As of today, March 5, local rebar prices in the Turkish spot market have risen by TRY 200-400/mt ($3-7/mt) amid the ongoing depreciation of the Turkish lira against the US dollar and war-related risks, as compared to March 2. Consequently, local 12 mm rebar prices in the spot market are now in the range of TRY 28,800-29,400/mt ($545-557/mt) ex-warehouse, depending on the region, with the exchange rate at $1 = TRY 44.
Official rebar offers for cash payments in the Marmara and Izmir regions, including İçdaş' prices, have risen by $10/mt to $550-570/mt ex-works compared to March 2, while acceptable prices have also increased by $10/mt, to $545-565/mt ex-works, for cash payment, over the same period. One Izmir-based mill opened its rebar sales at TRY 29,100/mt ($551/mt) ex-works today, with an increase of TRY 400/mt ($7/mt) over the same period.
An Iskenderun-based mill has set its official rebar price today at TRY 29,400/mt ($557/mt), indicating an increase of TRY 400/mt ($7/mt) compared to March 2. Sources report that several Iskenderun-based rolling mills are offering rebar today to serious buyers at TRY 28,800-29,000/mt ($545-549/mt) ex-warehouse, up by TRY 300-400/mt ($5-7/mt) over the same period.
One Marmara-based mill today closed its rebar sales until Monday, March 9.
Most buyers are in wait-and-see mode due to the unclear financial and political situation in the country.
| Region | Dimension | Price ($/mt) | Price (TRY/mt) | Price changes ($/mt) | Price changes (TRY/mt) |
| 2.03.2026 | 2.03.2026 | ||||
| Marmara | 8 mm | 585 | 30,900 | +7 | +400 |
| Marmara | 12 mm | 557 | 29,400 | +7 | +400 |
| Iskenderun | 8 mm | 574 | 30,300 | +3 | +200 |
| Iskenderun | 10 mm | 568 | 30,000 | +3 | +200 |
| Iskenderun | 12 mm | 545 | 28,800 | +3 | +200 |
| Izmir | 8 mm | 574 | 30,300 | +5 | +300 |
| Izmir | 10 mm | 568 | 30,000 | +5 | +300 |
| Izmir | 12 mm | 545 | 28,800 | +5 | +300 |
| Karabuk | 8 mm | 574 | 30,300 | +3 | +200 |
| Karabuk | 12 mm | 545 | 28,800 | +3 | +200 |
All prices are ex-warehouse and on actual weight basis. Prices in Turkish liras include 20 percent VAT, while prices in US dollars exclude VAT.
$1 = TRY 44
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