Tenaris SA - Company Profile
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Tenaris SA (Tenaris), a subsidiary of The Techint Group, is a manufacturer and supplier of steel pipe products and related services primarily for the energy industry and other industrial applications. Its main activities include the production and sale of seamless and welded steel pipes, and providing services for oil and gas drilling operations. Tenaris's major products include oil country tubular goods (OCTG), line pipes, mechanical and structural pipes, and premium joints and couplings. Tenaris serves leading oil and gas companies, supplying products for applications such as geothermal wells, hydrogen storage, and carbon capture and storage. It operates a centrally managed global distribution network for exports and utilizes local subsidiaries for domestic sales. The company has an integrated network of manufacturing, research, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa. Tenaris is headquartered in Luxembourg.
Headquarters
Luxembourg
Address
26, Boulevard Royal, Luxembourg, 2449
Website
www.tenaris.com/en
Telephone
352 2 6478978
No of Employees
24,875
Industry
Metals and Mining
Ticker Symbol & Exchange
TEN (BIT)
Revenue (2024)
$12.0B
-4.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-5.1%
(2024 vs 2023)
Market Cap*
$28.7B
Net Profit Margin (2024)
XYZ
-0.8%
(2024 vs 2023)
* As of and is in US$
Tenaris SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steel Pipes | Technical Consulting |
| Casing and Tubing | Supply Chain Management |
| Steel Grades | Pipe Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company entered into an agreement to acquire Artrom Steel Tubes S.A. from GLGH Steel, LLC for EUR86 million. |
| 2026 | Acquisitions/Mergers/Takeovers | In March, the company acquired the oilfield division from AllTorque Control Systems. |
| 2025 | Asset Purchase | In November, Steel Recycling Services acquired the Beaver Falls scrap processing yard in Koppel, Pennsylvania, from SA Recycling. |
Competitor Comparison
| Key Parameters | Tenaris SA | ArcelorMittal SA | United States Steel Corp | Salzgitter AG | Benteler International AG |
|---|---|---|---|---|---|
| Headquarters | Luxembourg | Luxembourg | United States of America | Germany | Austria |
| City | Luxembourg | Luxembourg | Pittsburgh | Salzgitter | Salzburg |
| State/Province | - | - | Pennsylvania | Brandenburg | Salzburg |
| No. of Employees | 24,875 | 125,554 | 22,053 | 22,060 | 20,990 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paolo Rocca | Chairman | Executive Board | 2002 | 73 |
| Guillermo Vogel | Vice Chairman | Executive Board | - | 75 |
| German Cura | Vice Chairman | Executive Board | - | 63 |
| Gabriel Podskubka | Chief Executive Officer | Senior Management | 2026 | 52 |
| Carlos Gomez Alzaga | Chief Financial Officer | Senior Management | 2025 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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