Most Turkish rebar producers have started to cut their local rebar prices due to the ongoing depreciation of the Turkish lira against the US dollar and sluggish demand.
Official dollar-based rebar offers and workable prices from mills in the Marmara and Izmir regions, including İçdaş, have fallen by $5/mt to $600-615/mt ex-works and $595-610/mt ex-works, respectively, as compared to April 22. One Izmir-based mill has set its official rebar price at TRY 32,700/mt ($605/mt) ex-works today, April 27, indicating an increase of TRY 100/mt in order to offset currency fluctuations, with remaining unchanged on US dollar basis over the same period.
An Iskenderun region-based mill set its official rebar price today at TRY 31,800/mt ($589/mt) ex-works, down by TRY 1,200/mt ($23/mt) compared to April 22, without any additional discounts for serious buyers. Sources report that several Iskenderun-based rolling mills have set their rebar prices today, for serious buyers and cash payment, at TRY 31,800-32,200/mt ($589-596/mt) ex-warehouse, with a decrease of TRY 300-600/mt ($7-12/mt) over the same period.
Currently, local 12 mm rebar prices in the spot market in Turkey are in the range of TRY 32,000-32,700/mt ($592-605/mt) ex-warehouse, falling by TRY 100-600/mt ($3-13/mt) compared to April 22.
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 22.04.2026 | 22.04.2026 | ||||
| Marmara | 8 mm | 633 | 34,200 | -3 | -100 |
| Marmara | 12 mm | 605 | 32,700 | -3 | -100 |
| Iskenderun | 8 mm | 620 | 33,500 | -13 | -600 |
| Iskenderun | 10 mm | 615 | 33,200 | -12 | -600 |
| Iskenderun | 12 mm | 592 | 32,000 | -13 | -600 |
| Izmir | 8 mm | 624 | 33,700 | -7 | -300 |
| Izmir | 10 mm | 618 | 33,400 | -7 | -300 |
| Izmir | 12 mm | 596 | 32,200 | -7 | -300 |
| Karabuk | 8 mm | 626 | 33,800 | -7 | -300 |
| Karabuk | 12 mm | 598 | 32,300 | -7 | -300 |
All prices are ex-warehouse and on actual weight basis. Prices in Turkish liras include 20 percent VAT, while prices in US dollars exclude VAT.
$1 = TRY 45.02
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