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14 Oct 2025
Steel and iron companies are central to Nigeria’s industrialization and infrastructural growth. They produce a range of essential materials – from rebars, rods, billets, sheets, pipes, structural steel (angles, beams), wire and nails – used in construction, manufacturing, power, automotive, oil & gas, and other sectors. Nigeria has abundant deposits of iron ore, but many companies rely on imported raw materials / scrap, or semi-finished inputs, due to issues around beneficiation, energy costs, logistics, and the state of infrastructure. To succeed, a steel/iron company must overcome challenges like high cost of power, foreign exchange volatility, transportation bottlenecks, and regulatory compliance (standards, certifications). Firms that have modern rolling mills, fabrication plants, multiple product lines, good quality control, local raw material sourcing or beneficiation, strong distribution networks, and sometimes vertical integration tend to lead. The industry also contributes to foreign exchange savings (by reducing imports) and job creation. In recent years there has been push from government and private sectors to revive large idled mills (e.g., Ajaokuta), promote local value-addition, and strengthen local content policies in steel inputs.
Often regarded as Nigeria’s largest steel/iron manufacturer; operates multiple plants, high capacity (≈1 million tonnes/year), strong export activity, wide product range including TMT rebars, billets, flat bars, etc.
More infoA top structural steel fabricator in Nigeria, with decades in steelworks, supplying to oil & gas, infrastructure, manufacturing, etc.
More infoKnown for its strong TMT iron rod brand, producing high strength rebars/rods with modern accreditation and multiple plants.
More infoIntegrated steel plant with rolling mill, continuous casting, and a variety of steel products; conforms to SON and British standards.
More infoHistoric steel company (Ikeja, Lagos) with a long-track record in steel bars, rods, angles, serving local markets.
More infoStrong in steel and iron rods, known for quality, competitive pricing, distribution in Lagos and environs.
More infoSpecializes in galvanized steel structures, power & telecom towers, structural steel construction with modern facilities.
More infoSteel wholesale & distribution; trusted for roll-outs in steel supply chain; known in Lagos region.
More infoFocuses on custom architectural steel, stairs, railings, decorative and structural steelworks.
More infoBiggest steel mill in Nigeria by design; though historically underperforming/misaligned, its size and impending revival give it potential for rank here.
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