Turkish domestic rebar spot prices stable in local currency

Thursday, 03 July 2025 16:41:00 (GMT+3)   |   Istanbul

As of today, July 3, Turkish domestic rebar spot prices have remained unchanged in the local currency with a decrease of $1-2/mt on US dollar basis, compared to Monday, June 30. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,300-26,000/mt or $529-544/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 39.86.

The official rebar prices in the Marmara and Izmir regions vary at $535-560/mt ex-works, including Icdas A.S.’s prices, unchanged as compared to June 30, while the workable rebar prices in these regions vary at $530-555/mt ex-works, also unchanged over the same period, for cash payment only.

One Iskenderun-based mill has issued its official rebar price today at TRY 26,750/mt ($559/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,400-26,000/mt ($531-544/mt) ex-warehouse, for serious buyers. 

One Samsun-based mill has closed its rebar sales until Thursday, July 10.

Most local buyers are taking their time before deciding to conclude new purchases.

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)
30.06.2025 30.06.2025
Marmara 8 mm 562 26,900 -2 0
Marmara 12 mm 541 25,900 -2 0
Iskenderun 8 mm 560 26,800 -1 0
Iskenderun 10 mm 556 26,600 -1 0
Iskenderun 12 mm 539 25,800 -1 0
Izmir 8 mm 550 26,300 -1 0
Izmir 10 mm 546 26,100 -1 0
Izmir 12 mm 529 25,300 -1 0
Karabuk 8 mm 564 27,000 -2 0
Karabuk 12 mm 544 26,000 -1 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 39.86


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