Local Turkish rebar prices increase sharply after holiday

Monday, 23 March 2026 17:15:12 (GMT+3)   |   Istanbul

Turkish rebar mills have started the post-holiday week with a significant price increase in the domestic market amid slightly positive demand expectations for spring, higher expectations for import scrap and billet prices, and the impact of the war in the Middle East. However, although some sales have been done in some regions, buyers are still purchasing according to their daily requirements and are avoiding piling up significant stocks.

Official rebar offers and workable prices for cash payment in the Marmara and Izmir regions, including İçdaş' prices, have settled at $580-590/mt ex-works and $575-585/mt ex-works, respectively, as compared to March 12. These prices indicate an increase of $10-20/mt over the same period. One Izmir-based mill opened its rebar sales at TRY 30,800/mt ($579/mt) ex-works today, with an increase of TRY 1,000/mt ($15/mt) over the same period. According to sources, around 10,000-20,000 mt have been traded in the Izmir region at $575-580/mt ex-works.

One of the Iskenderun region-based mills has set its official rebar price today at TRY 30,500/mt ($573/mt) ex-works, also up by TRY 500/mt ($6/mt) compared to March 12. Sources report that several Iskenderun-based rolling mills are offering rebar today to serious buyers at TRY 30,300-30,400/mt ($569-571/mt) ex-warehouse, up by TRY 900/mt ($14/mt) over the same period.

Domestic mills’ higher rebar prices have triggered another increase in the spot market by TRY 1,000/mt ($15-16/mt). Currently, local 12 mm rebar prices in the spot market are in the range of TRY 30,500-31,000/mt ($573-582/mt) ex-warehouse, depending on the region.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
12.03.2026 12.03.2026
Marmara 8 mm 610 32,500 +15 +1,000
Marmara 12 mm 582 31,000 +15 +1,000
Iskenderun 8 mm 601 32,000 +15 +1,000
Iskenderun 10 mm 595 31,700 +15 +1,000
Iskenderun 12 mm 573 30,500 +16 +1,000
Izmir 8 mm 601 32,000 +15 +1,000
Izmir 10 mm 595 31,700 +15 +1,000
Izmir 12 mm 573 30,500 +16 +1,000
Karabuk 8 mm 601 32,000 +15 +1,000
Karabuk 12 mm 573 30,500 +16 +1,000

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 44.38


Similar articles

Turkish rebar spot prices mostly soften ahead of Eid holiday

21 May | Longs and Billet

Local Turkish rebar spot prices soften amid sluggish demand, mills struggle to pass higher scrap costs to prices

14 May | Longs and Billet

Turkey’s Icdas raises its longs prices amid support from scrap segment

22 Apr | Longs and Billet

Local Turkish ex-works and spot rebar prices fall further on dollar basis

13 Apr | Longs and Billet

Turkey’s Icdas cuts its longs prices amid sluggish demand

13 Apr | Longs and Billet

Turkey’s Icdas increases its official longs prices by $10/mt amid higher production costs

06 Apr | Longs and Billet

Local Turkish rebar prices increase significantly amid cost pressure

26 Mar | Longs and Billet

Turkey’s Icdas increases its longs prices further on March 25

25 Mar | Longs and Billet

Turkey’s Icdas increases its longs prices on March 23

23 Mar | Longs and Billet

Turkey’s Icdas hikes its longs prices once again on March 16

16 Mar | Longs and Billet

Marketplace Offers

Deformed Bar
Diameter:  8 - 40 mm
CONARES METAL SUPPLY
Deformed Bar
Diameter:  6 - 32 mm
ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
YOTTA TRADING
Deformed Bar
Diameter:  8 - 32 mm
SHATTAF STEEL IND. CO. LLC.