As of today, October 20, local rebar prices in the Turkish spot market have mostly fallen by TRY 100-200/mt ($3-6/mt) amid sluggish demand, only remaining stable in the local currency in the Izmir region, while declining by $1-2/mt on US dollar basis amid ongoing currency fluctuations, as compared to October 16. Consequently, local 12 mm rebar prices in the spot market are now in the range of TRY 27,200-28,000/mt ($540-556/m) ex-warehouse, depending on the region and with the exchange rate at $1 = TRY 41.95.
Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş's prices, have also fallen by $5/mt on the higher end compared to October 16, to $545-570/m ex-works, while acceptable prices are standing at $545-$560/m ex-works, unchanged over the same period.
Meanwhile, a producer in Iskenderun today announced its official rebar price at TRY 28,300/mt ($562/mt) ex-works. Sources say several Iskenderun-based rolling mills have offered rebar to serious buyers today at TRY 27,500-27,700/mt ($546-550/mt) ex-warehouse, amid sluggish demand. All rebar prices in the Iskenderun region have remained unchanged in the local currency, while indicating a decrease of $2/mt on US dollar basis due to the depreciation of the Turkish lira over the same period.
A Samsun-based mill has extended the closure of its rebar sales until Monday, October 27.
Most local buyers are maintaining a wait-and-see stance as regards new purchases ahead of the Turkish Central Bank's interest rate decision due on Thursday, October 23.
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 16.10.2025 | 16.10.2025 | ||||
| Marmara | 8 mm | 586 | 29,500 | -3 | -100 |
| Marmara | 12 mm | 556 | 28,000 | -4 | -100 |
| Iskenderun | 8 mm | 584 | 29,400 | -5 | -200 |
| Iskenderun | 10 mm | 578 | 29,100 | -5 | -200 |
| Iskenderun | 12 mm | 554 | 27,900 | -6 | -200 |
| Izmir | 8 mm | 570 | 28,700 | -1 | 0 |
| Izmir | 10 mm | 564 | 28,400 | -2 | 0 |
| Izmir | 12 mm | 540 | 27,200 | -2 | 0 |
| Karabuk | 8 mm | 582 | 29,300 | -5 | -200 |
| Karabuk | 12 mm | 552 | 27,800 | -6 | -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 41.95
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