Cost of Steel Pipes & Square Rods in Nigeria 2024

There is more demand for steel products, especially steel pipes and rods, because of this rise in infrastructural development and the real estate market, however, it can be hard for contractors, builders, and individual project owners to deal with the often-changing cost of steel pipes & square rods in Nigeria.

In this detailed post, we will look at how much steel pipes and bars cost in Nigeria right now, in the year 2024.  We’ll also discuss what causes prices to change, how prices change based on size, type, and grade, and how to get the best deals on steel products.

Also see: Cost Of Tipper Trucks In Nigeria

Prices of Galvanized Pipes in Nigeria (April 2024)

Galvanized pipes are inexpensive, long-lasting, and corrosion-resistant, making them ideal for many uses in Nigeria.

The construction industry makes extensive use of them, including in the following areas: plumbing, fences, electrical conduits, scaffolding, and greenhouse frames.

Below is a price list of galvanized pipes in Nigeria

Types	Average Price
1 Inch by 2mm Galvanized Pipe	₦9,500
1.5 Inch by 1.5mm Galvanized Pipe	₦4,500
1.5 Inch by 2mm Galvanized Pipe	₦15,500
1.75 Inch Galvanized Pipe	₦6,938
2 Inch Galvanized Pipe	₦10,900
2.5 Inch Galvanized Pipe	₦12,500
3 Inch by 1.5mm Galvanized Pipe	₦15,000
3 Inch by 3mm Galvanized Pipe	₦22,000
4 Inch by 1.5 mm  Galvanized Pipe	₦12,000
4 Inch by 3 mm  Galvanized Pipe	₦50,000
4 Inch by 2 mm  Galvanized Pipe	₦19,000
6 Inch by 3 mm  Galvanized Pipe	₦75,000

Prices of Square Rods in Nigeria (April 2024)

Another useful type of metal product that is popular in Nigeria is square rods. Square rods are strong, last lasting, and are easy to weld together.

There are many ways that square rods are used in Nigeria, such as: construction of gates, grills, bars, fences, trusses, and other building projects

Below is a price list of square rods in Nigeria

Sizes of Square Rod	Average Price
Square Rod 8mm	₦1,700
Square Rod 10mm	₦2,000
Square Rod 12mm	₦2,600
Square Rod 14mm	₦4,000
Square Rod 16mm	₦4,500
Square Rod 20mm	₦18,000

Prices of Square Pipes in Nigeria (April 2024)

The strength, rigidity, and convenience of working with square pipes—also known as hollow structural sections (HSS)—make them ideal for a wide range of industrial applications in Nigeria, including construction, furniture, and more.

They may be customized to fit a wide range of projects.

See the price list of Square Pipes in Nigeria below.

Sizes of Square Rod	Average Price
1″×1″ Square Pipe 1.2mm	₦2,500
3⁄4×3⁄4 Square Pipe 1.5mm	₦3,000
1 ½ by 1mm	₦5,000
1 ¼ by 2mm	₦8,000
2×2 Square Pipe 2mm	₦12,000
2×1 Square Pipe 1mm	₦ 5,000
2×1 Square Pipe 3mm	₦ 14,000
2×1 Square Pipe 2mm	₦6,000
2″ by 1″ by 1.2mm Square Pipe	₦5,800
11⁄2×11⁄2 Square Pipe 2mm	₦6,000
11⁄2×11⁄2 Square Pipe 1.5mm	₦5,500
4×2 Square Pipe 1.5mm	₦13,500
4×2 Square Pipe 3mm	₦22,000
3×1 ½  Square Pipe 1.5mm	₦13,500
3×3 Square Pipe 2mm	₦ 15,000
3×3 Square Pipe 1.5mm	₦ 14,000
3×3 Square pipe 1.2mm	₦ 8,000
3×3 Square pipe 5mm	₦ 24,000
6×4 Square Pipe 8mm	₦ 100,000

Prices of Black and Seamless Steel Pipes in Nigeria (April 2024)

In Nigeria, seamless steel pipes are employed in many sectors due to its strength, durability, and high pressure resistance.

A solid circular steel billet is punctured and rolled into a hollow tube without welded seams.

The seamless construction makes them stronger and leak-resistant than welded pipes.

