Tenaris SA (TS) Sector
Materials

(Current) $37.01
0.16 (0.43%) Open Price: 36.82

Tenaris S.A. is a global manufacturer and supplier of steel pipes and related services primarily used in the oil and gas industry. The company was founded in 2001 and is headquartered in Luxembourg. It operates in multiple countries around the world and has a strong presence in key energy-producing regions.

The history of Tenaris dates back to the early 1900s when its predecessor, Siderca, was founded in Argentina. Siderca became one of the leading steel producers in Latin America and later merged with Dalmine, a prominent Italian steel company. In 2001, Siderca and Dalmine, along with other companies in the Techint Group, formed Tenaris as a global brand to consolidate their steel pipe manufacturing operations.

Tenaris is primarily engaged in the production and supply of seamless and welded steel pipes for various applications, including oil and gas exploration, drilling, and transportation. The company's products are used in a wide range of industries, including energy, automotive, construction, and industrial sectors.

One of Tenaris' significant achievements is its technological innovation and R&D efforts. The company has invested in advanced manufacturing processes and technology to produce high-quality and customized steel pipes tailored to meet specific customer requirements. This dedication to innovation has helped Tenaris maintain a competitive edge in the global steel pipe market.

Tenaris has a strong commitment to health, safety, and environmental standards. It adheres to strict safety protocols and environmentally sustainable practices in its manufacturing processes and operations. The company also emphasizes community engagement and social responsibility through various initiatives and programs that contribute to the well-being of the communities where it operates.

(11/19/24) $36.82
(11/21/24) $36.85
(11/21/24) (Qty.)1,168,085
(11/19/24) $36.46
(11/19/24) $36.86
(11/03/24) $32.96
(11/03/24) $37.80
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