As of today, March 20, Turkish domestic rebar spot prices have increased by TRY 1,000-1,400/mt ($0-10/mt) amid the positive sentiment in the import scrap segment and ongoing currency fluctuations, compared to Monday, March 17. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 26,200-27,000/mt or $575-592/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 38.00
The official rebar prices in the Marmara and Izmir regions vary at $575-595/mt ex-works, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $575-590/mt ex-works, for cash payment only.
Two Iskenderun-based mills are offering rebar at TRY 27,000-27,500/mt ($592-603/mt) ex-works, today. According to sources, the workable rebar price in this region varies at TRY 26,500-26,800/mt ($581-588/mt) ex-works today.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 17.03.2025 | 17.03.2025 | ||||
| Marmara | 8 mm | 614 | 28,000 | +9 | 1,400 |
| Marmara | 12 mm | 592 | 27,000 | +10 | 1,400 |
| Iskenderun | 8 mm | 607 | 27,700 | 0 | 1,000 |
| Iskenderun | 10 mm | 603 | 27,500 | +1 | 1,000 |
| Iskenderun | 12 mm | 586 | 26,700 | +2 | 1,000 |
| Izmir | 8 mm | 596 | 27,200 | +3 | 1,100 |
| Izmir | 10 mm | 592 | 27,000 | +3 | 1,100 |
| Izmir | 12 mm | 575 | 26,200 | +4 | 1,100 |
| Karabuk | 8 mm | 605 | 27,600 | +7 | 1,300 |
| Karabuk | 12 mm | 583 | 26,600 | +8 | 1,300 |
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
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