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.
Iron Rods & Steel โ current prices
4 iron rods & steel items with retail prices, trends, and where to buy in Lagos
| 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 |
๐ The Lagos context
Iron rod โ reinforcement steel โ na the skeleton of every concrete structure, e dey enter the foundation, column, beam and slab wey dey hold building up. Dem dey sell am by tonne and by length, for gauge wey dey step up with the load: 8mm and 10mm for slab and stirrup, 12mm and 16mm for column and beam, and heavier still for serious structure. To get the right gauge for the right place na structural decision, no be place to cut corner.
Steel na one of the most globally-linked material for Lagos site, so im price dey track two thing at once: the world steel market and the naira. Plenty of wetin dem dey use na locally rolled (from scrap), with imported rod for the higher end, and weak naira dey push the two up quick. Na why rod price fit jump sharp and why builder dey try buy the full structural quantity for one window instead of small-small.
Quality na the quiet risk here. Underweight or "light" rod โ wey dem roll thinner than the stated gauge to save steel โ na real problem for the market; bundle wey feel suspiciously light usually be so. Buy from established dealer (Owode-Onirin and the Trade Fair complex na the big Lagos market), weigh sample if you fit, and insist on the correct gauge. For structural build the rod no be the place to chase the lowest price โ na the place to make sure of wetin you dey collect.