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Dim Outlook for Oil, Gas Steel Demand in South America: Tenaris
Nov 6, 2015Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
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Argentina's Crude Steel Production Increased 0.3 Percent Year-Over-Year
Oct 30, 2014Argentina’s crude steel production increased 0.3 percent year-over-year in September to 463,800 mt, according to the country’s steel chamber, CAA . Meanwhile, September crude steel production decreased 0.8 percent ...
Tags: Argentina, Crude Steel Production, Energy
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Tenaris S.A. Opened Its New OCTG Threading Mill in Ecuador
Sep 22, 2014Global pipe and tube producer Tenaris S.A. has announced that it officially opened its new oil country tubular goods (OCTG) threading mill in Ecuador on Tuesday, September 16. Since the start of the project in late 2012, Tenaris has ...
Tags: Tenaris S.A, OCTG
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A New Five-Year Strategic Alliance Agreement
Aug 12, 2014Swedish high-technology engineering and steelmaking group Sandvik has announced that it has signed a new five-year strategic alliance agreement with the global pipe and tube producer Tenaris on the exclusive joint supply of ...
Tags: Sandvik, Tenaris, Metallurgy, Mineral
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Voestalpine to Supply Linepipe Plates for Petrobras Project
Jul 8, 2014Austria-based steelmaker voestalpine has announced that it will supply 120,000 mt of high-strength linepipe plates for Brazilian multinational Petrobras' third pipeline in the world's largest oilfield, near Rio de Janeiro, Brazil, between ...
Tags: Metallurgy, Mineral, Energy
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Tenaris S.A. Reports a Net Profit of $428 Million, up One Percent Year on Year
May 7, 2014Global pipe and tube producer Tenaris S.A. has announced its financial results for the first quarter this year, reporting a net profit of $428 million, up one percent year on year. During the given quarter, net sales decreased by four ...
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Offer Prices in The Argentinian Ferrous Scrap Market Are up 50% in February
Feb 24, 2014Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
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A Leadrelated Services for The World's Energy Industry Has Commissioned SMS Meer
Dec 10, 2013Tenaris, a reputable leading supplier of tubes and related services for the world's energy industry has commissioned SMS Meer who is a world reputable leader in the field of plant to build a tube rolling mill at its work site in Texas. The ...
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Tenaris Plans to Purchase The Remaining 50 Percent Interest in Socotherm Brasil
Dec 10, 2013Tenaris announced Wednesday an agreement to purchase, subject to regulatory approval, the remaining 50 percent interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor. Socotherm Brasil operates a pipe coating facility ...
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SMS Meer Will Supply a Premium Quality Finishing Tube Rolling Mill
Dec 10, 2013German-based plantmaker SMS Meer has announced that it will supply a premium quality finishing tube rolling mill for the global pipe and tube producer Tenaris' Bay City site in Texas, US. The first seamless tube plant to be set up by ...
Tags: steel, metallurgy, seamless
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Tenaris Announced Its Net Profit Down 28 Percent in The Third Quarter
Nov 14, 2013Global pipe and tube producer Tenaris S.A. has announced its financial results for the third quarter and the first nine months of 2013, reporting a net profit of $314 million in the third quarter, down 28 percent year on year. During the ...
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Argentina's Steel Production in This September Totaled at 462,600 Tons
Oct 22, 2013Argentina's steel production in this September totaled at 462,600 tons, increasing by 16.8% if compare to the same month last year, according to Argentine Steel Chamber (CAA). However, this number was down by 3.4% compare to previous month. ...
Tags: Steel, Construction
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Ternium S.A. & Tecpetrol International S.A. Will Build Cycle Electric Power Plant
Aug 22, 2013Luxembourg-based steelmaker Ternium S.A. and Tecpetrol International S.A. announced Monday that they have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in ...
Tags: Ternium, Tenaris, Power Plant
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The Sales of Tenaris S.A. Increased 6 Percent Sequentially
Aug 5, 2013Global pipe and tube producer Tenaris S.A. announced that sales for the second quarter ended June 30, 2013 increased 6 percent sequentially. For Q2, Tenaris reported a profit of $429.6 million, down 5.6 percent from $455.3 million a year ...
Tags: Premium OCTG, Tenaris
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Tenaris Has Started Operation of Two New U and O Forming Presses at Its Mill in Brazil
May 28, 2013Tenaris has started operation of two new U and O forming presses at its mill in Brazil. This project is focusing on producing greater wall thickness of various steel grade tubes over 1.5" with diameter between 12 3/4" ~ 48". It’s ...
Tags: Construction, Metallurgy, Mineral, Energy
