Tenaris Sa's Comment on Sales, Marketing and Customers
Tenaris serves customers primarily in the USA and Canada, focusing on the oil and gas industry. The company operates production and supply chain facilities including the Koppel steel shop, pipe production plants at Bay City, Hickman, and Ambridge, as well as various pipe processing facilities. Tenaris supplies 90% of its US sales through these operations and has strengthened its market position in both the US and Canada, particularly through its Rig Direc offering.
Brazilian Court Upholds Ruling: Tenaris Group Liable for Indemnification in Usiminas Acquisition DisputeIn a landmark decision that resonates across the global steel industry, the Brazilian Superior Court of Justice (SCJ) has reiterated its stance, mandating that Tenaris S.A. and its affiliates fulfill indemnification obligations related to their 2012 investment in Usiminas. This latest judicial pronouncement, published on December 6, 2024, denies the motion for clarification filed by Confab, a subsidiary of Tenaris, in conjunction with Ternium s subsidiaries, Ternium Investments and Ternium Argentina, collectively known as the T/T Group. The SCJ s resolution emanates from the intricate dynamics following T...
Luxembourg-based multinational pipe manufacturing company, Tenaris S.A., has reaffirmed its commitment to growth and innovation with the completion of its recent acquisition of Mattr s pipe coating business unit. The acquisition, valued at US$182.6 million, solidifies Tenaris position as a global leader in the pipe coating industry.
Tenaris strategic decision to acquire Mattr s pipe coating business unit is a testament to the company s vision for expansion and maintaining its competitive edge in the market. The transaction includes both the transfer of estimated working capital and a considerable cash component of US$16.9 million. This move aligns with Tenaris efforts to diversify its...
Tenaris Sa’s Comment on Sales, Marketing and Customers
Tenaris serves customers primarily in the USA and Canada, focusing on the oil and gas industry. The company operates production and supply chain facilities including the Koppel steel shop, pipe production plants at Bay City, Hickman, and Ambridge, as well as various pipe processing facilities. Tenaris supplies 90% of its US sales through these operations and has strengthened its market position in both the US and Canada, particularly through its Rig Direc offering.
Sources:
Tenaris Sa’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Tenaris Sa’s corporate clients.
For your research, we’ve provided 9 tables on Tenaris Sa corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
95.15 %