Daily analysis of Turkish long products | July 22, 2026

Marmara and İzmir-based producers increased their rebar offers by USD 5/ton, while İçdaş also raised its dollar-denominated prices by USD 5/ton. The key development of the day was Kardemir reopening its rebar sales at USD 578/ton after a prolonged suspension. The producer sold approximately 22,500 tons before closing sales again shortly afterward. Meanwhile, imported billet, wire rod, and structural steel prices remained unchanged.

Rebar

Spot market

The spot rebar market recorded only limited price movements. Prices increased by TRY 100/ton in Istanbul and TRY 200/ton in İzmir, while Karabük and Payas remained unchanged. Demand continued to be cautious, with spot price gains remaining modest despite higher producer offers.

Average producer prices

Producer offers moved higher during the day. Average rebar offers from Marmara producers increased to USD 590/ton, while İzmir producers raised their offers to USD 575/ton. Offers from İskenderun producers remained unchanged at USD 580/ton.

Producer offers

İçdaş increased its dollar-based rebar prices by USD 5/ton at both its Istanbul and Biga plants. TRY-denominated prices also moved higher in line with exchange rate fluctuations.

Meanwhile, Kardemir reopened its rebar sales during the day at USD 578/ton after keeping sales closed for an extended period. The producer sold approximately 22,500 tons before closing sales again shortly afterward.

Reported Kardemir rebar sales:

• Ali Cangül – 5,000 tons
• Albayrak – 4,000 tons
• Köksal – 2,000 tons
• Özmetal – 2,000 tons
• Akınlar – 1,500 tons
• Dofer – 1,500 tons
• Aşkın – 1,000 tons
• Yalçınçelik – 1,000 tons
• Yıldırımer – 1,000 tons
• İ. Kakaç – 1,000 tons
• Fişekçioğlu – 1,000 tons
• Doğuş – 500 tons
• Anadolu – 500 tons
• Mizan – 500 tons

Billet

The imported billet market remained stable at USD 490/ton CFR Türkiye. Weak demand and the wait-and-see approach adopted by buyers continued to limit trading activity, with no price changes recorded during the day.

Kardemir also kept its billet sales closed, leaving its base prices unchanged.

Wire Rod

The wire rod market remained largely unchanged. Kardemir maintained its wire rod price at USD 590/ton, while İçdaş Biga's increase reflected the company's USD 5/ton price adjustment. Ege Çelik left its wire rod prices unchanged.

Profile

Profile prices and commercial conditions remained unchanged. Producers continued to maintain existing price levels amid subdued demand.

Market outlook

As of July 22, the Turkish long steel market was characterized by firmer producer pricing. Higher offers from Marmara and İzmir producers, together with İçdaş' USD 5/ton price increase, reflected producers' efforts to strengthen pricing.

The day's most notable development was Kardemir reopening rebar sales at USD 578/ton and selling approximately 22,500 tons before suspending sales again shortly afterward. However, limited gains in the spot market and imported billet prices remaining stable at USD 490/ton CFR Türkiye indicated that end-user demand has yet to show a meaningful recovery. With wire rod and structural steel prices remaining stable, the market continued to display a cautious tone despite higher producer offer levels.