Turkish domestic rebar spot prices mostly soften

Monday, 07 April 2025 17:10:17 (GMT+3)   |   Istanbul

As of today, April 7, Turkish domestic rebar spot prices have mostly fallen by TRY 100-200/mt ($2-6/mt) amid sluggish demand and ongoing currency fluctuations, while prices only remained unchanged on Turkish lira basis with minor changes on US dollar basis in the Izmir region, compared to Thursday, April 3. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,500-26,200/mt or $559-575/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 38.

The official rebar prices in the Marmara and Izmir regions still vary at $570-595/mt ex-works, including Icdas A.S.’s prices,  while the workable rebar prices in these regions also vary at $565-590/mt ex-works, stable over the same period, for cash payment only.

Two mills in the Iskederun region have issued their rebar prices at TRY 26,000-26,500/mt ($570-581/mt) ex-works today. Sources report the workable rebar price in this region is close to TRY 25,800/mt ($566/mt) ex-works for serious buyers.

One Samsun-based mill has opened its rebar sales at TRY 26,500/mt ($581/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)
3.04.2025 3.04.2025
Marmara 8 mm 596 27,200 -6 -200
Marmara 12 mm 575 26,200 -5 -200
Iskenderun 8 mm 586 26,700 -2 -100
Iskenderun 10 mm 581 26,500 -3 -100
Iskenderun 12 mm 564 25,700 -3 -100
Izmir 8 mm 581 26,500 -1 0
Izmir 10 mm 577 26,300 -1 0
Izmir 12 mm 559 25,500 -1 0
Karabuk 8 mm 583 26,600 -5 -200
Karabuk 12 mm 561 25,600 -6 -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 38


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