Turkey’s Borusan Pipe’s US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 555 mln following commercial negotiations in the US market.
The orders are expected to be produced and shipped during 2028, with the related revenue to be reflected in Borusan Pipe’s consolidated results accordingly.
The company noted that the timing may vary depending on the progress of the projects and changes in commercial conditions.
The latest orders add to the USD 360 mln in US sales orders secured earlier this month, bringing the value of newly announced orders from Borusan Berg Pipe to approximately USD 915 mln.
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.