Turkey-based Borusan Pipe has announced that its US subsidiary, Borusan Berg Pipe, secured new sales orders worth approximately USD 742 mln in the United States, according to a stock exchange filing.
The orders were awarded following commercial negotiations in the US market and primarily cover the supply of large-diameter line pipes.
Borusan said the majority of the pipes are scheduled to be manufactured and shipped during 2027, with the remaining volume expected to be completed in the first quarter of 2028.
According to the company, most of the orders are expected to contribute to consolidated revenues in 2027, while the balance is anticipated to be reflected in the first quarter of 2028.
The company noted that the delivery schedule and revenue recognition may vary depending on project progress and prevailing commercial conditions.
Borusan Boru is a major steel pipe producer with total global production capacity of around 2 mln tons per year. The company operates 11 production facilities and service centers across North America, Europe, and Asia.
Its operations in Turkey have annual production capacity of around 800,000 tons, including ERW and precision tube facilities in Gemlik and Istanbul serving the industrial, construction, energy, and automotive sectors. Its operations in the United States have combined annual capacity of around 950,000 tons, including ERW, LSAW, and HSAW pipe mills in Texas, Florida, and Alabama. In Europe, Borusan Boru operates precision tube and automotive component facilities in Italy and Romania with capacity exceeding 30,000 tons per year.