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Turkish industrial conglomerate Borusan Holding’s U.S. steel pipeline subsidiary, Borusan Berg Pipe, has secured new sales orders worth a total of $686 million, the company announced Friday.
According to a statement filed with the Public Disclosure Platform (KAP), the company will deliver large-diameter line pipes following commercial negotiations with U.S.-based clients.
The company said the large-diameter line pipes covered by the orders will be produced and shipped gradually over 2026 and 2027. Based on current production and delivery plans, Borusan expects the contracts to contribute around $230 million to consolidated revenues in 2026 and approximately $456 million in 2027.
Borusan noted that these projections may vary depending on project progress and market conditions.
After the announcement, the company’s shares listed on Borsa Istanbul rose by the maximum daily limit of 10%.
The announcement follows another deal revealed in August, when Borusan signed a sales agreement valued at about $567 million with Eiger Supply LLC for large-diameter pipes to be used in the Eiger Express Pipeline project in the United States.
Founded in 1958, Borusan Holding is one of Türkiye’s leading industrial conglomerates, operating in steel, logistics, and energy. The group entered the U.S. market in 2014 with a $150 million investment and expanded its presence in 2023 by acquiring Berg Pipe for $162 million.
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