As of today, March 27, Turkish domestic rebar spot prices have decreased by TRY 400/mt ($9/mt) amid the sluggish demand ahead of the holiday and the ongoing currency fluctuations, compared to Monday, March 24. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,700-26,500/mt or $564-581/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 38
The official rebar prices in the Marmara and Izmir regions still vary at $575-595/mt ex-works, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $565-590/mt ex-works, down by $10/mt on the lower end for cash payment only.
One Iskenderun-based mill has closed its rebar sales today. In addition, one Samsun-based mill has closed its rebar sales until Wednesday, April 2.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 24.03.2025 | 24.03.2025 | ||||
| Marmara | 8 mm | 603 | 27,500 | -9 | -400 |
| Marmara | 12 mm | 581 | 26,500 | -9 | -400 |
| Iskenderun | 8 mm | 594 | 27,100 | -9 | -400 |
| Iskenderun | 10 mm | 590 | 26,900 | -9 | -400 |
| Iskenderun | 12 mm | 572 | 26,100 | -9 | -400 |
| Izmir | 8 mm | 586 | 26,700 | -9 | -400 |
| Izmir | 10 mm | 581 | 26,500 | -9 | -400 |
| Izmir | 12 mm | 564 | 25,700 | -9 | -400 |
| Karabuk | 8 mm | 594 | 27,100 | -9 | -400 |
| Karabuk | 12 mm | 572 | 26,100 | -9 | -400 |
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 38.00
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