Local Turkish rebar spot prices follow diverse trends as week begins

Monday, 28 April 2025 16:26:13 (GMT+3)   |   Istanbul

As of today, April 28, Turkish domestic rebar spot prices have decreased by TRY 100/mt ($4/mt) in the Marmara and Iskenderun regions, while remaining unchanged in the local currency with minor changes on US dollar basis in the rest of the country , compared to Thursday, April 24. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,600-25,100/mt or $533-544/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 38.45.

The official rebar prices in the Marmara and Izmir regions vary at $540-560/mt ex-works, including Icdas A.S.’s prices, stable week on week, while the workable rebar prices in these regions vary at $530-550/mt ex-works, versus $535-545/mt ex-works previously, for cash payment only.

One Iskenderun-based mills has issued its rebar price at TRY 25,250/mt ($547/mt) ex-works today. Sources report that the workable rebar price in this region is close to TRY 24,500-24,750/mt ($531-536/mt) ex-works amid aggressive pricing.

As of today, rebar offers in the Turkish spot market are as follows:

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
24.04.2025 24.04.2025
Marmara 8 mm 566 26,100 -4 -100
Marmara 12 mm 544 25,100 -4 -100
Iskenderun 8 mm 555 25,600 -4 -100
Iskenderun 10 mm 550 25,400 -4 -100
Iskenderun 12 mm 533 24,600 -4 -100
Izmir 8 mm 555 25,600 -2 0
Izmir 10 mm 550 25,400 -2 0
Izmir 12 mm 533 24,600 -2 0
Karabuk 8 mm 561 25,900 -2 0
Karabuk 12 mm 540 24,900 -1 0

All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 20 percent VAT, while prices on US dollar basis exclude VAT.

$1 = TRY 38.45

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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