14,917.43 TRY BIST 100 BIST 100
6.67 CNY CNY CNY
53.23 EUR EUR EUR
45.24 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
41.05 TRY Interest Interest
101.45 USD Fossil Oil Fossil Oil
6.19 USD Copper Copper
113.84 USD Silver Silver
110.37 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,838.76 TRY Gold (gr) Gold (gr)
112.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Borusan Pipe is modernizing its Gemlik facility with an investment of TL 301.65 million

Borusan Boru has begun preparations for a significant investment to increase production capacity at its Gemlik facility in Bursa.

Borusan Pipe is modernizing its Gemlik facility with an investment of TL 301.65 million

According to a statement by the Ministry of Environment, Urbanization and Climate Change, an Environmental Impact Assessment (EIA) process has been initiated for the company’s project, which includes the revision of its pipe production line as well as the addition of phosphating and surface cleaning lines.

With a total investment value of TL 301.65 million, the project aims to modernize the existing production line in order to respond to increasing customer demand for longitudinally welded steel pipes. In addition, a new surface preparation line and a surface cleaning line will be integrated into the facility.

Upon completion of the investment, the plant’s annual production capacity is expected to reach 1,139,691 metric tons of pipes. During the construction phase of the project, approximately 50 personnel are planned to be employed.

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

Vicky A. Mathur : Iranian supply disruptions tightened billet availability in Asia, increasing reliance on China

Thursday, May 7, 2026

Germany’s EUR 5 billion funding plan for industrial decarbonization projects approved

Thursday, May 7, 2026

Australia imposes 82% tariff on Chinese steel imports

Thursday, May 7, 2026

The countdown has begun for Steel Summit 2026!

Thursday, May 7, 2026

Kocaer Çelik increased its EBITDA margin to 14.1% despite challenging global conditions

Thursday, May 7, 2026
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