As of today, November 6, local rebar prices in the Turkish spot market have risen by another TRY 100-300/mt ($1-5/mt) compared to November 3 against the backdrop of the ongoing currency fluctuations and relatively positive sentiment in the import scrap segment following Kardemir's sale of a large rebar tonnage today. Consequently, local 12 mm rebar prices in the spot market are now in the range of TRY 27,500-28,500/mt ($544-564/m) ex-warehouse, depending on the region and at the exchange rate at $1 = TRY 42.10.
Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş's prices, have risen by $15/mt on the higher end compared to November 3, to $545-575/mt ex-works, while acceptable prices are available at $545-565/mt ex-works, also up by $10/mt on the higher end over the same period.
Sources say several Iskenderun-based rolling mills are offering rebar to serious buyers today at TRY 28,200-28,300/mt ($558-560/mt) ex-warehouse, versus TRY 27,900/mt ($553/mt) ex-warehouse on November 3.
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 3.11.2025 | 3.11.2025 | ||||
| Marmara | 8 mm | 594 | 30,000 | +5 | +300 |
| Marmara | 12 mm | 564 | 28,500 | +5 | +300 |
| Iskenderun | 8 mm | 588 | 29,700 | +5 | +300 |
| Iskenderun | 10 mm | 582 | 29,400 | +5 | +300 |
| Iskenderun | 12 mm | 558 | 28,200 | +5 | +300 |
| Izmir | 8 mm | 574 | 29,000 | +1 | +100 |
| Izmir | 10 mm | 568 | 28,700 | +1 | +100 |
| Izmir | 12 mm | 544 | 27,500 | +1 | +100 |
| Karabuk | 8 mm | 588 | 29,700 | +3 | +200 |
| Karabuk | 12 mm | 558 | 28,200 | +3 | +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 42.10
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