Turkish domestic rebar spot prices soften

Thursday, 19 June 2025 16:11:27 (GMT+3)   |   Istanbul

As of today, June 19, Turkish domestic rebar spot prices have fallen by TRY 100/mt($4-5/mt) amid the ongoing currency fluctuations and sluggish demand, compared to Monday, June 16. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,300-25,900/mt or $533-546/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 39.55.

The official rebar prices in the Marmara and Izmir regions vary at $540-560/mt ex-works, including Icdas A.S.’s prices, down by $5/mt on the higher end as compared to June 16, while the workable rebar prices in these regions also vary at $535-555/mt ex-works, also down by $5/mt on the higher end over the same period, for cash payment only.

One Iskenderun-based mill has issued its official rebar price today at TRY 26,750/mt ($564/mt) ex-works. Sources report a few re-rollers in this region are offering rebar still at around TRY 25,700-26,000/mt ($542-548/mt) ex-warehouse, for serious buyers. In Iskenderun, producers kept their rebar prices stable in local currency, while prices from re-rollers declined by $2/mt over the same period.

Turkish Central Bank has kept its interest rate at 46 percent 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)
16.06.2025 16.06.2025
Marmara 8 mm 567 26,900 -4 -100
Marmara 12 mm 546 25,900 -4 -100
Iskenderun 8 mm 563 26,700 -4 -100
Iskenderun 10 mm 558 26,500 -5 -100
Iskenderun 12 mm 542 25,700 -4 -100
Izmir 8 mm 554 26,300 -5 -100
Izmir 10 mm 550 26,100 -4 -100
Izmir 12 mm 533 25,300 -4 -100
Karabuk 8 mm 567 26,900 -4 -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 39.55


Tags: Rebar Longs Turkey Europe 

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