As of today, January 6, Turkish domestic rebar spot prices have mostly remained stable in the local currency with minor changes in US dollars, while only falling by TRY 100/mt ($2/mt) in the Izmir region, as compared to Thursday, January 2. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 23,700-24,100/mt or $559-569/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 35.32.
The official rebar prices in the Marmara and Izmir regions vary at $560-580/mt ex-works, including Icdas A.S’s prices, down by $5/mt on the lower end, while the workable rebar prices in these regions vary at $560-570/mt ex-works, stable over the same period, for cash payment only.
One Iskenderun based mill has issued at its rebar price at TRY 24,000/mt ($566/mt) ex-works today. According to sources, a few re-rollers in this region are offering rebar at TRY 23,900/mt ($564/mt) ex-warehouse.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
2.01.2025 |
2.01.2025 |
||||
Marmara |
8 mm |
592 |
25,100 |
0 |
0 |
Marmara |
12 mm |
569 |
24,100 |
+1 |
0 |
Iskenderun |
8 mm |
587 |
24,900 |
0 |
0 |
Iskenderun |
10 mm |
583 |
24,700 |
+1 |
0 |
Iskenderun |
12 mm |
564 |
23,900 |
0 |
0 |
Izmir |
8 mm |
583 |
24,700 |
-2 |
-100 |
Izmir |
10 mm |
578 |
24,500 |
-2 |
-100 |
Izmir |
12 mm |
559 |
23,700 |
-2 |
-100 |
Karabuk |
8 mm |
583 |
24,700 |
+1 |
0 |
Karabuk |
12 mm |
559 |
23,700 |
0 |
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 35.32
.jpeg)