Rebar spot prices in Turkey stabilize in local currency

Monday, 01 September 2025 15:46:06 (GMT+3)   |   Istanbul

As of today, September 1, local rebar prices in the Turkish spot market have remained unchanged on lira basis with falling only by $1/mt compared to August 28 amid the ongoing currency fluctuations. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,200-27,000 /mt ($531-547/mt) ex-warehouse, with the exchange rate at $1 = TRY 41,11.

Official cash offers for rebar in the Marmara and Izmir regions, including prices from İçdaş, have also remained stable from August 28 at $540-$555/mt ex-works, while acceptable prices have remained flat at $535-$550/mt ex-works. 

Meanwhile, today a producer in Iskenderun announced its official rebar price at TRY 27,350/m ($554/m) ex-works. Sources say several Iskenderun-based rolling mills are offering rebar to serious buyers today at TRY 26,600-26,800/mt ($539-543/mt) ex-warehouse.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
28.08.2025 28.08.2025
Marmara 8 mm 568 28,000 -1 0
Marmara 12 mm 547 27,000 -1 0
Iskenderun 8 mm 564 27,800 -1 0
Iskenderun 10 mm 559 27,600 -1 0
Iskenderun 12 mm 543 26,800 -1 0
Izmir 8 mm 551 27,200 -1 0
Izmir 10 mm 547 27,000 -1 0
Izmir 12 mm 531 26,200 -1 0
Karabuk 8 mm 566 27,900 -1 0
Karabuk 12 mm 545 26,900 -1 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 41.11

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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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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