Tosyalı STS Spain

TOSYALI HAS ACQUIRED STS COMPANY, ONE OF THE LEADING STEEL PIPE MANUFACTURERS IN SPAIN.

Tosyalı, Turkey's global steel producer, has acquired the STS factory, whose demand is rising with the increasing new hydrogen distribution networks in Europe. Continuing its global expansion with this acquisition in Spain after its investments in Algeria, Senegal and Angola, Tosyalı aims to increase the capacity of the plant to 240,000 tons/year with new investments in STS, which has an annual production capacity of 150,000 tons of spiral pipes.