Turkish domestic rebar spot prices fall amid sluggish demand

Thursday, 26 June 2025 17:09:05 (GMT+3)   |   Istanbul

As of today, June 26, Turkish domestic rebar spot prices have fallen by TRY 100-300/mt ($2-7/mt) amid ongoing currency fluctuations and sluggish demand, compared to Monday, June 23. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,100-25,800/mt or $526-541/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 39.77.

The official rebar prices in the Marmara and Izmir regions vary at $535-560/mt ex-works, including Icdas A.S.’s prices, down by $5/mt on the lower end as compared to June 23, while the workable rebar prices in these regions also vary, at $530-550/mt ex-works, down by $5/mt on the higher end over the same period, for cash payment only.

One Iskenderun-based mill has issued its official rebar price today at TRY 26,750/mt ($561/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,400-25,600/mt ($532-536/mt) ex-warehouse, down by TRY 100-200/mt ($3-5/mt) for serious buyers. 

The Turkish domestic construction sector seems to be slowing down due to warm weather conditions and reduced working hours.

As of today, rebar offers in the Turkish spot market are as follows:

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
23.06.2025 23.06.2025
Marmara 8 mm 559 26,700 -7 -300
Marmara 12 mm 539 25,700 -6 -300
Iskenderun 8 mm 555 26,500 -7 -300
Iskenderun 10 mm 551 26,300 -7 -300
Iskenderun 12 mm 534 25,500 -7 -300
Izmir 8 mm 547 26,100 -5 -200
Izmir 10 mm 543 25,900 -5 -200
Izmir 12 mm 526 25,100 -5 -200
Karabuk 8 mm 562 26,800 -2 -100
Karabuk 12 mm 541 25,800 -2 -100

All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 20 percent VAT, while prices on US dollar basis exclude VAT.

$1 = TRY 39.77


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