As of today, August 28, local rebar prices in the Turkish spot market mostly have risen by TRY 100/mt ($1-2/mt) compared to August 25 in the Iskenderun and Karabuk regions in order to offset currency fluctuations, while remaining stable on lira basis with minor changes on US dollar basis in the rest of the country. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,200-27,000 /mt ($532-548/mt) ex-warehouse, with the exchange rate at $1 = TRY 41,035.
Official cash offers for rebar in the Marmara and Izmir regions, including prices from İçdaş, have fallen by $5/mt on the higher end from August 21 to $540-$555/mt ex-works, while acceptable prices have remained stable at $535-$550/mt ex-works. One Marmara-based mill has already closed its rebar sales until September 1.
Meanwhile, today a producer in Iskenderun announced its official rebar price at TRY 27,150/m ($551/m) ex-works. Sources say several Iskenderun-based rolling mills are offering rebar to serious buyers today at TRY 26,800/mt ($544/mt) ex-warehouse. A few mills were offering rebar at TRY 26,500-26,800/mt ($539-545/mt) ex-warehouse on August 25.
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 25.08.2025 | 25.08.2025 | ||||
| Marmara | 8 mm | 569 | 28,000 | 0 | 0 |
| Marmara | 12 mm | 548 | 27,000 | -1 | 0 |
| Iskenderun | 8 mm | 565 | 27,800 | +2 | +100 |
| Iskenderun | 10 mm | 560 | 27,600 | +1 | +100 |
| Iskenderun | 12 mm | 544 | 26,800 | +1 | +100 |
| Izmir | 8 mm | 552 | 27,200 | -1 | 0 |
| Izmir | 10 mm | 548 | 27,000 | -1 | 0 |
| Izmir | 12 mm | 532 | 26,200 | -1 | 0 |
| Karabuk | 8 mm | 567 | 27,900 | +2 | +100 |
| Karabuk | 12 mm | 546 | 26,900 | +1 | +100 |
All prices are ex-warehouse and based on actual weight. Prices in Turkish liras include 20 percent VAT, while prices in US dollars exclude VAT.
$1 = TRY 41.035
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