See the price list of Black and Seamless Steel Pipes in Nigeria

Sizes of Steel Pipes	Average Price
100mm Mild Steel Pipe Seamless	₦ 110,000
3 inches 5mm Black Steel Pipe	₦ 60,000
2 inches Black Steel Pipe	₦35,000
4 inches Black Steel Pipe	₦70,000
½ inches Black Steel Pipe	₦20,500
1 inch Black Steel Pipe	₦28,500
3 ¼ Black Steel Pipe	₦2,500

How to Understand Price Changes for Steel Pipe and Rod

The prices of steel pipes and rods can look complicated, however, we will look at some of the factors that determine the cost of steel pipes and square rods in Nigeria.

Size: The price is affected by both the width of the pipe and the thickness of the rod. Rods with bigger widths and thicker walls will usually cost more because they use more material.

Type: Prices change for different types of pipes and rods, like seamless vs. welded pipes or mild steel vs. high-tensile steel rods, because of how they are made and the properties of the materials used.

Grade: There are different grades of steel, and each has its own strength and performance qualities.

Higher-grade steel bars and rods will cost more than lower-grade steel because they are made to hold more weight.

Surface Finish: If steel pipes and bars are galvanized, black, or something else, the finish on the outside can change the price.  However, pure steel are the ones that cost more and are used for situations where heavy loads are resting on the steel.

Galvanized choices are more resistant to rust, but they usually cost more.

Quantity: When you buy steel pipes and rods in large amounts, suppliers often offer discounts.

How To Get The Best Deals On Steel Pipes & Rods In Nigeria

Compare Prices from Several Sellers: Get quotes from several steel retailers and wholesalers. Don’t be afraid to ask for better prices, especially if you want to buy more. You can get several dealers and retailers on platforms like JIJI.

Consider Local Steel Mills: Nigeria doesn’t make a lot of steel on its own, but if you can, look into choices from local steel mills.

This can help make us less dependent on the prices of imports.

Plan what you’ll buy: If you can, plan for how much steel you will need. This lets you benefit from any price changes or holiday sales that might happen.

Find deals on off-cuts: Offcuts, which are shorter lengths left over from bigger sales, may be cheaper from steel suppliers. These might work for smaller tasks.

Watch out for Poor Quality: A very low price might be a sign of poor quality steel. Make sure the sellers you buy from have good reputations and offer quality certificates for their goods.

Market Trends and What the Future Holds for Nigerian Steel Prices

The prices of steel pipes and rods in Nigeria are still hard to predict because of how many global and local factors affect each other. But some important trends may give us clues of what to expect in the future:

Increased Domestic Production: The government of Nigeria wants to increase the output of steel in the country.

In the long run, this could lead to more stable prices and maybe even lower ones if it works.

Infrastructure Development: Nigeria’s current projects to improve its infrastructure are likely to keep driving steel demand.

Prices might go up because of this, especially in the short run.

Changes in the global steel market: Trends in the global steel market will continue to affect prices in Nigeria.

Keeping up with the costs and predictions of demand for steel production around the world can help you make smart buying choices.

FAQs – Cost of Steel Pipes & Square Rods in Nigeria 2024

How many steel companies are there in Nigeria?

According to claims in the media, there may be approximately 21 steel mills in Nigeria that are operational. This could provide a more accurate picture of the companies who are actively involved in the manufacturing of steel on a greater scale.

Which is the largest steel industry in Nigeria?

The African Industries Group (AIG) is thought to be Nigeria’s biggest steel-making business right now. They focus on making a wide range of steel goods and have a network of steel mills. In Nigeria, AIG makes steel and sells it to a variety of customers.

Which town in Nigeria is noted for its iron and steel industry?

Even though Nigeria doesn’t have a town that is only for the iron and steel business, Ajaokuta, Kogi State, is one of the most important places in this field. 

Ajaokuta Steel Mill is a huge steel mill supposed to be the biggest in Nigeria and a sign of the country’s plans to make steel in its own country.

The town has iron ore reserves that can be used for production. Iron ore is an important raw material for making steel.

What is the length of galvanized pipe?

The galvanized pipe usually comes in 20 ft 6 meters

Conclusion

To figure out how much steel pipes and rods cost in Nigeria, you need to know what factors affect prices, how to buy them wisely, and how prices change over time.

By following the advice in this guide, you can make smart choices that will help you get the best deal on steel and make sure your building project goes well.

Do not forget that talking to a trained professional about choosing the right steel for a project can be very helpful.