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How much for a ton of steel in Jamaica?

How much for a ton of steel in Jamaica?

Steel prices, like other commodities (primary or secondary), is heavily impacted by political and environmental and conditions.

In fact, I vividly recall the jitters here in March 2018 when there was a move by the Trump Administration in the US to impose tariffs on steel prices.

The prices have fluctuated much since, and so the now question is...


How much for a ton of steel in Jamaica?

RESPONSE: by Wellesley, January 8, 2020



At the time of writing, the average cost for a ton of steel in Jamaica today is $107,984.85 Jamaican dollars.

That's converted to approximately $830.65 USD at today's exchange rate.

Methodology


How did I arrive at that?

I reached out to twenty (20) of Jamaica's most popular hardware stores, at least one from each parish, and asked for a quote on a ton of 1/2 inch steel.

1/2 inch steel, by the way, is the most popular steel used here in the construction process.

And yes, I requested and received the final price (with taxes included).

Here is the information

#Hardware StorePhone NumberAddressParishCost For A 1/2 inch Ton Of Steel (JMD)USD Approximate
1Discount Lumber & Hardware(876) 965-5149Barnett St, Montego BaySt. James$103,685.00$797.58
2D.P.K. Hardware(876) 981-9861Kitson TownSt. Catherine$108,000.00$830.77
3Greenwood Plaza876 -953 1116142 Greenwood Avenue, Greenwood, Montego BayTrelawny$104,500.00$803.85
4DIB Hardware(876) 993-4415William St, Port AntonioPortland$108,000.00$830.77
5Brumalia Hardware(876) 962-21151 Ward Avenue, Mandeville, Ward Ave, MandevilleManchester$113,875.00$875.96
6Smart Choice Hardware(876) 957-9536Behind Texaco Gas Station, NegrilWestmoreland$106,800.00$821.54
7TOP A TINGS HARDWARE(876) 622-3113Hatfield, Main Street, MandevilleMachester$106,597.00$819.98
8Sheffield Hardware(876) 956-2522Miller's Dr, LuceaHanover$109,800.00$844.62
9James Lumber Yard And Hardware(876) 957-7545Water WorksWestmoreland$106,980.00$822.92
10Super Valu Home Centre(876) 970-0550137 Old Hope RoadKingston$125,236.00$963.35
11Peart's Hardware & Farm Supplies(876) 963-4891Main Road, WilliamsfieldManchester$110,000.00$846.15
12Stewart's Hardware Ltd (876) 986-910056 Manchester Avenue, May PenClarendon$104,850.00$806.54
13Builder's Hardware(876) 952-9237 Lot 20, Bogue Industrial Estate, Montego BaySt. James$103,555.00$796.58
14Boswell Hardware(876) 974-439511 James Ave, Ocho RiosSt. Ann$101,355.00$779.65
15North Coast Electrical Hardware(876) 726-1411OracabessaSt. Mary$108,000.00$830.77
16Phil's Hardware(876) 618-188066A Constant Spring RdKingston$98,151.00$755.01
17Lorna Clarke's Hardware(876) 955-2456Three Miles River, Savanna la MarWestmoreland$103,103.00$793.10
18Homes General Supplies And Hardware Ltd(876) 750-04038 miles, Bull BaySt. Thomas$109,510.00$842.38
19Carib Sales Hardware(876) 954-2220DuncansTrelawny$105,200.00$809.23
20Webb's Hardware(876) 967-6921Lot 29 Biscayne Ave 876, Bull BayPortland$122,500.00$942.31
Average Cost$107,984.85$830.65



Did you notice that the hardware stores in Kingston, our capital city, recorded both the highest and lowest prices?

Yup! From my little research, Super Value Home Center on Old Hope Road, appears to be most costly supplier for 1/2 inch steel at $125,236 JMD per tonne, while Phil's Hardware, located on Constant Spring Road, the cheapest in the island at $98,151 JMD per tonne.

From my sample above, the Top 5 Hardware Stores (with the best prices) are...


  1. Phil's Hardware, Kingston, $98,151.00
  2. Boswell Hardware, St. Ann, $101,355.00
  3. Lorna Clarke's Hardware, Westmoreland, $103,103.00
  4. Builder's Hardware, St. James $103,555.00
  5. Discount Lumber & Hardware, St. James, $103,685.00


Please Note...


... that these prices are only at today's date and may will likely change by tomorow, depending on various factors, internal and external.

Cost Of Building Materials In Jamaica


And what about the cost of other building materials in Jamaica? I've done some work on that already as well.

You can find the link to cost of building materials here.

I hope all this helps!

By the way, you might also be interested in getting a copy of The Latest Rate Sheet For Construction In Jamaica here.

Happy building!

Regards,
WG

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A patriotic Jamaican who adores his culture, Wellesley has been using this medium to share what he calls 'the uniqueness of Jamaica with the world' since April 2007.  

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