As of today, February 10, Turkish domestic rebar spot prices have mostly fallen by TRY 100-200/mt ($4-7/mt), but have remained stable in the local currency in the Karabuk region, with minor changes on US dollar basis, against the backdrop of sluggish demand. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,000-24,600/mt or $556-569/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 36.00.
The official rebar prices in the Marmara and Izmir regions still vary at $560-580/mt ex-works, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $560-575/mt ex-works, for cash payment only.
Mills' official rebar prices in the Iskenderun region vary at TRY 24,500-24,700/mt ($567-572/mt) ex-works, while a few re-rollers in the region are offering rebar at TRY 24,200-24,400/mt ($560-565/mt) ex-warehouse.
The general sentiment on the demand side is negative due to snowy weather conditions.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 6.02.2025 | 6.02.2025 | ||||
| Marmara | 8 mm | 593 | 25,600 | -9 | -100 |
| Marmara | 12 mm | 569 | 24,600 | -5 | -100 |
| Iskenderun | 8 mm | 586 | 25,300 | -6 | -200 |
| Iskenderun | 10 mm | 581 | 25,100 | -7 | -200 |
| Iskenderun | 12 mm | 563 | 24,300 | -7 | -200 |
| Izmir | 8 mm | 579 | 25,000 | -4 | -100 |
| Izmir | 10 mm | 574 | 24,800 | -4 | -100 |
| Izmir | 12 mm | 556 | 24,000 | -4 | -100 |
| Karabuk | 8 mm | 588 | 25,400 | -2 | 0 |
| Karabuk | 12 mm | 565 | 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 36.00
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