9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.56 USD USD USD
36.19 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

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.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now