As of today, March 13, Turkish domestic rebar spot prices have mostly fallen by TRY 100/mt ($3-4/mt) amid sluggish demand, while only rising by TRY 100/mt ($1/mt) following Kardemir's rebar sale yesterday, compared to Monday, March 10. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,700-25,300/mt or $562-576/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 36.61.
The official rebar prices in the Marmara and Izmir regions vary at $570-590/mt ex-works, stable over the same period, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $565-585/mt ex-works, down by $5/mt on the lower end for cash payment only.
Two Iskenderun-based mills are offering rebar at TRY 25,900-26,000/mt ($590-592/mt) ex-works. Sources report a few re-rollers in this region are applying aggressive pricing policies and giving additional discounts.
Kardemir closed its rebar sales yesterday evening at its list price of $571/mt ex-works and succeeded in selling around 25,000 mt of rebar, SteelOrbis has heard.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 10.03.2025 | 10.03.2025 | ||||
| Marmara | 8 mm | 599 | 26,300 | -3 | -100 |
| Marmara | 12 mm | 576 | 25,300 | -3 | -100 |
| Iskenderun | 8 mm | 599 | 26,300 | -3 | -100 |
| Iskenderun | 10 mm | 594 | 26,100 | -3 | -100 |
| Iskenderun | 12 mm | 576 | 25,300 | -3 | -100 |
| Izmir | 8 mm | 585 | 25,700 | -3 | -100 |
| Izmir | 10 mm | 580 | 25,500 | -4 | -100 |
| Izmir | 12 mm | 562 | 24,700 | -3 | -100 |
| Karabuk | 8 mm | 594 | 26,100 | +1 | +100 |
| Karabuk | 12 mm | 571 | 25,100 | +1 | +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 36.61
.jpeg)