As of today, February 6, Turkish domestic rebar spot prices have fallen by TRY 200/mt in the Marmara region due to sluggish demand and have remained stable in the local currency in the Karabuk region following Kardemir's rebar sale announcement yesterday, with minor changes on US dollar basis, while rising by TRY 100/mt ($4/mt) in the Izmir region in order to offset currency fluctuations and increasing by TRY 200/mt ($6-7/mt) in the Iskenderun region due to limited supply, respectively, as compared to Monday, February 3. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,100-24,700/mt or $560-574/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 35.88.
The official rebar prices in the Marmara and Izmir regions vary at $560-580/mt ex-works, including Icdas A.S.’s prices, up by $5/mt on the lower end, while the workable rebar prices in these regions vary at $560-575/mt ex-works, also up by $5/mt on the lower end for cash payment only.
One Iskenderun-based mill has closed its rebar sales on the anniversary of the February 2023 earthquakes in this region, while a few re-rollers in the region are offering rebar at TRY 24,600/mt ($571/mt) ex-warehouse.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 3.02.2025 | 3.02.2025 | ||||
| Marmara | 8 mm | 597 | 25,700 | -3 | -200 |
| Marmara | 12 mm | 574 | 24,700 | -2 | -200 |
| Iskenderun | 8 mm | 592 | 25,500 | +6 | +200 |
| Iskenderun | 10 mm | 588 | 25,300 | +7 | +200 |
| Iskenderun | 12 mm | 569 | 24,500 | +6 | +200 |
| Izmir | 8 mm | 583 | 25,100 | +4 | +100 |
| Izmir | 10 mm | 578 | 24,900 | +4 | +100 |
| Izmir | 12 mm | 560 | 24,100 | +4 | +100 |
| Karabuk | 8 mm | 590 | 25,400 | +2 | 0 |
| Karabuk | 12 mm | 567 | 24,400 | +2 | 0 |
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 35.88
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