As of today, March 17, Turkish domestic rebar spot prices have risen by TRY 200-400/mt ($4-9/mt) against the backdrop of the positive sentiment in the import scrap segment and ongoing currency fluctuations, compared to Thursday, March 13. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,100-25,700/mt or $571-584/mt ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 36.66.
The official rebar prices in the Marmara and Izmir regions vary at $575-595/mt ex-works, up by $5/mt over the same period, including Icdas A.S.’s prices, while the workable rebar prices in these regions vary at $570-590/mt ex-works, also up by $5/mt, for cash payment only.
Two Iskenderun-based mills are offering rebar at the same price, TRY 26,500/mt ($602/mt) ex-works, today. Sources report a few re-rollers in this region are applying aggressive pricing policies and giving additional discounts.
As of today, rebar offers in the Turkish spot market are as follows:
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 13.03.2025 | 13.03.2025 | ||||
| Marmara | 8 mm | 605 | 26,600 | +6 | +300 |
| Marmara | 12 mm | 582 | 25,600 | +6 | +300 |
| Iskenderun | 8 mm | 607 | 26,700 | +8 | +400 |
| Iskenderun | 10 mm | 602 | 26,500 | +8 | +400 |
| Iskenderun | 12 mm | 584 | 25,700 | +8 | +400 |
| Izmir | 8 mm | 593 | 26,100 | +8 | +400 |
| Izmir | 10 mm | 589 | 25,900 | +9 | +400 |
| Izmir | 12 mm | 571 | 25,100 | +9 | +400 |
| Karabuk | 8 mm | 598 | 26,300 | +4 | +200 |
| Karabuk | 12 mm | 575 | 25,300 | +4 | +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 36.66
