Iron Rod (Rebar) Price in Nepal — Per Kg Rate and Construction Cost Impact

Rebar price today | Steel price Nepal construction | TMT bar grades explained

Steel reinforcement bars — commonly called rebar or TMT bars — form the structural backbone of any concrete building, and their price has a direct, outsized impact on your total construction budget. This guide breaks down today's rebar price by brand and grade, explains why steel prices in Nepal track international scrap and steel markets so closely, and covers the TMT grades you need to know before starting construction.

Current Price Per Kg / Per Bundle by Brand

Rebar is typically sold per kilogram or per bundle (a standard bundle contains multiple bars of a set length and diameter). Update the table below with the latest dealer rate before publishing.

How Rebar Price Is Linked to International Steel and Scrap Prices

Nepal's steel industry relies heavily on imported scrap metal and billets as raw material for local rolling mills, meaning domestic rebar prices closely track international scrap and steel benchmark prices, converted through the prevailing USD/NPR exchange rate. When global steel demand rises — often driven by large economies' infrastructure spending — or scrap supply tightens, Nepali rebar prices tend to follow within a matter of weeks as import contracts reset.

Impact on Overall Home Construction Budgeting

Steel typically accounts for a significant share of the structural material cost in a typical residential building — often ranking alongside cement as one of the two largest material expenses. Because rebar prices can swing meaningfully within a single construction timeline, many contractors recommend either locking in bulk pricing with a supplier early in the project or building a contingency margin into the budget specifically to absorb potential steel price increases during a multi-month build.

Quality Grades (TMT Bar Standards) Explained

Fe 415: The base grade, offering standard yield strength — generally suitable for smaller, low-rise structures with lighter structural loads.

Fe 500: A widely used mid-tier grade offering higher yield strength than Fe 415, common in general residential construction.

Fe 500D: Similar strength to Fe 500 but with improved ductility (the 'D' denotes ductile), giving it better performance in absorbing seismic stress — a meaningful consideration in Nepal's earthquake-prone geography.

Fe 550D: A higher-strength, high-ductility grade typically used in larger or more structurally demanding buildings, at a corresponding price premium.

Frequently Asked Questions