Rebar spot prices in Turkey soften

Thursday, 21 August 2025 15:50:31 (GMT+3)   |   Istanbul

As of today, August 21, local rebar prices in the Turkish spot market have fallen by  TRY 100/mt ($2-3/mt) , compared to August 18, against the backdrop of the ongoing exchange rate fluctuations and sluggish demand. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,300-27,000 TL/mt ($535-550/mt) ex-warehouse, depending on the region, with the exchange rate at $1 = TRY 40.93.

Official rebar offers for cash payments in the Marmara and Izmir regions, including prices from İçdaş , have settled at $540-560/mt ex-works, stable from August 18, while acceptable prices have also remained unchanged, at $535-50/mt ex-works, over the same period. According to sources small tonnage of rebar, up to 1,000 mt has been traded at around $550/mt ex-works in the Marmara region this week.

Meanwhile, a producer in Iskenderun today issued its official rebar price at TRY 26,850/mt ($547/m) ex-works today. According to sources, several Iskenderun-based rolling mills are offering rebar to serious buyers today at around TRY 26,600-26,900/mt ($542-548/mt) ex-warehouse, versus TRY 26,850-27,000/mt ($547-550/mt) ex-warehouse at the beginning of this week.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
18.08.2025 18.08.2025
Marmara 8 mm 570 28,000 -3 -100
Marmara 12 mm 550 27,000 -2 -100
Iskenderun 8 mm 570 28,000 -3 -100
Iskenderun 10 mm 566 27,800 -3 -100
Iskenderun 12 mm 550 27,000 -2 -100
Izmir 8 mm 556 27,300 -3 -100
Izmir 10 mm 552 27,100 -2 -100
Izmir 12 mm 535 26,300 -3 -100
Karabuk 8 mm 568 27,900 -3 -100
Karabuk 12 mm 548 26,900 -2 -100

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 40.93


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