The company sources steel coils and plates from multiple suppliers across various regions. In the United States, Nucor Steel serves as the principal supplier of steel coils under a long-term purchase agreement expiring at the end of 2026. In Canada, steel coils are obtained from ArcelorMittal Dofasco and Algoma Steel. In South America, suppliers include Gerdau S.A., ArcelorMittal Tubarão, and Usiminas (a subsidiary of Ternium) in Brazil, and Ternium Argentina S.A. in Argentina. In Saudi Arabia, steel coils for SSPC are primarily purchased locally, while plates for GPC are sourced internationally. The company also consumes significant electric energy from various facilities and agreements in Argentina, Italy, Mexico, and Romania, including wind farms, power plants, and power purchase agreements with entities such as Axpo Italia and Techgen.
Tenaris Sa's Comment on Supply Chain
The company sources steel coils and plates from multiple suppliers across various regions. In the United States, Nucor Steel serves as the principal supplier of steel coils under a long-term purchase agreement expiring at the end of 2026. In Canada, steel coils are obtained from ArcelorMittal Dofasco and Algoma Steel. In South America, suppliers include Gerdau S.A., ArcelorMittal Tubarão, and Usiminas (a subsidiary of Ternium) in Brazil, and Ternium Argentina S.A. in Argentina. In Saudi Arabia, steel coils for SSPC are primarily purchased locally, while plates for GPC are sourced internationally. The company also consumes significant electric energy from various facilities and agreements in Argentina, Italy, Mexico, and Romania, including wind farms, power plants, and power purchase agreements with entities such as Axpo Italia and Techgen.
Sources:
Tenaris Sa's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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