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Tosyalı Holding expands globally with Spanish investment

Tosyalı Holding met with employees at the Tosyalı STS Spain (STS) factory, a leading Spanish steel pipe manufacturer that it recently acquired. Şerif Tosyalı, a member of the Tosyalı Holding Board of Directors, said in a statement that they are continuing their efforts to increase production capacity to 240,000 tons.

Tosyalı Holding expands globally with Spanish investment

The Tosyalı Holding Board of Directors, represented by Şerif Tosyalı, Yavuz Tosyalı, and Kadir Tosyalı, met with the employees of the Tosyalı STS Spain Spiral Factory, which they acquired in January.

Şerif Tosyalı, speaking at the event, highlighted Spain's strategic location as a gateway to the European, African, and American markets. He emphasized the importance of their increasing high-quality green steel production in Spain, emphasizing its contribution to the European market. He underscored the significance of new investments as the foundation for their sustainable growth, revealing plans for further investment in their Spanish factory.

Tosyalı Holding aims to increase production capacity to 240,000 tons with these new investments. This expansion will allow them to secure even more significant projects in the spiral pipe sector, leveraging the strength of their Spanish facility.

Tosyalı Holding reiterated its commitment to sustainable growth and strategic investments in green steel production in Spain. This move is strategically aligned with their goals of contributing to the European market, expanding their market share, and fulfilling their sustainability objectives.The company believes these new developments will have a positive impact on both the Spanish economy and the global steel industry.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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