Rebar spot prices in Turkey move sideways

Monday, 15 September 2025 17:28:11 (GMT+3)   |   Istanbul

As of today, September 15, local rebar prices in the Turkish spot market have remained unchanged both in the local currency and on US dollar basis amid the ongoing currency fluctuations, compared to September 11. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,300-27,000/mt ($531-545/mt) ex-warehouse, with the exchange rate at $1 = TRY 41.29.

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 have also remained stable at $530-545/mt ex-works. 

Meanwhile, today one producer in Iskenderun announced its official rebar price at TRY 27,500/mt ($555/mt) ex-works. Sources say several Iskenderun-based rolling mills are still offering rebar to serious buyers today at TRY 26,800-27,000/mt ($541-545/mt) ex-warehouse, unchanged over the same period.

One Samsun-based mill has extended the closure of its rebar sales until Monday, September 22.

The general sentiment on the demand side is negative and most buyers are exerting pressure for further discounts due to the relatively negative sentiments in the import scrap segment.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
11.09.2025 11.09.2025
Marmara 8 mm 565 28,000 0 0
Marmara 12 mm 545 27,000 0 0
Iskenderun 8 mm 563 27,900 0 0
Iskenderun 10 mm 559 27,700 0 0
Iskenderun 12 mm 543 26,900 0 0
Izmir 8 mm 551 27,300 0 0
Izmir 10 mm 547 27,100 0 0
Izmir 12 mm 531 26,300 0 0
Karabuk 8 mm 565 28,000 0 0
Karabuk 12 mm 545 27,000 0 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 41.29


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