Turkish domestic rebar spot prices trend up

Monday, 30 June 2025 16:51:57 (GMT+3)   |   Istanbul

As of today, June 30, Turkish domestic rebar spot prices have increased by TRY 200-300/mt ($4-6/mt) against the backdrop of ongoing currency fluctuations and relatively firm import scrap prices, compared to Thursday, June 23. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 25,300-26,000/mt or $530-545/mt, ex-warehouse, depending on the region, at an exchange rate of $1 = TRY 39.78.

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 26, while the workable rebar prices in these regions vary at $530-555/mt ex-works, up 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 ($560/mt) ex-works. Sources report a few re-rollers in this region are offering rebar at around TRY 25,700-26,100/mt ($538-547/mt) ex-warehouse, for serious buyers. 

The general sentiment on the demand side is still negative.

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)
26.06.2025 26.06.2025
Marmara 8 mm 564 26,900 +5 +200
Marmara 12 mm 543 25,900 +4 +200
Iskenderun 8 mm 561 26,800 +6 +300
Iskenderun 10 mm 557 26,600 +6 +300
Iskenderun 12 mm 540 25,800 +6 +300
Izmir 8 mm 551 26,300 +4 +200
Izmir 10 mm 547 26,100 +4 +200
Izmir 12 mm 530 25,300 +4 +200
Karabuk 8 mm 566 27,000 +4 +200
Karabuk 12 mm 545 26,000 +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 39.78


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