Local Turkish rebar spot prices revised to offset currency fluctuations

Monday, 11 May 2026 16:18:15 (GMT+3)   |   Istanbul

In Turkey, official dollar-based rebar offers and workable prices from mills in the Marmara and Izmir regions, including İçdaş, have remained stable at $595-615/mt ex-works and $590-610/mt ex-works, respectively, as compared to May 7. One Izmir-based mill has set its official rebar price at TRY 32,200/mt ($592/mt) ex-works today, May 11, down by TRY 300/mt($7/mt) over the same period. 

An Iskenderun region-based mill set its official rebar price today at TRY 32,000/mt ($588/mt) ex-works, also down by TRY 300/mt ($7/mt) amid sluggish demand, compared to May 7. Sources report that several Iskenderun-based rolling mills have set their rebar prices today, for serious buyers and cash payment, at TRY 31,800-32,000/mt ($584-588/mt) ex-warehouse, with a decrease in Turkish liras of TRY 100/mt ($3-4/mt) over the same period.

Currently, local 12 mm rebar prices in the spot market in Turkey are in the range of TRY 32,000-32,800/mt ($588-602/mt) ex-warehouse, up by TRY 100/mt in the local currency, while remaining stable on US dollar basis, compared to May 7.

One Samsun-based mill has extended the closure of its rebar sales until Monday, May 18.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
7.05.2026 7.05.2026
Marmara 8 mm 630 34,300 0 +100
Marmara 12 mm 602 32,800 0 +100
Iskenderun 8 mm 615 33,500 0 +100
Iskenderun 10 mm 610 33,200 0 +100
Iskenderun 12 mm 588 32,000 0 +100
Izmir 8 mm 619 33,700 0 +100
Izmir 10 mm 613 33,400 0 +100
Izmir 12 mm 591 32,200 0 +100
Karabuk 8 mm 621 33,800 0 +100
Karabuk 12 mm 593 32,300 0 +100

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 45.37

Tags: Rebar Longs Turkey Europe 
MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor

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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