As of today, February 3, Turkish domestic rebar spot prices have risen by TRY 200-500/mt ($1-8/mt) amid the ongoing currency fluctuations and the relatively positive sentiment in the import scrap segment, as compared to Thursday, January 30. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 24,000-24,900/mt or $556-576/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 36.00.
The official rebar prices in the Marmara and Izmir regions vary at $555-580/mt ex-works, including Icdas A.S.’s prices, up by $5/mt on the lower end, while the workable rebar prices in these regions vary at $555-575/mt ex-works, for cash payment only.
One Iskenderun-based mill is offering rebar at TRY 25,000/mt ($579/mt) ex-works, while a few re-rollers in this region are offering rebar at TRY 24,200-24,400/mt ($560-565/mt) ex-warehouse.
One Samsun-based mill has closed its rebar sales until Wednesday, February 12.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 30.01.2025 | 30.01.2025 | ||||
| Marmara | 8 mm | 600 | 25,900 | +8 | +500 |
| Marmara | 12 mm | 576 | 24,900 | +8 | +500 |
| Iskenderun | 8 mm | 586 | 25,300 | +1 | +200 |
| Iskenderun | 10 mm | 581 | 25,100 | +1 | +200 |
| Iskenderun | 12 mm | 563 | 24,300 | +2 | +200 |
| Izmir | 8 mm | 579 | 25,000 | +6 | +400 |
| Izmir | 10 mm | 574 | 24,800 | +6 | +400 |
| Izmir | 12 mm | 556 | 24,000 | +6 | +400 |
| Karabuk | 8 mm | 588 | 25,400 | +3 | +300 |
| Karabuk | 12 mm | 565 | 24,400 | +4 | +300 |
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 36.00
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