Rebar spot prices soften in Turkey

Thursday, 07 August 2025 15:57:54 (GMT+3)   |   Istanbul

As of today, August 7, local rebar prices in the Turkish spot market have fallen by TRY 100/mt with minor changes on US dollar basis compared to August 4 amid the ongoing exchange rate fluctuations and sluggish demand. Consequently, local 12 mm rebar prices in the spot market are now trading at TRY 26,400-27,100 TL/mt ($541-556/mt) ex-warehouse, depending on the region, with the exchange rate at $1 = TRY 40.64.

Official offers for cash payments for rebar in the Marmara and Izmir regions, including prices from İçdaş , have remained unchanged, hovering at $550-65/mt ex-works, while acceptable prices also have remained stable at $545-55/mt ex-works over the same period.

Meanwhile, a producer in Iskenderun today issued its official rebar price at TRY 27,450/mt ($563/m) ex-works. According to sources, several Iskenderun-based rolling mills are offering rebar to serious buyers today at around TRY 27,000-27,100/mt ($554-556/mt) ex-warehouse, indicating a decrease of TRY 150/mt ($2/mt).

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
4.08.2025 4.08.2025
Marmara 8 mm 576 28,100 -2 -100
Marmara 12 mm 556 27,100 -1 -100
Iskenderun 8 mm 576 28,100 -2 -100
Iskenderun 10 mm 572 27,900 -2 -100
Iskenderun 12 mm 556 27,100 -1 -100
Izmir 8 mm 562 27,400 -1 -100
Izmir 10 mm 558 27,200 -1 -100
Izmir 12 mm 541 26,400 -2 -100
Karabuk 8 mm 574 28,000 -2 -100
Karabuk 12 mm 554 27,000 -1 -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 40.64


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