Rebar spot prices in Turkey follow diverse trends

Monday, 22 September 2025 16:15:35 (GMT+3)   |   Istanbul

As of today, September 22, local rebar prices in the Turkish spot market have risen by TRY 100/mt, while remaining stable in the rest of the country, with all rebar spot prices only indicating minor changes on US dollar basis amid the ongoing currency fluctuations, compared to September 18. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,300-27,100/mt ($531-546/mt) ex-warehouse, with the exchange rate at $1 = TRY 41.30.

Official cash offers for rebar in the Marmara and Izmir regions, including prices from İçdaş, have remained stable at $535-555/mt ex-works, while acceptable prices are at $530-545/mt ex-works, also stable over the same period.

Meanwhile, today one producer in Iskenderun has announced its official rebar price at TRY 27,500/mt ($554/mt) ex-works. Sources say several Iskenderun-based rolling mills are still offering rebar to serious buyers today at TRY 26,500-26,900/mt ($534-542/mt) ex-warehouse, down by TRY 200/mt ($5/mt) on the lower end over the same period.

The general sentiment on the demand side is still negative.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
18.09.2025 18.09.2025
Marmara 8 mm 566 28,100 +1 +100
Marmara 12 mm 546 27,100 +1 +100
Iskenderun 8 mm 564 28,000 +1 +100
Iskenderun 10 mm 560 27,800 +1 +100
Iskenderun 12 mm 544 27,000 +1 +100
Izmir 8 mm 550 27,300 -1 0
Izmir 10 mm 546 27,100 -1 0
Izmir 12 mm 530 26,300 -1 0
Karabuk 8 mm 564 28,000 -1 0
Karabuk 12 mm 544 27,000 -1 0

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 41.38


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