Rebar spot prices in Turkey increase sharply

Monday, 06 October 2025 17:45:30 (GMT+3)   |   Istanbul

As of today, October 6, local rebar prices in the Turkish spot market have increased by TRY 300-400/mt ($5-7/mt) against the backdrop of the ongoing currency fluctuations and costlier import scrap, as compared to October 2.  Consequently, local 12 mm rebar prices in the spot market are now in the range of TRY 27,000-27,900/m ($540-558/m) ex-warehouse, depending on the region and with the exchange rate at $1 = TRY 41.68.

Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş's prices, have also risen, moving up by $5/mt compared to October 2, to $540-$565/m ex-works, while acceptable prices are standing at $535-$555/m ex-works, also up by $5/mt.

Meanwhile, a producer in Iskenderun today announced its official rebar price at TRY 27,850/mt ($557/mt) ex-works, rising by TRY 350/mt($6/mt) over the same period. Sources say several Iskenderun-based rolling mills have offered rebar to serious buyers today with an increase of TRY 400/mt ($7/mt) to TRY 27,700-27,900/mt ($554-558/mt) ex-warehouse.

One Samsun-based mill has extended the closure of its rebar sales until Monday, October 13.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
02.10.2025 02.10.2025
Marmara 8 mm 578 28,900 +7 +400
Marmara 12 mm 558 27,900 +7 +400
Iskenderun 8 mm 576 28,800 +7 +400
Iskenderun 10 mm 572 28,600 +7 +400
Iskenderun 12 mm 556 27,800 +7 +400
Izmir 8 mm 560 28,000 +5 +300
Izmir 10 mm 556 27,800 +5 +300
Izmir 12 mm 540 27,000 +5 +300
Karabuk 8 mm 574 28,700 +5 +300
Karabuk 12 mm 554 27,700 +5 +300

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 41.68


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