14,641.56 TRY BIST 100 BIST 100
56.09 EUR EUR EUR
48.16 USD USD USD
7.22 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.10 TRY Interest Interest
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99.05 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
98.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Daily analysis of Turkish long products | July 14, 2026

While spot rebar prices remained unchanged across Türkiye, producers showed limited signs of recovery, particularly in the Marmara region.

Daily analysis of Turkish long products | July 14, 2026

Average rebar offers from Marmara producers increased by USD 5/mt, while imported billet prices held steady at USD 495/mt CFR Türkiye. Wire rod and structural steel markets remained largely stable, with price adjustments announced by İçdaş mainly reflecting exchange rate movements rather than changes in base prices.

Rebar

Spot Market

Spot rebar prices remained unchanged in Istanbul, Izmir, Karabük, and Payas compared to the previous assessment. Weak end-user demand continued to limit trading activity, allowing the market to maintain its current price levels.

Istanbul
32,700.00 TRY
579.83 USD 14.07.2026
Izmir
31,900.00 TRY
565.64 USD 14.07.2026
Karabuk
32,700.00 TRY
579.83 USD 14.07.2026
Payas
31,800.00 TRY
563.87 USD 14.07.2026

Average Producer Offers

Producer offers showed a modest recovery in the Marmara region. Average rebar offers from Marmara mills increased by USD 5/mt to USD 585/mt, while Izmir producers maintained offers at USD 570/mt. Producers in the Iskenderun region also raised their average offers to USD 575/mt.

Region Product Price
Marmara producers Ø12-32 mm USD 585/mt (+USD 5)
Izmir producers Ø12-32 mm USD 570/mt
Iskenderun producers Ø12-32 mm USD 575/mt (+USD 5)

Producer Offers

İçdaş updated its rebar prices at both its Istanbul and Biga mills. However, these increases were primarily driven by exchange rate fluctuations, while base prices remained largely unchanged. Kardemir continued to keep its rebar sales closed.

ICDAS, Istanbul
33,257.60 TRY
(%1.67) 557.60 
589.71 USD 14.07.2026
Kardemir, Karabuk
Closed
31,800.00 TRY
(%-2.83) -900.00 
566.00 USD 14.07.2026
ICDAS - Biga, Biga
32,457.60 TRY
(%0.08) 27.60 
575.53 USD 14.07.2026

Billet

Imported billet prices remained unchanged at USD 495/mt CFR Türkiye. Demand continued to be subdued, while competitive offers in international markets kept pressure on the semi-finished steel segment.

Turkey
495.00 USD
495.00 USD 14.07.2026

Kardemir maintained its billet base prices at USD 515/mt for S235JR grade and USD 520/mt for S420/B420 grade, while keeping billet sales closed.

Kardemir, Karabuk
24,367.20 TRY
520.00 USD 14.07.2026
24,132.90 TRY
515.00 USD 14.07.2026

Wire Rod

The wire rod market remained largely stable. Kardemir kept its wire rod offer at USD 590/mt, while the slight increase in İçdaş Biga's wire rod price was mainly attributable to exchange rate movements, with no significant change in base pricing. Ege Çelik did not announce a new price list and maintained its previous offer levels.

Kardemir, Karabuk
27,440.90 TRY
590.00 USD 14.07.2026
ICDAS - Biga, Biga
27,753.60 TRY
(%0.08) 23.60 
590.54 USD 14.07.2026

Profile

No significant changes were observed in the profile market compared to the previous trading day. Both mill and spot prices remained stable, while weak purchasing activity continued to keep the market balanced.

https://www.steelradar.com/en/steel-profiles/

Overall Assessment

As of July 14, Türkiye's long steel market remained broadly stable. Spot rebar prices were unchanged, while the USD 5/mt increase in average producer offers from the Marmara and Iskenderun regions indicated a limited attempt by mills to improve pricing. Meanwhile, imported billet prices held at USD 495/mt CFR Türkiye, reflecting the continued weakness in demand for semi-finished products.

Wire rod and structural steel markets also remained largely unchanged. Price revisions announced by İçdaş were primarily exchange rate-driven rather than reflecting higher base prices, suggesting that underlying domestic pricing remained broadly stable. Overall, the market continues to be characterized by weak demand, cautious purchasing activity, and efforts by producers to maintain price stability.

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