Rebar spot prices in Turkey increase further

Thursday, 02 October 2025 17:41:29 (GMT+3)   |   Istanbul

As of today, October 2, local rebar prices in the Turkish spot market have risen by another TRY 200/mt ($4/mt) amid the ongoing currency fluctuations and relatively higher import scrap prices, compared to September 29.  Consequently, local 12 mm rebar prices in the spot market are now in the range of TRY 26,700-27,500/m ($535-551/m) ex-warehouse, depending on the region and with the exchange rate at $1 = TRY 41.61.

Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş's prices, have remained stable compared to September 29, in the $535-$560/m ex-works range, while acceptable prices are still recorded in the $535-$550/m ex-works range, also remaining stable.

Meanwhile, a producer in Iskenderun today announced its official rebar price at TRY 27,500/mt ($551/mt) ex-works, also unchanged over the same period. Sources say several Iskenderun-based rolling mills have offered rebar to serious buyers today with an increase of TRY 300/mt ($6/mt) to TRY 27,300-27,500/mt ($547-551/mt) ex-warehouse.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
29.09.2025 29.09.2025
Marmara 8 mm 571 28,500 +4 +200
Marmara 12 mm 551 27,500 +4 +200
Iskenderun 8 mm 569 28,400 +4 +200
Iskenderun 10 mm 565 28,200 +4 +200
Iskenderun 12 mm 549 27,400 +4 +200
Izmir 8 mm 555 27,700 +4 +200
Izmir 10 mm 551 27,500 +4 +200
Izmir 12 mm 535 26,700 +4 +200
Karabuk 8 mm 569 28,400 +4 +200

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 41.61


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