As of today, March 7, Turkish domestic rebar spot prices have risen by another TRY 200-300/mt ($4-7/mt) amid costlier import scrap and ongoing currency fluctuations, compared to the previous day. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,500-25,000/mt or $560-572/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 36.45.
The official rebar prices in the Marmara and Izmir regions vary at $565-585/mt ex-works, up by $5/mt on the higher end over the previous day, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $560-580/mt ex-works, also up by $5/mt on the higher end, over the same period, for cash payment only.
Two Iskenderun-based mills are offering rebar at TRY 25,250-25,400/mt ($577-581/mt) ex-works.
A few mills in the Izmir, Marmara and Iskenderun regions have closed their rebar sales until Monday, March 10. In addition, one Samsun-based mill has also closed its rebar sales until March 10.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 6.03.2025 | 6.03.2025 | ||||
| Marmara | 8 mm | 594 | 26,000 | +4 | +200 |
| Marmara | 12 mm | 572 | 25,000 | +5 | +200 |
| Iskenderun | 8 mm | 594 | 26,000 | +6 | +300 |
| Iskenderun | 10 mm | 590 | 25,800 | +7 | +300 |
| Iskenderun | 12 mm | 572 | 25,000 | +7 | +300 |
| Izmir | 8 mm | 583 | 25,500 | +4 | +200 |
| Izmir | 10 mm | 578 | 25,300 | +4 | +200 |
| Izmir | 12 mm | 560 | 24,500 | +4 | +200 |
| Karabuk | 8 mm | 585 | 25,600 | +4 | +200 |
| Karabuk | 12 mm | 562 | 24,600 | +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 36.45
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