14,110.14 TRY BIST 100 BIST 100
55.10 EUR EUR EUR
47.75 USD USD USD
7.12 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
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6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Daily analysis of Turkish long products | July 17, 2026

Turkish long steel market sees higher spot prices while producer offers remain largely stable.

Daily analysis of Turkish long products | July 17, 2026

Spot rebar prices increased across all regions, while producer offers remained largely stable. Average rebar offers from Marmara producers declined to USD 580/mt, while İzmir producers continued to offer at USD 570/mt and İskenderun producers at USD 575-580/mt. Imported billet prices remained unchanged at USD 495/mt CFR Türkiye, while no significant price movement was observed in the wire rod and section markets.

Rebar

Spot rebar prices increased in all regions. Prices rose by TRY 200/mt in İstanbul, İzmir and Payas, while Karabük recorded a TRY 600/mt increase. Despite the price increases, end-user demand remained generally weak. In the Payas region, demand was reported to be at a moderate level, with transactions mainly taking place on a truckload basis.

Istanbul
32,900.00 TRY
(%0.61) 200.00 
582.69 USD 17.07.2026
Izmir
32,100.00 TRY
(%0.62) 200.00 
568.52 USD 17.07.2026
Karabuk
33,300.00 TRY
(%1.80) 600.00 
589.78 USD 17.07.2026
Payas
32,200.00 TRY
(%0.62) 200.00 
570.29 USD 17.07.2026

Average producer prices

No significant changes were observed in producer offers. The average rebar offer from Marmara producers declined to USD 580/mt, while İzmir producers maintained offers at USD 570/mt. In the İskenderun region, offers were reported in the range of USD 575-580/mt.

Region Product Price
Marmara producers Ø12-32 mm USD 580/mt
İzmir producers Ø12-32 mm USD 570/mt
İskenderun producers Ø12-32 mm USD 575-580/mt

Producer offers

İçdaş slightly increased its rebar prices at its İstanbul and Biga plants. The revisions were largely driven by exchange rate movements, while Kardemir continued to keep its rebar sales closed.

ICDAS, Istanbul
33,333.50 TRY
(%1.30) 433.50 
590.37 USD 17.07.2026
Kardemir, Karabuk
Closed
31,800.00 TRY
(%-4.71) -1,500.00 
566.00 USD 17.07.2026
ICDAS - Biga, Biga
32,533.50 TRY
(%0.21) 69.00 
576.20 USD 17.07.2026

Billet

Imported billet prices remained stable at USD 495/mt CFR Türkiye. No significant change was observed in domestic demand, and the cautious sentiment continued in the semi-finished steel market.

Turkey
495.00 USD
495.00 USD 17.07.2026

Kardemir also kept its billet sales closed while maintaining its base prices unchanged.

Kardemir, Karabuk
24,367.20 TRY
520.00 USD 17.07.2026
24,132.90 TRY
515.00 USD 17.07.2026

Wire rod

The wire rod market maintained its stable trend. Kardemir kept its wire rod price unchanged at USD 590/mt, while the limited increase seen at İçdaş Biga was considered to be largely exchange rate-driven. Ege Çelik did not announce a new price and maintained its existing levels.

Kardemir, Karabuk
27,440.90 TRY
590.00 USD 17.07.2026
ICDAS - Biga, Biga
27,818.50 TRY
(%0.21) 59.00 
591.23 USD 17.07.2026

Profile

No significant price changes were observed in the profile market. İstanbul spot profile prices were updated at the same levels, while producers maintained their current pricing policy. The market continued to display a balanced outlook due to limited buying interest.

Overall assessment

As of 17 July, spot rebar prices in the Turkish long steel market posted modest increases, although weak demand conditions largely persisted. The stronger price increase in Karabük compared to other regions stood out, while moderate demand in Payas was supported by truckload-based transactions.

While no major changes were seen in producer offers, the decline in the average offer from Marmara producers to USD 580/mt indicated that the competitive market environment continues. The stability of imported billet prices at USD 495/mt CFR Türkiye, together with unchanged prices in the wire rod and section segments, suggests that the cautious and balanced outlook in the Turkish long steel market remains in place.

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