Turkish domestic rebar spot prices mostly move down

Thursday, 12 June 2025 16:17:06 (GMT+3)   |   Istanbul

As of today, June 12, Turkish domestic rebar spot prices have fallen by TRY 100/mt ($5/mt) except for rebar prices in the Izmir region which have remained stable in the local currency with a decrease of $3/mt against the backdrop of the ongoing currency fluctuations and sluggish demand, compared to Tuesday, June 10. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,500-26,000/mt or $540-551/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 39.34.

The official rebar prices in the Marmara and Izmir regions still vary at $545-565/mt ex-works, including Icdas A.S.’s prices, as compared to June 10, while the workable rebar prices in these regions also vary at $540-560/mt ex-works, stable over the same period, for cash payment only. 

One Iskenderun-based mill has issued its official rebar price today at TRY 26,750/mt ($567/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,600-25,750/mt ($542-545/mt) ex-warehouse for serious buyers. Moreover, one Iskenderun-based re-roller has closed its sales of small rebar sizes until Monday, June 16.

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)
10.06.2025 10.06.2025
Marmara 8 mm 570 26,900 -5 -100
Marmara 12 mm 549 25,900 -5 -100
Iskenderun 8 mm 568 26,800 -5 -100
Iskenderun 10 mm 563 26,600 -5 -100
Iskenderun 12 mm 547 25,800 -4 -100
Izmir 8 mm 561 26,500 -3 0
Izmir 10 mm 557 26,300 -3 0
Izmir 12 mm 540 25,500 -3 0
Karabuk 8 mm 572 27,000 -5 -100
Karabuk 12 mm 551 26,000 -5 -100

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 39.34


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