Tosyali Holding announced that it will invest in Spain's Baika Steel Tubular Systems (STS), which was acquired in early 2024, to increase its production capacity from the current 150,000 tons/year to 240,000 tons/year.

With the acquisition of STS, the company's global pipe production capacity reaches 3 million tons/year.

As one of Turkey's largest steel producers, Tosyali aims to meet the needs of the European market by increasing the production of high-quality green steel.