Rebar spot prices in Turkey stabilize as October comes to an end

Thursday, 30 October 2025 16:50:36 (GMT+3)   |   Istanbul

As of today, October 30, local rebar prices in the Turkish spot market have remained unchanged in the local currency, while there have been only minor changes on US dollar basis, as compared to October 27.  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 at the exchange rate at $1 = TRY 41.98. According to sources, most local traders are applying aggressive pricing strategy and giving additional discounts in order to generate sales.

Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş's prices, have fallen by $5/mt on the higher end compared to October 27, to $545-555/mt ex-works, while acceptable prices are available at $540-$550/mt ex-works, also down by $5/mt on the higher end over the same period. One Marmara-based mill has closed its rebar sales until Monday, November 3.

Sources say several Iskenderun-based rolling mills are offering rebar to serious buyers today at TRY 27,500-27,600/mt ($546-548/mt) ex-warehouse, down by TRY 100/mt ($3/mt) over the same period.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
27.10.2025 27.10.2025
Marmara 8 mm 586 29,500 0 0
Marmara 12 mm 556 28,000 -1 0
Iskenderun 8 mm 580 29,200 0 0
Iskenderun 10 mm 574 28,900 -1 0
Iskenderun 12 mm 550 27,700 -1 0
Izmir 8 mm 570 28,700 -1 0
Izmir 10 mm 564 28,400 -1 0
Izmir 12 mm 540 27,200 -1 0
Karabuk 8 mm 580 29,200 0 0
Karabuk 12 mm 550 27,700 -1 0

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 41.98

Tags: Rebar Longs Turkey Europe 
MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor

I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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