Tag: STS

Turkish conglomerate Tosyali Holding, which announced the acquisition of Spain’s Baika Steel Tubular System (STS) earlier this year, now rebranded as Tosyalı STS Spain, has reiterated its commitment to expanding the facility, Kallanish notes from the company’s social media statement.

Initially, when announcing the acquisition in January this year, the company stated its aim to increase the production capacity of Tosyali STS Spain from 150,000 tonnes/year to 240,000 t/y through new investments. This expansion was described as a key part of Tosyalı’s strategy to meet rising demand for spiral steel pipes, driven by the growing hydrogen distribution networks in Europe. The acquisition also increases Tosyali’s global pipe production capacity to over 3 million tonnes/year, reinforcing its status as Europe’s largest steel pipe producer, the company claims.

“Spain’s strategic location spans the European, African, and American markets,” said Şerif Tosyali, representing Tosyali’s foreign economic relations board at a meeting with employees, which was also attended by board members Yavuz Tosyalı and Kadir Tosyalı. “Here we will be able to contribute to Europe through our gradually increasing production of high-quality green steel. For us, new investments are the cornerstone of sustainable growth. In line with this approach, we will also make new investments in this plant in Spain. We continue to work towards increasing capacity here to 240,000 tonnes through new investments. With the strength of our plant in Spain, we will now pursue even better projects in the spiral pipe sector,” he added.

STS, located near Vitoria-Gasteiz in Spain, specialises in manufacturing spiral welded steel pipes with various coatings for oil, natural gas, hydrogen, and water transmission lines, as well as structural pipes for civil engineering projects.

Elina Virchenko UAE