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Current Price Of Iron Rods Per Ton In Nigeria 2024

Current Price Of Iron Rods Per Ton In Nigeria 2024

Iron Rods are essential when it comes to building construction, therefore a lot of people are interested in knowing the Current prices of iron rods per ton in Nigeria in 2024. Iron Rods are specifically made for building constructions, they are long and heavy and usually made from Iron. (You can read more on what Iron rods are on Google) So, we will talk about other key points such as, What is the best iron rod in Nigeria? How many pieces of 12mm rods make a ton?, How many 16mm iron rods make a ton?, How many 10mm bars are in 1 ton? Current price of iron rods per ton in Nigeria 2024 today, Current price of iron rods per ton in Nigeria 2024 in naira, Price of iron rod in Nigeria today per ton, How much is 12mm iron rod in Nigeria today, Price of 12mm Iron Rod in Nigeria today jiji, How much is 16mm iron rod in Nigeria today, How much is 12mm iron rod per one, and What is the current price of 12mm iron rod, so without further ado, let’s get into this topic.

Current Price Of Iron Rods Per Ton In Nigeria 2024

When it comes to Iron rods there are many sizes and lengths and types, so the price of a rod solely depends on its type and size, we have sizes like 6mm, 10mm, 12mm, 16mm, 18mm, 20mm, 25mm, 32mm, and each has its price. In general, if you want to get iron rods you need to have approximately 700,000 Naira to 1,100,000 Naira, depending on the type and ize of iron rods you are aiming for.

TypeTMT Price per tonLocal Rods Price per ton
6 mm₦700,000₦550,000
8 mm₦700,000550,000
10 mm₦1,010,000₦950,000
12 mm₦1,010,000₦950,000
16 mm₦1,010,000₦950,000
20 mm₦1,150,000₦1,000,000
25 mm₦1,150,000₦1,000,000
30 mm₦1,250,000₦1,050,000
32 mm₦1,250,000₦1,050,000

The types of Rods

The two major types of Rods we have in Nigeria are TMT Iron rods and Local iron rods, with that being said, you should know that prices also differ between both, and we will explain below more about it.

TMT Iron Rods

TMT Rods fully Thermo-Mechanically Treated, this is named after a process that makes the rods superior to the local rods, they are made to be strong, durable, and more compatible for construction.

Knowing that the TMT rod is better the price should be the next thing on your mind, however, some things affect the price of the TMT iron rod here in Nigeria.

For instance, different manufacturers produce these TMT iron rods and it is a sure thing that they wont sell at the same rate, there is a manufacturer somewhere selling cheaper than another it just depends on your location.

Another instance is the economic value, if things are expensive and the materials for making TMT iron rods are expensive, you should expect that the price will go higher than usual.

Remember I talked about the location of the manufacturer playing an important role in the price he sells, well I will elaborate more, if a manufacturer is in a location where the business doesn’t flourish he will tend to sell cheaply to sell off quickly and so many other cases will make a manufacturer sell higher or cheaper in his location.

Irrespective of the fact that the TMT iron rods are expensive, it is not deniable that the quality, strength, and durability make up and excuse the price of it. You know that spending a good money on the TMT rods gives you a durable and quality end product.

Local Iron Rods

When you here local products just know it refers to products made within the country, and Local rods simply means Nigerian made rods. Now, if you are looking to go for more accessible and affordable rods, then you might have to consider going for Nigerian made rods (Local iron rods). The fact that it is made in Nigeria doesn’t make it less of a quality.

The fact that it is easily accessed and affordable doesnt mean that there are factors affecting the accessibility and affordability, factors like the manufacturers in question and locations.

When it comes to manufacturers affecting the prices, each manufacturer determines the prices of their iron rods and depending on the quality and the demand rate it can either be expensive or cheap. Manufacturers like African Foundries Ltd (AFL) and Universal Steel Ltd are well known in the market and it is up to them to sell affordable or not.

Location also matters a lot, in a big city the prices might be higher than in the smaller areas. However, people ofetn prefer imported to locals because they believe the quality differs a lot. You should also know that you can’t always go for the local iron rods, you should consider your project and make consultations as to what type of rod you should use and also your budget.

What Is The Best Iron Rod In Nigeria?

Now, I know you are curious on the best iron rod in Nigeria, welll the answer is the Tiger TMT, they are well nown for their good quality steel rebars. You can read more about their products in their website at Tigetmt.com then you can see and understand if that’s what you will like to purchase.

Number of Iron Rods in a ton

If you are interested in knowing the number of iron rods in a ton then you should first consider the the weight of a single ton. However, it is important to know that the weight of an iron rod solely depends on the length and diameter. 12 meteres is the most common used iron rods for construction in Nigeria and it do comes in different diameters like, 8mm, 10mm, 12mm, 16mm, 20mm, and 25mm.

Iron rodsQuantity per ton
6 mm376 pieces
8 mm211 pieces
10 mm135 pieces
12 mm94 pieces
16 mm52 pieces
20 mm34 pieces
25 mm22 pieces
32 mm16 pieces

How many pieces of 16mm rods make a ton?

For a 16mm rods approximately 52 peices per tonne.

Where To Buy Iron Rods Online?

If you are looking to buy Iron rods from online stores, good thing is there are many stores you can buy yours from, websites like Jiji Nigeria, Tigertmt.com, Buildingsandmore.ng, Filta.ng, Goodfellow.com, Twinsfaja.com, Bestsales.ng, and many other websites.

You should know that the different websites also has different prices. it is up to you to choose the website with the least price within your budget.

In Conclusion

We have come to the`conclusion of the article, Current Price Of Iron Rods Per Ton In Nigeria 2024, we do hope you find it useful and look at other similar articles like, Top Best Inverter AC Brand In Nigeria, Where To Buy Starlink In Nigeria (Abuja, Lagos, & Asaba), Top Best Laptop in Nigeria With Price List, and many more in our website.