12mm is the most commonly used size for residential construction โ columns, beams, lintels. TMT (Thermo-Mechanically Treated) steel is strongest. ๐ก Check for the SON (Standards Organisation of Nigeria) stamp. Avoid tokunbo (used) rods โ they have invisible stress fractures that compromise structural integrity. ๐ฆ 1 ton (76 pcs): N165,000-N175,000 | per piece | โฆ1,200โ1,500 | +10.0% | ๐ Owode Onirin Market ๐ Dosunmu Market, Lagos Island ๐ Alaba |
Iron Rod 16mm (per length) 16mm is used for heavier structural elements โ main columns, ground beams, suspended slabs. Required for multi-story buildings. ๐ฆ 1 ton (55 pcs): N175,000-N185,000 | per piece | โฆ1,800โ2,200 | +10.0% | ๐ Owode Onirin Market ๐ Dosunmu Market |
Iron Rod 10mm (per length) 10mm for lighter structural elements โ ring beams, minor lintels, BRC mesh alternative. ๐ฆ 1 ton (85 pcs): N165,000-N170,000 | per piece | โฆ800โ1,100 | +8.0% | ๐ Owode Onirin Market ๐ Dosunmu Market |
Binding Wire (per roll/kg) Used to tie iron rods together at joints. Flexible binding wire is standard. Buy per bundle or 10kg roll. ๐ฆ 10kg roll: N43,500-N48,000 | per bundle | โฆ5,300โ6,800 | +5.0% | ๐ Owode Onirin |
Related labor rates
Construction artisans you'll work with for iron rods & steel
| Role | Daily rate | Monthly rate |
|---|---|---|
Welder/Iron Bender Bends and ties iron rods for reinforcement. Also fabricates gates, burglar-proof bars, and railings. | โฆ4,000โโฆ8,000 | โฆ80,000โโฆ160,000 |
Laborer (General) Carries materials, mixes mortar, assists artisans. A site needs 3-6 laborers depending on project size. | โฆ3,000โโฆ5,000 | โฆ60,000โโฆ100,000 |
Site Engineer/Foreman Supervises construction, reads drawings, manages artisans. A qualified site engineer prevents costly structural mistakes. 5-7% of project budget. | โฆ15,000โโฆ30,000 | โฆ350,000โโฆ600,000 |