Turkish domestic rebar spot prices fall amid sluggish demand

Monday, 07 July 2025 16:24:07 (GMT+3)   |   Istanbul

As of today, July 7, Turkish domestic rebar spot prices have decreased by TRY 100-300/mt ($4-8/mt) against the backdrop of the ongoing currency fluctuations and sluggish demand, compared to Thursday, July 3. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,200-25,800/mt or $525-538/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 40,00.

The official rebar prices in the Marmara and Izmir regions vary at $530-560/mt ex-works, including Icdas A.S.’s prices, down by $5/mt on the lower end as compared to July 3, while the workable rebar prices in these regions vary at $525-550/mt ex-works, also falling by $5/mt over the same period, for cash payment only.

One Iskenderun-based mill has issued its official rebar price today at TRY 26,750/mt ($557/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,400-25,800/mt ($529-538/mt) ex-warehouse, for serious buyers. 

Most local buyers are monitoring the US dollar-Turkish lira exchange rate and only buying in line with their daily needs.

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)
03.07.2025 03.07.2025
Marmara 8 mm 558 26,800 -4 -100
Marmara 12 mm 538 25,800 -4 -100
Iskenderun 8 mm 552 26,500 -8 -300
Iskenderun 10 mm 548 26,300 -8 -300
Iskenderun 12 mm 531 25,500 -8 -300
Izmir 8 mm 546 26,200 -4 -100
Izmir 10 mm 542 26,000 -4 -100
Izmir 12 mm 525 25,200 -4 -100
Karabuk 8 mm 558 26,800 -6 -200
Karabuk 12 mm 538 25,800 -7 -200

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 40


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