Turkish domestic rebar spot prices follow diverse trends

Monday, 26 May 2025 16:08:15 (GMT+3)   |   Istanbul

As of today, May 26, Turkish domestic rebar spot prices have risen by TRY 200-300/mt ($4-6/mt) in the Marmara and Karabuk regions, while remaining unchanged in the rest of the country with minor changes on US dollar basis, amid the ongoing currency fluctuations, compared to Thursday, May 20. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,600-26,300/mt or $548-563/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 38.95.

The official rebar prices in the Marmara and Izmir regions vary at $560-570/mt ex-works, including Icdas A.S.’s prices, stable over the same period, while the workable rebar prices in these regions vary at $550-565/mt ex-works, up by $5/mt on the higher end over the same period, for cash payment only. 

One Iskenderun-based mill issued its official rebar price today at TRY 26,500/mt ($567/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,600/mt ($548/mt) ex-warehouse for serious buyers.

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)
22.05.2025 22.05.2025
Marmara 8 mm 582 27,200 +6 +300
Marmara 12 mm 561 26,200 +6 +300
Iskenderun 8 mm 580 27,100 0 0
Iskenderun 10 mm 576 26,900 0 0
Iskenderun 12 mm 558 26,100 -1 0
Izmir 8 mm 569 26,600 -1 0
Izmir 10 mm 565 26,400 0 0
Izmir 12 mm 548 25,600 0 0
Karabuk 8 mm 584 27,300 +4 +200
Karabuk 12 mm 563 26,300 +4 +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 38.95


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