Turkey’s Borusan Pipe announced that its U.S. subsidiary, Borusan Berg Pipe, has entered negotiations for a potential large-diameter pipe supply contract in the United States valued at around USD 550 mln.
While the customer has not been disclosed, the company said that, if finalized, the agreement would make a significant contribution to its 2026 revenues.
Borusan Berg Pipe operates two plants in the U.S.: a 330,000 tons per year longitudinal welded pipe mill in Panama City, Florida, and a 220,000 tons per year spiral welded pipe facility in Mobile, Alabama.
Founded in 1958, Borusan Pipe is one of Turkey’s leading steel pipe producers. Its domestic operations have a combined capacity of 750,000 tons per year for longitudinal welded pipes and 300,000 tons per year for spiral welded pipes, while its Vobarno plant in Italy produces 29,000 tons per year of cold-drawn special pipes.